✨ Financial Statements
5306
NEW ZEALAND GAZETTE, No. 184
28 NOVEMBER 2011
TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 30 JUNE 2011
| Notes | LINES BUSINESS | ||
|---|---|---|---|
| 2011 | 2010 | ||
| $M | $M | ||
| Transmission revenue | 2 | 675.3 | 653.4 |
| Insurance claim revenue | 2 | - | 3.3 |
| Finance revenue | 5 | 0.3 | 1.5 |
| 675.6 | 658.2 | ||
| Operating expenses | 4 | 261.3 | 242.7 |
| Earnings before finance expenses, tax, depreciation, amortisation, impairment | |||
| and changes in the fair value of financial instruments | 414.3 | 415.5 | |
| Depreciation | 4 | 145.9 | 126.6 |
| Amortisation | 4 | 9.0 | 7.0 |
| Impairment | 13 | 19.7 | 30.0 |
| Asset write-offs | 4 | 12.5 | 5.4 |
| Finance expenses | 5 | 82.5 | 77.3 |
| Earnings before changes in the fair value of financial | |||
| instruments and tax | 144.7 | 169.2 | |
| Gain (loss) in the fair value of financial instruments | 6 | (74.9) | (112.3) |
| Earnings before tax | 69.8 | 56.9 | |
| Income tax expense (credit) | 7 | 21.1 | 27.2 |
| NET PROFIT (LOSS) | 48.7 | 29.7 | |
| Total net profit (loss) for the period is attributable to: | |||
| Owners of the parent | 48.7 | 29.7 | |
| Other comprehensive income for the period net of tax | - | - | |
| Total comprehensive income for the period | 48.7 | 29.7 | |
| Total comprehensive income for the period is attributable to: | |||
| Owners of the parent | 48.7 | 29.7 |
These statements are to be read in conjunction with the accompanying notes.
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NZ Gazette 2011, No 184
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Transpower New Zealand Limited Disclosure Information
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