β¨ Financial Statements
VECTOR LIMITED & SUBSIDIARIES
GAS DISTRIBUTION ACTIVITIES
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 30 JUNE 2011
| NOTE | 2011 ($'000) | 2010 ($'000) |
|---|---|---|
| Operating revenue | 80,465 | 80,765 |
| Total income | 80,465 | 80,765 |
| Network and asset maintenance expenses | (8,193) | (7,651) |
| Personnel expenses | (10,703) | (9,268) |
| Other expenses | (7,443) | (6,437) |
| Operating expenditure | (26,339) | (23,356) |
| Earnings before interest, income tax, depreciation and amortisation (EBITDA) | 54,126 | 57,409 |
| Depreciation and amortisation | (11,551) | (11,924) |
| Profit before interest and income tax | 42,575 | 45,485 |
| Finance costs | 2 | (18,673) |
| Profit before income tax | 24,660 | 26,812 |
| Income tax expense | 3 | (6,853) | (4,292) |
| Net profit for the period | 17,807 | 22,520 |
| Total comprehensive income for the period | 17,807 | 22,520 |
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Certification of Financial Statements for Vector Limited
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πΎ Primary Industries & ResourcesFinancial Statements, Performance Measures, Gas Regulations, Certification
NZ Gazette 2012, No 24