β¨ Financial Statements
NEW ZEALAND GAZETTE, No. 155
25 NOVEMBER 2013
TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 30 JUNE 2013
| Notes | LINES BUSINESS 2013 $M | LINES BUSINESS 2012 $M | |
|---|---|---|---|
| Transmission revenue | 2 | 860.7 | 725.2 |
| Insurance claim revenue | 2 | 3.0 | 3.5 |
| Finance revenue | 5 | 0.8 | 3.1 |
| Total revenue | 864.5 | 731.8 |
| Operating expenses | 4 | 278.2 | 271.6 |
| Earnings before finance expenses, tax, depreciation, amortisation, impairment, asset write-offs and changes in the fair value of financial instruments | | 586.3 | 460.2 |
| Depreciation | 4 | 165.4 | 148.8 |
| Amortisation | 4 | 12.0 | 8.1 |
| Impairment | 13 | 3.5 | 3.9 |
| Asset write-offs | 4 | 16.6 | 12.1 |
| Finance expenses | 5 | 136.8 | 85.4 |
| Earnings before changes in the fair value of financial instruments and tax | | 252.0 | 201.9 |
| (Gain) loss in the fair value of financial instruments | 6 | (0.2) | 121.8 |
| Earnings before tax | | 252.2 | 80.1 |
| Income tax expense (credit)| 7 | 67.1 | 22.9 |
| NET PROFIT (LOSS) | | 185.1 | 57.2 |
Total net profit (loss) for the period is attributable to:
Owners of the parent | | 185.1 | 57.2 |
| Other comprehensive income for the period net of tax | | | 0.9 |
| Total comprehensive income for the period | | 185.1 | 58.1 |
Total comprehensive income for the period is attributable to:
Owners of the parent | | 185.1 | 58.1 |
These statements are to be read in conjunction with the accompanying notes.
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π
Transpower New Zealand Limited Statement of Comprehensive Income
(continued from previous page)
π Trade, Customs & IndustryFinancial Statements, Revenue, Expenses, Profit, Transpower, Electricity
NZ Gazette 2013, No 155