Annual Report 2010/11

This report describes Transpower's financial and operational performance for the financial year ending 30 June 2011.

The earnings after tax, prior to net changes in the fair value of financial instruments, were $126 million (2010: $142 million), a decrease of $16 million (11 per cent). The underlying operating performance was very sound, but the result was impacted below the EBITDAIF line (earnings before interest, tax, depreciation, amortisation, impairment and changes in the fair value of financial instruments) by adverse one-off impacts.

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Annual Report 2010/11 [ pdf 4.36 MB ]