Financial Statement




24 DECEMBER NEW ZEALAND GAZETTE

TELECOM AUCKLAND LIMITED

EARNINGS STATEMENT

FOR THE SIX MONTHS ENDED 30 SEPTEMBER 1990

Notes Six Months Ended 30 September 1990 Year Ended 31 March 1990
$000’s $000’s
Revenue 2 314,093 605,632
Operating expenses 3 (250,767) (475,266)
Earnings from operations 63,326 130,366
Interest income 4 2 1,536
Interest expense 4 (28,356) (37,280)
Net earnings before taxation 34,972 94,622
Taxation 5 (12,905) (31,742)
Net earnings after taxation 22,067 62,880
Retained earnings from the previous year 3,144
Available for appropriation 25,211 62,880
Dividends 6 (6,263) (59,736)
Retained earnings at end of period 18,948 3,144

The notes which follow form part of and are to be read in conjunction with these financial statements.



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🏭 Telecom Auckland Limited Earnings Statement (continued from previous page)

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Financial Statement, Earnings, Revenue, Expenses, Taxation, Dividends, Telecom Auckland Limited