✨ Telecom Financial Statements




24 DECEMBER

NEW ZEALAND GAZETTE

5159

TELECOM WELLINGTON LIMITED

EARNINGS STATEMENT

FOR THE SIX MONTHS ENDED 30 SEPTEMBER 1990

Notes Six Months Ended 30 September 1990 $000's Year Ended 31 March 1990 $000's
Revenue 2 166,336 344,888
Operating expenses 3 (135,047) (241,422)
Earnings from operations 31,289 103,466
Interest income 4 36 3,972
Interest expense 4 (9,669) (19,212)
Net earnings before taxation 21,656 88,226
Taxation 5 (7,203) (29,448)
Net earnings after taxation 14,453 58,778
Retained earnings from the previous year 19,155 –
Available for appropriation 33,608 58,778
Dividends 6 (4,086) (39,623)
Retained earnings at end of period 29,522 19,155

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



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✨ LLM interpretation of page content

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

🏭 Trade, Customs & Industry
24 December 1990
Earnings Statement, Financial Results, Six Months Ended 30 September 1990, Revenue, Operating Expenses, Taxation, Dividends, Retained Earnings