✨ Financial Statements




20 DECEMBER

NEW ZEALAND GAZETTE

3989

TELECOM AUCKLAND LIMITED

NOTES TO THE FINANCIAL STATEMENTS

(CONTINUED)

2 OPERATING EXPENSES

Six months ended 30 September Year ended 31 March
1991 1990 1991
$000's $000's $000's
Total Operating Expenses 243,761 250,767 494,302

Included in operating expenses are:

- Depreciation 61,499 56,277 117,228
- Audit fees 100 95 190
- Intercompany management fee 11,363 13,433 25,440
- Foreign exchange gains (8) - (52)
- Lease and rental costs 8,548 16,543 32,196

3 INVESTMENT INCOME/INTEREST EXPENSE

Six months ended 30 September Year ended 31 March
1991 1990 1991
$000's $000's $000's

Interest income:

- Intercompany 141 - -
- Other 6 2 31
147 2 31

Interest expense:

- Intercompany (including finance lease charges) 28,565 28,659 59,452
- Other 20 4 4
28,585 28,663 59,456
--- --- --- ---
- Less interest capitalised (163) (307) (529)
28,422 28,356 58,927


Next Page →

PDF embedding disabled (Crown copyright)

View this page online at:


VUW Te Waharoa — PDF NZ Gazette 1991, No 194


NZLII — 🌐 NZ Gazette 1991, No 194





✨ LLM interpretation of page content

🏭 Financial Statements under Telecommunications (Disclosure) Regulations 1990 (continued from previous page)

🏭 Trade, Customs & Industry
20 December 1991
Telecommunications, Financial Statements, Regulations, Operating Expenses, Investment Income