β¨ 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 |
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VUW Te Waharoa —
NZ Gazette 1991, No 194
NZLII —
NZ Gazette 1991, No 194
β¨ LLM interpretation of page content
π
Financial Statements under Telecommunications (Disclosure) Regulations 1990
(continued from previous page)
π Trade, Customs & Industry20 December 1991
Telecommunications, Financial Statements, Regulations, Operating Expenses, Investment Income