✨ Telecommunications Financial Statements




20 DECEMBER NEW ZEALAND GAZETTE 4001

TELECOM CENTRAL LIMITED AND SUBSIDIARY

CONSOLIDATED STATEMENT OF EARNINGS

FOR THE SIX MONTHS ENDED 30 SEPTEMBER 1991

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

Operating revenues 13 254,222 249,620 | 500,081
Operating expenses 2 (180,159) (185,490)| (369,608)
Earnings from operations 74,063 64,130 | 130,473
Investment income 3 276 1,982 | 1,982
Interest expense 3 (21,744) (18,631)| (37,963)
Earnings before income tax 52,595 47,481 | 94,492
Income tax 4 (17,529) (15,893)| (32,138)
Net earnings 13 35,066 31,588 | 62,354

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



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VUW Te Waharoa PDF NZ Gazette 1991, No 194


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

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Telecommunications, Financial Statements, Segmental Reporting, Revenue, Earnings, Assets