β¨ 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 —
NZ Gazette 1991, No 194
NZLII — π 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 & IndustryTelecommunications, Financial Statements, Segmental Reporting, Revenue, Earnings, Assets