✨ Financial Statements Continuation




20 DECEMBER NEW ZEALAND GAZETTE 4007

TELECOM CENTRAL LIMITED AND SUBSIDIARY

NOTES TO THE FINANCIAL STATEMENTS

(CONTINUED)

2 OPERATING EXPENSES

Six months ended 30 September Year ended 31 March
1991 1990
$000's $000's
Total Operating 180,159 185,490

Included in operating expenses are:

  • Depreciation | 53,819 | 51,007 | 104,711 |
  • Audit fees | 100 | 95 | 156 |
  • Intercompany management fee | 9,380 | 10,487 | 19,860 |
  • Foreign exchange (gains)/losses | (4) | 2 | (178) |
  • Lease and rental costs | 2,831 | 2,849 | 5,749 |

3 INVESTMENT INCOME/INTEREST EXPENSE

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

Interest income:

  • Intercompany | 273 | 1,982 | 1,982 |
  • Other | 3 | - | - |
    | Total Interest Income | 276 | 1,982 | 1,982 |

Interest expense:

  • Intercompany (including finance lease charges) | 21,647 | 18,605 | 37,804 |
  • Other | 97 | 26 | 159 |
    | Total Interest Expense | 21,744 | 18,631 | 37,963 |


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✨ LLM interpretation of page content

🏭 Notes to the Financial Statements of Telecom Central Limited (continued from previous page)

🏭 Trade, Customs & Industry
Telecommunications, Financial Statements, Operating Expenses, Depreciation, Audit Fees, Intercompany Management Fee, Foreign Exchange, Lease and Rental Costs, Investment Income, Interest Expense