New Zealand Gazette – 1991 – No. 194

Page 4037

✨ Financial Statements

20 DECEMBER NEW ZEALAND GAZETTE 4037

TELECOM SOUTH LIMITED

STATEMENT OF EARNINGS

FOR THE SIX MONTHS ENDED 30 SEPTEMBER 1991

	Notes	Six months ended 30 September	Year ended 31 March
		1991	1990
		$000's	$000's
Operating revenues	13	223,781	214,459
Operating expenses	2	(164,550)	(169,520)
Earnings from operations		59,231	44,939
Investment income	3	2	173
Interest expense	3	(14,347)	(16,572)
Earnings before income tax		44,886	28,540
Income tax	4	(14,876)	(9,794)
Net earnings	13	30,010	18,746

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 — NZ Gazette 1991, No 194

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

🏭 Notes to the Financial Statements for Telecom South Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated20 December 1991
KeywordsFinancial Statements, Earnings, Revenue, Expenses, Telecom South Limited

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