β¨ Financial Statements
20 DECEMBER NEW ZEALAND GAZETTE 4043
TELECOM SOUTH LIMITED
NOTES TO THE FINANCIAL STATEMENTS
(CONTINUED)
2 OPERATING EXPENSES
Included in operating expenses are:
- Depreciation
- Audit fees
- Intercompany management fee
- Lease and rental costs
| Six months ended 30 September | Year ended 31 March | |
|---|---|---|
| 1991 | 1990 | 1991 |
| $000's | $000's | $000's |
| 164,550 | 169,520 | 328,719 |
| 50,530 | 49,342 | 101,303 |
| 100 | 95 | 190 |
| 8,553 | 8,873 | 15,431 |
| 2,483 | 2,863 | 5,849 |
3 INVESTMENT INCOME/INTEREST EXPENSE
Interest income:
- Intercompany
- Other
| Six months ended 30 September | Year ended 31 March | |
|---|---|---|
| 1991 | 1990 | 1991 |
| $000's | $000's | $000's |
| - | 173 | 174 |
| 2 | - | - |
| 2 | 173 | 174 |
Interest expense:
- Intercompany (including finance lease charges)
- Other
- Less interest capitalised
| 18,623 | 16,328 | 35,898 |
| (10) | 1,127 | (10) |
| 18,613 | 17,455 | 35,888 |
| (4,266) | (883) | (3,348) |
| 14,347 | 16,572 | 32,540 |
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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
Notes to the Financial Statements for Telecom South Limited
(continued from previous page)
π Trade, Customs & Industry20 December 1991
Financial Statements, Operating Expenses, Depreciation, Audit Fees, Intercompany Management Fee, Lease and Rental Costs, Investment Income, Interest Expense, Telecom South Limited