✨ 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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✨ LLM interpretation of page content

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

🏭 Trade, Customs & Industry
20 December 1991
Financial Statements, Operating Expenses, Depreciation, Audit Fees, Intercompany Management Fee, Lease and Rental Costs, Investment Income, Interest Expense, Telecom South Limited