β¨ Financial Statements
28 JUNE NEW ZEALAND GAZETTE 2143
TELECOM CENTRAL LIMITED AND SUBSIDIARY
CONSOLIDATED STATEMENT OF EARNINGS
FOR THE YEARS ENDED 31 MARCH
| Notes | 1991 | 1990 |
|---|---|---|
| $000's | $000's |
Operating revenues | 500,081 | 232,243 |
Operating expenses | (369,608) | (172,277) |
Earnings from operations | 130,473 | 59,966 |
Interest income | 1,982 | 2,828 |
Interest expense | (37,963) | (18,281) |
Earnings before income tax| 94,492 | 44,513 |
Income tax | (32,138) | (13,790) |
Net earnings | 62,354 | 30,723 |
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 97
NZLII —
NZ Gazette 1991, No 97
β¨ LLM interpretation of page content
π
Telecom Central Limited Financial Statements
(continued from previous page)
π Trade, Customs & Industry7 June 1991
Telecommunications, Financial Reporting, Audit, Accounting Records