✨ Financial Statements




18 DECEMBER NEW ZEALAND GAZETTE 4543

TELECOM AUCKLAND LIMITED

STATEMENT OF EARNINGS

FOR THE SIX MONTHS ENDED 30 SEPTEMBER 1992

Notes Six months ended 30 September Year ended 31 March
1992 1991 1992
$000's $000's $000's
Operating revenues 285,011 291,692 584,051
Operating expenses (236,843) (243,761) (484,917)
Earnings from operations 48,168 47,931 99,134
Investment income 12 147 3,798
Interest expense (24,553) (28,422) (53,531)
Earnings before income tax 23,627 19,656 49,401
Income tax (7,805) (5,622) (11,259)
Net earnings 15,822 14,034 38,142

The accompanying notes form part of and are to be read in conjunction with these financial statements.



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🏭 Financial Statements under Telecommunications (Disclosure) Regulations 1990 (continued from previous page)

🏭 Trade, Customs & Industry
Telecommunications, Financial Statements, Earnings, Operating Revenues, Operating Expenses, Investment Income, Interest Expense, Income Tax, Net Earnings, Telecom Auckland Limited