β¨ 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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VUW Te Waharoa —
NZ Gazette 1992, No 205
NZLII —
NZ Gazette 1992, No 205
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Financial Statements under Telecommunications (Disclosure) Regulations 1990
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π Trade, Customs & IndustryTelecommunications, Financial Statements, Earnings, Operating Revenues, Operating Expenses, Investment Income, Interest Expense, Income Tax, Net Earnings, Telecom Auckland Limited