✨ Financial Statements




18 DECEMBER

NEW ZEALAND GAZETTE

4549

TELECOM AUCKLAND LIMITED

NOTES TO THE FINANCIAL STATEMENTS

(CONTINUED)

2 OPERATING EXPENSES

Six months ended Year ended
30 September 31 March
1992 1991
$000's $000's
Total Operating Expenses 236,843 243,761

Included in operating expenses are:

  • Depreciation | 65,704 | 61,499 | 125,435 |
  • Audit fees | 108 | 100 | 200 |
  • Intercompany management fee | 13,173 | 11,363 | 22,787 |
  • Foreign exchange gains | - | (8) | 5 |
  • Lease and rental costs | 7,728 | 8,548 | 16,265 |

3 INVESTMENT INCOME/INTEREST EXPENSE

Six months ended Year ended
30 September 31 March
1992 1991
$000's $000's

Interest income:

  • Intercompany | - | 141 | 141 |

  • Other | 12 | 6 | 3,657 |

                        | 12        | 147       | 3,798         |

Interest expense:

  • Intercompany (including finance lease charges) | 24,540 | 28,565 | 53,661 |

  • Other | 13 | 20 | 33 |

                        | 24,553    | 28,585    | 53,694        |
  • Less interest capitalised | - | (163) | (163) |

                        | 24,553    | 28,422    | 53,531        |


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

🏭 Trade, Customs & Industry
Telecommunications, Financial Statements, Notes, Operating Expenses, Investment Income, Interest Expense, Telecom Auckland Limited