✨ Financial Statements




18 DECEMBER

NEW ZEALAND GAZETTE

4567

TELECOM CENTRAL LIMITED AND SUBSIDIARY

NOTES TO THE FINANCIAL STATEMENTS

(CONTINUED)


2 OPERATING EXPENSES

Six months ended Year ended
30 September 31 March
1992 1991 1992
$000's $000's $000's
------------------------- ----------- ------- ---------------
186,093 180,159 359,421

Included in operating expenses are:

- Depreciation 52,768 53,819 109,754
- Audit fees 127 100 200
- Intercompany management fee 11,904 9,380 18,816
- Foreign exchange gains - (4) (27)
- Lease and rental costs 3,070 2,831 5,495

3 INVESTMENT INCOME/INTEREST EXPENSE

Six months ended Year ended
30 September 31 March
1992 1991 1992
$000's $000's $000's
Interest income:
- Intercompany 628 273 942
- Other 65 3 652
693 276 1,594
--- --- --- ---
Interest expense:
- Intercompany (including finance lease charges) 19,062 21,647 41,660
- Other - 97 194
19,062 21,744 41,854


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✨ LLM interpretation of page content

πŸ’° Telecom Central Limited and Subsidiary Financial Statements (continued from previous page)

πŸ’° Finance & Revenue
12 November 1992
Financial Statements, Operating Expenses, Depreciation, Audit Fees, Investment Income, Interest Expense, Telecom Central Limited