✨ Financial Statements




18 DECEMBER NEW ZEALAND GAZETTE 4579

TELECOM WELLINGTON LIMITED

STATEMENT OF EARNINGS

FOR THE SIX MONTHS ENDED 30 SEPTEMBER 1992

Six months ended 30 September Year ended 31 March
1992 1991 1992
Notes $000's $000's $000's
Operating revenues 136,210 152,865 301,378
Operating expenses (119,471) (127,065) (245,667)
Earnings from operations 16,739 25,800 55,711
Investment income 9,069 6,368 17,849
Interest expense (23,208) (17,646) (42,188)
Earnings before income tax 2,600 14,522 31,372
Income tax 3,962 (1,677) (980)
Net earnings 6,562 12,845 30,392

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



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πŸ’° Telecom Wellington Limited Financial Statements (continued from previous page)

πŸ’° Finance & Revenue
Financial Statements, Earnings, Operating Revenues, Operating Expenses, Investment Income, Interest Expense, Income Tax, Net Earnings