New Zealand Gazette – 1992 – No. 205

Page 4579

✨ 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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VUW Te Waharoa — NZ Gazette 1992, No 205

NZLII — NZ Gazette 1992, No 205

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

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💰 Telecom Wellington Limited Financial Statements (continued from previous page)

Domain💰 Finance & Revenue
KeywordsFinancial Statements, Earnings, Operating Revenues, Operating Expenses, Investment Income, Interest Expense, Income Tax, Net Earnings

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