New Zealand Gazette – 1992 – No. 205

Page 4597

✨ Financial Statements

18 DECEMBER NEW ZEALAND GAZETTE 4597

TELECOM SOUTH LIMITED

STATEMENT OF EARNINGS

FOR THE SIX MONTHS ENDED 30 SEPTEMBER 1992

	Six months ended 30 September		Year ended 31 March
	1992	1991	1992
	$000's	$000's	$000's
Operating revenues	223,427	223,781	449,827
Operating expenses	(171,612)	(164,550)	(330,065)
Earnings from operations	51,815	59,231	119,762
Investment income	462	2	1,557
Interest expense	(17,951)	(14,347)	(30,938)
Earnings before income tax	34,326	44,886	90,381
Income tax	(11,384)	(14,876)	(29,855)
Net earnings	22,942	30,010	60,526

Notes 2, 3, and 4 are referenced for Operating expenses, Investment income, and Interest expense, and Income tax respectively.

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

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

Domain💰 Finance & Revenue
KeywordsFinancial Statements, Earnings, Revenues, Expenses, Tax, Telecommunications

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