✨ Financial Statements




29 JUNE
NEW ZEALAND GAZETTE
2209

TELECOM AUCKLAND LIMITED
NOTES TO THE FINANCIAL STATEMENTS
(CONTINUED)

2 OPERATING EXPENSES

1992 1991
$000's $000's
484,917 494,302

Included in operating expenses are:

  • Depreciation 125,435 117,228
  • Audit fees 200 190
  • Intercompany management fee 22,787 25,440
  • Foreign exchange gains 5 (52)
  • Lease and rental costs 16,265 15,376

3 INVESTMENT INCOME/INTEREST EXPENSE

1992 1991
$000's $000's
3,798 31

Interest income:

  • Intercompany 141 -
  • Other 3,657 31

Interest expense:

  • Intercompany (including finance lease charges) 53,661 59,452
  • Other 33 4
    53,694 59,456
  • Less interest capitalised (163) (529)
    53,531 58,927


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✨ LLM interpretation of page content

🏭 Telecom Auckland Limited Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
27 May 1992
Telecommunications, Financial Statements, Operating Expenses, Investment Income, Interest Expense