New Zealand Gazette – 1992 – No. 97

Page 2239

✨ Financial Statements

29 JUNE NEW ZEALAND GAZETTE 2239

TELECOM WELLINGTON LIMITED

STATEMENT OF EARNINGS

FOR THE YEAR ENDED 31 MARCH 1992

| Notes | 1992
| | $000's | | 1991
| | $000's |
|-------|-----------|-------|----------|
| Operating revenues | 15 | 301,378 | | 328,867 |
| Operating expenses | 2 | (245,667) | | (248,440) |
| Earnings from operations | | 55,711 | | 80,427 |
| Investment income | 3 | 17,849 | | 994 |
| Interest expense | 3 | (42,188) | | (20,819) |
| Earnings before income tax | | 31,372 | | 60,602 |
| Income tax | 4 | (980) | | (19,931) |
| Net earnings | 15 | 30,392 | | 40,671 |

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 97

NZLII — NZ Gazette 1992, No 97

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✨ LLM interpretation of page content

🏭 Telecom Wellington Limited Financial Notes (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated29 June 1992
KeywordsFinancial Statements, Earnings Report, Telecom Companies, Operating Revenues, Investment Income

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