β¨ 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 — π NZ Gazette 1992, No 97
β¨ LLM interpretation of page content
π
Telecom Wellington Limited Financial Notes
(continued from previous page)
π Trade, Customs & Industry29 June 1992
Financial Statements, Earnings Report, Telecom Companies, Operating Revenues, Investment Income