New Zealand Gazette – 1993 – No. 94

Page 1753

✨ Financial Statements

29 JUNE NEW ZEALAND GAZETTE 1753

TELECOM CENTRAL LIMITED AND SUBSIDIARY

CONSOLIDATED STATEMENT OF EARNINGS

FOR THE YEARS ENDED 31 MARCH

	Notes	1993	1992
		$000's	$000's
Operating revenues		511,598	514,064
Operating expenses
Abnormal redundancy and restructuring costs	2	(94,359)	(13,048)
Other		(329,272)	(346,373)
Total operating expenses		(423,631)	(359,421)
Earnings from operations		87,967	154,643
Investment income	3	2,980	1,594
Interest expense	3	(36,641)	(41,854)
Earnings before income tax		54,306	114,383
Income tax	4	(14,401)	(38,205)
Net earnings		39,905	76,178

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 1993, No 94

NZLII — NZ Gazette 1993, No 94

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✨ LLM interpretation of page content

🏭 Financial Statements under Telecommunications (Disclosure) Regulations 1990 (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated13 May 1993
KeywordsTelecommunications, Financial Statements, Audit Report, Cooperative & Lybrand

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