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New Zealand Gazette – 1993 – No. 94

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✨ Financial Statements

29 JUNE NEW ZEALAND GAZETTE 1779

TELECOM WELLINGTON LIMITED

NOTES TO THE FINANCIAL STATEMENTS

(CONTINUED)

5 ACCOUNTS RECEIVABLE AND PREPAID EXPENSES

	1993	1992
	$000's	$000's
Accounts receivable, net of allowance for doubtful accounts of $1.4 million (1992: $3.5 million)	16,470	24,990
Unbilled rentals and tolls	16,060	18,636
Due from fellow subsidiary companies	6,370	2,141
Due from parent company	18,562	11,744
Prepaid expenses and other	7,661	720
Total	65,123	58,231

6 SHORT TERM INVESTMENTS

	1993	1992
	$000's	$000's
Redeemable preference units	3,123	3,123

7 INVESTMENTS

	1993	1992
	$000's	$000's
Redeemable preference shares:
- Fellow subsidiary companies	183,660	215,520
- Other	10,600	10,600
Total	194,260	226,120

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VUW Te Waharoa — NZ Gazette 1993, No 94

NZLII — NZ Gazette 1993, No 94

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

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

Domain🏭 Trade, Customs & Industry
KeywordsTelecommunications, Financial Statements, Notes, Accounts Receivable, Prepaid Expenses, Short Term Investments, Investments

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