New Zealand Gazette – 1993 – No. 94

Page 1789

✨ Financial Statements

29 JUNE NEW ZEALAND GAZETTE 1789

TELECOM SOUTH LIMITED

STATEMENT OF EARNINGS

FOR THE YEARS ENDED 31 MARCH

Notes	1993 $000's	1992 $000's
Operating revenues	445,686	449,827
Operating expenses	2
Abnormal redundancy and restructuring costs	(82,704)	(12,615)
Other	(300,533)	(317,450)
Total operating expenses	(383,237)	(330,065)
Earnings from operations	62,449	119,762
Investment income	3	2,269
Interest expense	3	(35,285)
Earnings before income tax	29,433	90,381
Income tax	4	(11,021)
Net earnings	18,412	60,526

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

🏭 Statement of Earnings for Telecom South Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Statements, Earnings, Operating Revenues, Operating Expenses, Net Earnings

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