New Zealand Gazette – 1996 – No. 81

Page 2140

✨ Financial Statement

2140 NEW ZEALAND GAZETTE No. 81

LINE BUSINESS OPERATING STATEMENT
FOR YEAR ENDED 31 MARCH, 1996

Note 1996 1995

Revenue
Use/Transmission Charges 5,655,271 6,440,950
Contracting 337,472 312,724
Interest 238,022 161,209
Other Income 57,644 65,655
6,288,409 6,980,538
======= =======

Expenses
Administration 445,385 676,822
Advertising 80,830 75,098
Audit Fees 27,091 32,950
Bad Debts 625 5,427
Contractors 1,419,858 864,917
Depreciation 123,329 -
Directors Fees 93,050 93,197
Materials Used - 69,154
Motor Vehicles 5,865 6,150
Occupancy Charges 68,960 113,868
Repairs & Maintenance 15,199 13,619
Staff Expenses 608,766 1,094,930
2,888,958 3,046,132
======= =======

Earnings before Interest and Tax 3,399,451 3,934,406

Interest 427,233 556,766

Net Profit before Tax 2,972,218 3,377,640

Taxation @ 33% 2 980,832 1,114,621

Net Profit after Tax 1,991,386 2,263,019

Dividend 11 1,000,000 900,000

Retained Earnings $ 991,386 $ 1,363,019
======= =======

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VUW Te Waharoa — NZ Gazette 1996, No 81

NZLII — NZ Gazette 1996, No 81

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✨ LLM interpretation of page content

🏭 Line Business Operating Statement for Year Ended 31 March 1996

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Statement, Revenue, Expenses, Net Profit, Dividend, Retained Earnings

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