✨ Line Business Operating Statement




NEW ZEALAND GAZETTE

No. 71

LINE BUSINESS

OPERATING STATEMENT

FOR YEAR ENDED 31 MARCH, 1997

1997 1996
Revenue
Line Charges 9,777,589 9,759,415
Interest 198,522 238,022
Other Income 147,091 61,945
Total Revenue 10,123,202 10,059,382

| Expenses | | |
| Administration | 573,761 | 436,457 |
| Advertising | 60,128 | 79,880 |
| Audit Fees | 37,377 | 26,617 |
| Bad Debts | 22,138 | 597 |
| Contractors/Materials | 1,575,335 | 1,214,438 |
| Depreciation | 153,561 | 117,680 |
| Directors Fees | 89,172 | 91,457 |
| Motor Vehicles | 16,855 | 5,772 |
| Occupancy Charges | 44,839 | 66,330 |
| Staff Expenses | 739,515 | 597,133 |
| Transmission Charges | 3,632,002 | 4,104,144 |
| Total Operating Expenses | 6,944,683 | 6,740,505 |

| | | |
| Earnings before Interest and Tax | 3,178,519 | 3,318,877 |
| Interest | 203,238 | 427,233 |
| Net Profit before Tax | 2,975,281 | 2,891,644 |
| Taxation @ 33% | 981,843 | 954,243 |
| Net Profit after Tax | 1,993,438 | 1,937,401 |
| Dividend | 1,250,000 | 1,000,000 |
| Retained Earnings | $743,438 | $937,401 |



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✨ LLM interpretation of page content

🏭 Line Business Operating Statement for Year Ended 31 March 1997

🏭 Trade, Customs & Industry
Revenue, Expenses, Financial Statement, Line Charges, Net Profit, Taxation