β¨ 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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β¨ LLM interpretation of page content
π Line Business Operating Statement for Year Ended 31 March 1997
π Trade, Customs & IndustryRevenue, Expenses, Financial Statement, Line Charges, Net Profit, Taxation
NZ Gazette 1997, No 71