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New Zealand Gazette – 1998 – No. 113

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✨ Line Business Operating Statement

NEW ZEALAND GAZETTE

No. 113

LINE BUSINESS

OPERATING STATEMENT

FOR YEAR ENDED 31 MARCH, 1998

	1998	1997
Revenue
Line Charges	10,563,738	9,777,589
Interest	186,875	198,522
Other Income	245,756	147,091
Total Revenue	10,996,369	10,123,202

	1998	1997
Expenses
Administration	513,725	573,761
Advertising	70,565	60,128
Audit Fees	31,467	37,377
Bad Debts	-	22,138
Contractors/Materials	1,243,403	1,575,335
Depreciation	151,233	153,561
Directors Fees	89,034	89,172
Motor Vehicles	17,082	16,855
Occupancy Charges	48,464	44,839
Repairs & Maintenance	25,975	-
Staff Expenses	708,923	739,515
Transmission Charges	3,373,635	3,632,002
Total Operating Expenses	6,273,506	6,944,683

	1998	1997
Earnings before Interest and Tax	4,722,863	3,178,519
Interest	187,738	203,238
Net Profit before Tax	4,535,125	2,975,281
Taxation @ 33%	1,496,591	981,843
Net Profit after Tax	3,038,534	1,993,438
Dividend	1,500,000	1,250,000
Retained Earnings	$1,538,534	$743,438

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VUW Te Waharoa — NZ Gazette 1998, No 113

NZLII — NZ Gazette 1998, No 113

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

🏭 Electricity Information Disclosure for Invercargill Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated17 June 1998
KeywordsElectricity, Financial Statements, Information Disclosure, Invercargill Limited, Audit

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