✨ Financial Statements




NEW ZEALAND GAZETTE

No. 113

CONTRACTING BUSINESS

OPERATING STATEMENT

FOR YEAR ENDED 31 MARCH, 1998

1998 1997
Revenue
Contracting 587,099 697,437
Other Income 895 6,955
Total Revenue 587,994 704,392

1998 1997
Expenses
Administration 6,576 15,170
Advertising 1,726 2,703
Audit Fees 498 811
Bad Debts - 1,572
Sub-contractors/Materials 264,443 423,833
Depreciation 6,625 10,367
Directors Fees 1,441 2,190
Motor Vehicles 586 803
Occupancy Charges 1,598 2,248
Repairs & Maintenance 700 -
Staff Expenses 17,591 21,897
Total Operating Expenses 301,784 481,594

1998 1997
Earnings before Interest and Tax 286,210 222,798
Interest - 5,583
Net Profit before Tax 286,210 217,215
Taxation @ 33% 94,449 71,681
Net Profit after Tax $ 191,761 $ 145,534
Retained Earnings $ 191,761 $ 145,534


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

🏭 Trade, Customs & Industry
17 June 1998
Electricity, Financial Statements, Information Disclosure, Invercargill Limited, Audit