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New Zealand Gazette – 1998 – No. 142

Page 3449

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✨ Financial Statements

11 SEPTEMBER NEW ZEALAND GAZETTE 3449

Wairarapa Electricity Limited and Subsidiary Companies

Notes to the Financial Statements

3) Operating Surplus before Taxation

Included in operating surplus before taxation are the following items:

| | Line Business
1998
$000's | Energy and Other Business
1998
$000's | Line Business
1997
$000's | Energy and Other Business
1997
$000's |
|---|---|---|---|---|

Revenue

Interest Received | - | 104 | - | 44

Expenses

Directors' Fees | - | - | 24 | 25

Audit Fees | 34 | 34 | 19 | 6

Interest on Borrowings | - | 240 | - | 477

Bad Debts Written Off | - | - | 79 | 79

Change in Provision for Doubtful Debts | 71 | 72 | 12 | 13

Depreciation | 93 | 680 | 106 | 526

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VUW Te Waharoa — NZ Gazette 1998, No 142

NZLII — NZ Gazette 1998, No 142

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

🏭 Wairarapa Electricity Limited Financial Statements (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsElectricity, Financial Statements, Disclosure, Wairarapa

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