β¨ Financial Statement
2664 NEW ZEALAND GAZETTE No. 112
THE LINES COMPANY LIMITED
(formerly Waitomo Energy Services Limited)
Line Business Activity
Statement of Financial Performance
For the Year Ended 31 March 1999
| Note | 1999 $000's | 1998 $000's | |
|---|---|---|---|
| Income | |||
| Line/Access Charges: | |||
| Invoiced by Lines Business | 8,886 | 9,499 | |
| Transmission costs | (2,250) | (2,179) | |
| Line Losses | 0 | (662) | |
| AC rental Rebates | 18 | 0 | |
| 6,654 | 6,658 |
Expenditure
| Note | 1999 $000's | 1998 $000's | |
|---|---|---|---|
| Transfer Payments: | 2 | ||
| Payment by Line Business to "Other" | 1,815 | 1,752 | |
| Expense to non-related entities | 226 | ||
| Employee salaries/redundancies | 101 | ||
| Customer Billing and Information System | 10 | ||
| Depreciation | 192 | ||
| Corporate & Administration | 457 | 838 | |
| Fixed Asset Expenses | 24 | ||
| Human Resource | 6 | ||
| Marketing & Advertising | 91 | ||
| Consultancy & legal expenses | 1 | ||
| Other | 122 | 435 | |
| Total Expenditure | 3,045 | 3,025 |
| Earnings before Interest & Tax | | 3,609 | 3,633 |
| Interest Expense | | 188 | 203 |
| Tax Expense | 3 | 879 | 919 |
| Net Profit after Tax | | 2,542 | 2,511 |
| Customer Discount | 4 | 1,719 | 1,122 |
| Net Profit Retained for the Year | | 823 | 1,389 |
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VUW Te Waharoa —
NZ Gazette 1999, No 112
NZLII —
NZ Gazette 1999, No 112
β¨ LLM interpretation of page content
π Statement of Financial Performance for The Lines Company Limited
π Trade, Customs & IndustryFinancial Performance, Line Business Activity, Income, Expenditure, Net Profit