✨ Financial Statements




NEW ZEALAND GAZETTE

No. 143

NETWORK TASMAN LIMITED

LINE BUSINESS FINANCIAL STATEMENTS

STATEMENT OF FINANCIAL PERFORMANCE

FOR THE YEAR ENDING 31 MARCH 1999

| Line Business | Note | 1999
| | | $000 | 1998
| | | $000 |
|---------------------|------|------|-----------|
| TOTAL REVENUE | 2 | 25,808 | 24,300 |
| | | | |
| EARNINGS BEFORE | | | |
| INTEREST & TAXATION | | 7,164 | 2,568 |
| | | | |
| Loan interest | 3 | | 146 |
| | | | |
| SURPLUS BEFORE | | 7,161 | 2,422 |
| TAXATION | | | |
| Provision for | 5.12 | 3,044 | (130) |
| taxation | | | |
| | | | |
| SURPLUS AFTER | | 4,117 | 2,552 |
| TAXATION | | | |
| Retained earnings at| | 16,003| 13,651 |
| beginning of year | | | |
| | | | |
| Total available for | | 20,120| 16,203 |
| appropriation | | | |
| Dividends paid | 6 | (250) | (200) |
| | | | |
| RETAINED EARNINGS | | 19,870| 16,003 |
| AT END OF YEAR | | | |



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