β¨ Operating Statement
NEW ZEALAND GAZETTE
No. 98
LINE BUSINESS
OPERATING STATEMENT
FOR YEAR ENDED 31 MARCH, 1999
| 1999 | 1998 | |
|---|---|---|
| Revenue | ||
| Line Charges | 10,093,274 | 10,563,738 |
| Interest | 279,925 | 186,875 |
| Other Income | 89,602 | 245,756 |
| Total Revenue | 10,462,801 | 10,996,369 |
| Expenses | | |
| Administration | 311,336 | 513,725 |
| Advertising | 45,808 | 70,565 |
| Audit Fees | 28,485 | 31,467 |
| Bad Debts | 1,071 | - |
| Consultants Fees | 112,607 | - |
| Contractors/Materials | 732,337 | 1,243,403 |
| Depreciation | 1,475,428 | 151,233 |
| Directors Fees | 91,559 | 89,034 |
| Legal Expenses | 28,583 | - |
| Motor Vehicles | 19,785 | 17,082 |
| Occupancy Charges | 41,849 | 48,464 |
| Repairs & Maintenance | 107,583 | 25,975 |
| Staff Expenses | 769,350 | 708,923 |
| Transmission Charges | 3,344,979 | 3,373,635 |
| Total Operating Expenses | 7,110,760 | 6,273,506 |
| Earnings before Interest and Tax | 3,352,041 | 4,722,863 |
| Interest | 45,063 | 187,738 |
| Net Profit before Tax | 3,306,978 | 4,535,125 |
| Taxation @ 33% | 1,091,303 | 1,496,591 |
| Net Profit after Tax | 2,215,675 | 3,038,534 |
| Dividend | 1,750,000 | 1,500,000 |
| Retained Earnings | $ 465,675 | $ 1,538,534 |
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VUW Te Waharoa —
NZ Gazette 1999, No 98
NZLII —
NZ Gazette 1999, No 98
β¨ LLM interpretation of page content
π Operating Statement for Line Business
π Trade, Customs & IndustryFinancial Statements, Revenue, Expenses, Net Profit, Taxation, Dividend