New Zealand Gazette – 2000 – No. 159

Page 4081

✨ Financial Statements

28 NOVEMBER NEW ZEALAND GAZETTE 4081

8 Deferred Income

                                                          $Thousands
                                                      2000      1999

Balance as at 1 July 4,908 5,564
Less amount amortised to earnings (4,891) (656)

                                                         17     4,908

Deferred income represents contributions from customers as explained in Note 1(d)(v).

9 Capital Commitments

Amounts committed but not recorded in these financial statements total $0.9 million (1999 $1.3 million).

                                                          $ Thousands
                                                      2000      1999

Operating Lease Commitments
Non cancellable operating lease rentals are payable as follows:
Not later than one year 276 584
Between one and two years 220 530
Between two and five years 298 415
Later than five years 159 102

                                                        953     1,631

10 Contingent Liabilities

There are no contingent liabilities, which would have a material adverse affect on the financial statements.

VUW Te Waharoa — NZ Gazette 2000, No 159

Gazette.govt.nz — NZ Gazette 2000, No 159

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✨ LLM interpretation of page content

💰 Deferred Income Summary

Domain💰 Finance & Revenue
KeywordsDeferred Income, Financial Statements, Amortisation

💰 Capital Commitments

Domain💰 Finance & Revenue
KeywordsCapital Commitments, Financial Statements, Operating Leases

💰 Contingent Liabilities

Domain💰 Finance & Revenue
KeywordsContingent Liabilities, Financial Statements

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