New Zealand Gazette – 2000 – No. 87

Page 2127

✨ Financial Statements



7 AUGUST NEW ZEALAND GAZETTE 2127

NETWORK TASMAN LIMITED
LINE BUSINESS FINANCIAL STATEMENTS

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2000

(o) Donations 2000 1999
$000 $000
(p) Directors' fees 124 74
(q) Auditors' fees:
(i) Audit fees paid to principal auditors 26 23
(ii) Audit fees paid to other auditors 0 0
(iii) Fees paid for other services provided by principal and other auditors 4 4
(iv) Total auditors' fees 30 27
(r) Costs of offering credit:
(i) Bad debts written off 9 35
(ii) Increase in estimated doubtful debts 4 (46)
(iii) Total cost of offering credit 13 (11)
(s) Local authority rates expense 4 4
(t) AC loss-rentals rebates expense 0 0
(u) Rebates to consumers due to ownership interest 0 0
(v) Subvention payments 0 0
(w) Unusual expenses 0 1,365
(x) Other expenditure not listed in (a) to (w) 188 117
13. Total operating expenditure 17,903 18,644

  1. Operating surplus before interest and income tax 5,710 7,164

  2. Interest expense
    (a) Interest expense on borrowings 0 3
    (b) Financing charges related to finance leases 0 0
    (c) Other interest expense 22 0
    (d) Total interest expense 22 3

  3. Operating surplus before income tax 5,688 7,161

  4. Income tax 1,808 3,044

  5. Net surplus after tax 3,880 4,117

  6. COMPARATIVE INFORMATION
    Certain comparative information in the financial statements has been reclassified in order to provide a more appropriate basis for comparison.



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2000, No 87


Gazette.govt.nz — PDF NZ Gazette 2000, No 87




✨ LLM interpretation of page content

🏭 Network Tasman Limited Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
Electricity, Financial Statements, Donations, Directors' Fees, Auditors' Fees, Credit Costs, Operating Expenditure, Operating Surplus, Interest Expense, Income Tax, Net Surplus, Comparative Information