New Zealand Gazette – 2000 – No. 96

Page 2404

✨ Financial Statements



2404 NEW ZEALAND GAZETTE No. 96

notes to and forming part of the financial statements

CentralPower Limited

2. Operating Surplus Before Taxation for the Year (continued)

2000 1999
$000's $000's
(f) Depreciation on:
(i) System fixed assets: 4,545 4,444
(ii) Other assets not listed in (i): 839 920
(iii) Total depreciation 5,384 5,364
(g) Amortisation of:
(i) Goodwill: 0 0
(ii) Other intangibles: 0
(iii) Total amortisation of intangibles 0 0
(h) Corporate and administration: 1,060 982
(i) Human resource expenses: 344 298
(j) Marketing/advertising: 18 21
(k) Merger and acquisition expenses: 201 0
(l) Takeover defence expenses: 0 0
(m) Research and development expenses: 0 0
(n) Consultancy and legal expenses: 445 399
(o) Donations: 0 0
(p) Directors’ fees: 156
(q) Auditors’ fees:
(i) Audit fees paid to principal auditors: 78
(ii) Audit fees paid to other auditors: 0
(iii) Fees paid for other services provided by principal and other auditors: 145
(iv) Total auditors’ fees: 223
(r) Costs of offering credit:
(i) Bad debts written off: (8)
(ii) Increase in estimated doubtful debts: 0
(iii) Total cost of offering credit: (8)
(s) Local authority rates expense: 22
(t) AC loss-rentals (distribution to retailers/customers) expense: 0
(u) Rebates to consumers due to ownership interest: 0
(v) Subvention payments: 0 0
(w) Unusual expenses: 0
(x) Other expenditure not listed in (a) to (w) 19 268
Total operating expenditure 24,495 23,179
Operating surplus before interest and income tax 15,544 15,042

Interest expense

2000 1999
$000's $000's
(a) Interest expense on borrowings: 0
(b) Financing charges related to finance leases: 0
(c) Other interest expense: 2,770 2,556
(d) Total interest expense 2,770 2,556


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2000, No 96


Gazette.govt.nz — PDF NZ Gazette 2000, No 96




✨ LLM interpretation of page content

🏭 Operating Surplus Before Taxation for the Year (continued from previous page)

🏭 Trade, Customs & Industry
Operating Revenue, Expenditure, Financial Performance, CentralPower Limited