Financial Statements




NEW ZEALAND GAZETTE

No. 106

31 March 2001 | 31 March 2000
$'000 | $'000

  • (m) Research and development expenses: | 4 | 23

  • (n) Consultancy and legal expenses: | 60 | 154

  • (o) Donations: | - | -

  • (p) Directors’ fees: | 100 | 134

  • (q) Auditors’ fees:

    • (i) Audit fees paid to principal auditors: | 25 | 35
    • (ii) Audit fees paid to other auditors: | - | -
    • (iii) Fees paid for other services provided by principal and other auditors: | - | -

    Total Auditors’ fees: | 25 | 35

  • (r) Costs of offering credit:

    • (i) Bad debts written off: | 4 | 1
    • (ii) Increase in estimated doubtful debts: | - | -

    Total cost of offering credit: | 4 | 1

  • (s) Local authority rates expense: | 6 | 14

  • (t) AC loss-rentals (distribution to retailers/customers) expense: | - | -

  • (u) Rebates to consumers due to ownership interest: | - | -

  • (v) Subvention payments: | 72 | 71

  • (w) Unusual expenses: | - | -

  • (x) Other expenditure not listed in (a) to (w) | 213 | 438

Total operating expenditure | 17,729 | 17,783

Operating surplus before interest and income tax | 6,478 | 4,487

Interest expense

  • (a) Interest expense on borrowings | 280 | 763
  • (b) Financing charges related to finance leases | - | -
  • (c) Other interest expense | - | -

Total interest expense | 280 | 763

Operating surplus before income tax | 6,198 | 3,724

Income tax | 2,093 | 1,263

Net surplus after tax | 4,105 | 2,461n



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2001, No 106


Gazette.govt.nz PDF NZ Gazette 2001, No 106





✨ LLM interpretation of page content

🏭 Annual Valuation Reconciliation Report for Electricity Assets (continued from previous page)

🏭 Trade, Customs & Industry
Electricity, Financial Statements, Current Assets, Fixed Assets, Liabilities, Equity, Research and Development, Consultancy, Legal Expenses, Donations, Directors' Fees, Auditors' Fees, Credit Costs, Local Authority Rates, Subvention Payments, Interest Expense, Income Tax