New Zealand Gazette – 2001 – No. 112

Page 2901

✨ Financial Statements

31 AUGUST NEW ZEALAND GAZETTE 2901

2. Earnings before interest and taxation

Revenue

| | 2001
| $000 | 2000
| $000 |
|----------------|-------------|-------------|
| Invoiced to consumers by electricity retailers |
| Line/access charges | 18,766 | 18,340 |
| AC loss-rental | 984 | 308 |
| Interest | 94 | 129 |
| Other | 236 | 363 |
| Total Current Assets | $20,080 | $19,140 |

After Charging

| | 2001
| $000 | 2000
| $000 |
|----------------|-------------|-------------|
| Audit fees | 26 | 28 |
| Bad Debts | 2 | 42 |
| Change in provision for doubtful debts | - | - |
| Depreciation | 975 | 821 |
| Directors fees | 130 | 130 |
| Interest fixed and other | 772 | 753 |
| Loss on sale of property, plant & equipment | 18 | 37 |
| Rental and lease costs | 46 | 42 |

Customer sales discount

A total of $7.18 million plus GST was credited to customers during the year to 31 March 2001 ($7.24 million plus GST during the year ended 31 March 2000).

VUW Te Waharoa — NZ Gazette 2001, No 112

Gazette.govt.nz — NZ Gazette 2001, No 112

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✨ LLM interpretation of page content

💰 Statement of Accounting Policies (continued from previous page)

Domain💰 Finance & Revenue
KeywordsAccounting Policies, Financial Statements, Depreciation, Receivables, Income Tax, Leases, Cash Flows, Operating Activities, Changes in Accounting Policies

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