New Zealand Gazette – 2002 – No. 116

Page 3122

✨ Financial Statements



Expenditure (Schedule 1, Part 2)

2002 2001
(h) Corporate and administration: 310,898 256,997
(i) Human resource expenses: 119,973 79,933
(j) Marketing/advertising: 123,233 121,541
(k) Merger and acquisition expenses:
(l) Takeover defence expenses:
(m) Research and development expenses:
(n) Consultancy and legal expenses: 207,109 192,105
(o) Donations:
(p) Directors' fees: 118,032 110,859
(q) Auditors' fees:
(i) Audit fees paid to principal auditors: 28,080 26,265
(ii) Audit fees paid to other auditors:
(iii) Fees paid for other services provided by principal and other auditors: 14,464 27,102
(iv) Total auditors' fees: 42,544 53,367
(r) Costs of offering credit:
(i) Bad debts written off: 21,876 4,955
(ii) Increase in estimated doubtful debts: 0 0
(iii) Total cost of offering credit: 21,876 4,955
(s) Local authority rates expense:
(t) AC loss-rentals (distribution to retailers/customers) expense: 970,539 924,808
(u) Rebates to consumers due to ownership interest: 0 0
(v) Subvention payments: 0 0
(w) Unusual expenses: 0 0
(x) Other expenditure not listed in (a) to (w) 102,897 107,376
13 Total operating expenditure 12,015,567 12,582,396
14 Operating surplus before interest and income tax 6,949,792 5,757,216

| 15 Interest expense |
| (a) Interest expense on borrowings: | 587,944 | 738,496 |
| (b) Financing charges related to finance leases: | 0 | 0 |
| (c) Other interest expense: | 0 | 0 |
| (d) Total interest expense | 587,944 | 738,496 |

| 16 Operating surplus before income tax | 6,361,848 | 5,018,720 |
| 17 Income tax | 1,563,885 | 1,402,430 |
| 18 Net surplus after tax | 4,797,963 | 3,616,290 |



Next Page →



Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2002, No 116


Gazette.govt.nz — PDF NZ Gazette 2002, No 116




✨ LLM interpretation of page content

🏭 Statement of Financial Position Disclosure (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Expenditure, Revenue, Audit Fees, Interest Expense