New Zealand Gazette – 2002 – No. 118

Page 3169

✨ Financial Statements



26 AUGUST NEW ZEALAND GAZETTE 3169

WEL NETWORKS LIMITED

| | 2002
($000s) | 2001
($000s) |
|---------------------------------------|---------------|---------------|

Operating Expenditure (continued)

Donations | - | - |
Directors’ Fees | 215 | 213 |
Other payments to directors | - | - |
Audit Fees | | |

  • Audit Fees to principal auditors | 20 | 20 |
  • Audit Fees to other auditors | - | - |
  • Other Fees paid to principal & other auditors | 37 | 44 |
    Total | 57 | 64 |

Net loss on sale of fixed assets | 45 | 62 |
Cost of offering credit | - | - |
Bad Debts | 4 | 1 |
Movement in provision for doubtful debts | - | - |
Total | 4 | 1 |

Local Authority rates | 42 | 42 |
AC Loss-rental expense | - | - |
Rebates to customers due to ownership | - | - |
Subvention payments | - | - |
Unusual expenses | - | - |
Other expenditure | 781 | 794 |

Total expenditure | 27,260 | 28,152 |

3 Interest

Interest expense on borrowings | 1 | 3 |
Finance charges relating to finance leases | - | - |
Other interest expenses | - | - |

Total | 1 | 3 |



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2002, No 118


Gazette.govt.nz — PDF NZ Gazette 2002, No 118




✨ LLM interpretation of page content

🏭 WEL Networks Limited Notes to the Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
Operating Expenditure, Donations, Directors’ Fees, Audit Fees, Net loss on sale of fixed assets, Bad Debts, Local Authority rates, Interest expense on borrowings