New Zealand Gazette – 2002 – No. 127

Page 3407

✨ Financial Statements



30 AUGUST NEW ZEALAND GAZETTE 3407

STATEMENT OF FINANCIAL PERFORMANCE (continued)

For the Year Ended 31 March 2002

Notes 2002 $'000 2001 $'000

Auditors' fees:

  • Audit fees paid to principal auditors 26 39
  • Audit fees paid to other auditors - -
  • Fees paid for other services provided by principal and other auditors 9 9

Total auditors' fees 35 48

Costs of offering credit:

  • Bad debts written off 26 34
  • Increase in estimated doubtful debts - -

Total cost of offering credit 26 34

  • Local authority rates expense 57 59
  • AC loss-rentals rebates expense - -
  • Discount to consumers 4,999 6,000
  • Subvention payments - -
  • Unusual expenses - -
  • Other expenditure 1,281 1,095

Total Operating Expenditure 16,114 16,428

Operating Surplus (Deficit) Before Interest and Income Tax (481) 3,658

Interest Expense

  • Interest expense on borrowings - -
  • Financing charges related to finance leases - -
  • Other interest expense 24 51

Total Interest Expense 24 51

Operating Surplus (Deficit) Before Income Tax (505) 3,607

Income Tax Expense (Benefit) (161) 1,219

Net Surplus (Deficit) After Tax (344) 2,388

STATEMENT OF MOVEMENTS IN EQUITY

For the Year Ended 31 March 2002

Notes 2002 $'000 2001 $'000

Equity At Beginning Of Year 23,364 21,648

  • Net Surplus (Deficit) For Year (344) 2,388
  • Less Dividend - (100)

Total Recognised Revenues And Expenses For The Period (344) 2,288

Removal Of Non Lines Assets (74) (572)

Equity At End Of Year 22,946 23,364



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2002, No 127


Gazette.govt.nz — PDF NZ Gazette 2002, No 127




✨ LLM interpretation of page content

🏭 Marlborough Lines Limited Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
Electricity, Financial Performance, Operating Revenue, Operating Expenditure, Marlborough Lines Limited