New Zealand Gazette – 2002 – No. 69

Page 1855

✨ Financial Statements



24 JUNE NEW ZEALAND GAZETTE 1855

Network Tasman Limited
Line Business Financial Statements

Notes to and forming part of the financial statements
For the year ended 31 March 2002

  1. Operating revenue

Operating revenue comprises:
Line revenue (net of discounts) 19,549 22,995
Interest income 624 714
Other revenue 3,097 3,490
Total operating revenue 23,270 27,199

  1. Continuing & discontinued operations

Continuing operations
Operating revenue 23,270 27,199
Net surplus 5,467 4,862

Discontinued operations
Operating revenue 0 0
Net surplus 0 0

Totals
Operating revenue 23,270 27,199
Net surplus 5,467 4,862

  1. Operating expenses

Operating expenses include:
Audit fees 26 27
Bad debts written off 1 9

Depreciation of property, plant & equipment
Freehold buildings 0 6
Primary distribution assets 86 63
Secondary distribution assets 2,079 1,893
Substation assets 196 261
Load control plant 122 94
Streetlights 4 13
Consumer connections 65 23
Plant and equipment 121 125
Computer equipment 257 153
Motor vehicles 11 10
Total depreciation of property, plant & equipment 2,941 2,641

Directors' fees 129 124
Donations 1 1
Change in provision for doubtful debts 2 (4)
Interest expense 13 19
Loss on sale of fixed assets 2 63
Other remuneration paid to auditor 0 0
Rental and operating lease costs 238 164



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2002, No 69


Gazette.govt.nz — PDF NZ Gazette 2002, No 69




✨ LLM interpretation of page content

🏭 Network Tasman Limited Line Business Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Network Tasman Limited, Operating Revenue, Continuing Operations, Discontinued Operations, Operating Expenses, Depreciation, Audit Fees, Directors' Fees