New Zealand Gazette – 2002 – No. 69

Page 1864

✨ Financial Statements



NEW ZEALAND GAZETTE

No. 69

Network Tasman Limited

Line Business Financial Statements

Notes to and forming part of the financial statements

For the year ended 31 March 2002

2002 2001
$000 $000

  1. Operating surplus before interest and income tax | 7,983 | 7,361 |

  2. Interest expense
    (a) Interest expense on borrowings | 0 | 0 |
    (b) Financing charges related to finance leases | 0 | 0 |
    (c) Other interest expense not listed in (a) or (b) | 13 | 19 |
    (d) Total interest expense listed in (a) or (b) | 13 | 19 |

  3. Operating surplus before income tax | 7,970 | 7,342 |

  4. Income tax | 2,503 | 2,480 |

  5. Net surplus after tax | 5,467 | 4,862 |

  6. Annual valuation reconciliation report

System fixed assets at ODV – end of the previous financial year | 70,418 | 86,988 |

Add system fixed assets acquired during the year at ODV | 3,788 | 2,722 |

Less system fixed assets disposed of during the year at ODV | 0 | 0 |

Less depreciation on system fixed assets at ODV | (2,552) | (2,552) |

Add revaluations of system fixed assets | 0 | (16,730)|

System fixed assets at ODV – end of the financial year | 71,654 | 70,418 |



Next Page →



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 Surplus, Interest Expense, Income Tax, Net Surplus, Annual Valuation, System Fixed Assets, Depreciation, Revaluations