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New Zealand Gazette – 2002 – No. 88

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✨ Financial Statements

30 JULY

NEW ZEALAND GAZETTE

2347

WAIPA NETWORKS LIMITED - LINES BUSINESS

i) Employee entitlements

Provision is made in respect of the Line Businesses liability for annual leave, long service leave and retirement gratuities. Where the qualifying criteria has been met these have been calculated on an actual entitlement basis at current rates of pay. Further provision has been made for long service and retirement gratuities where the qualifying criteria has not yet been met, bringing to account what is likely to be payable in the future in respect of service that employees have accumulated up until the 31 March 2002

CHANGES IN ACCOUNTING POLICIES

There have been no changes in accounting policies. All policies have been consistently applied during the year.

2 NET SURPLUS BEFORE TAXATION

After Charging:	2002 $	2001 $
Direct Expenditure	1,448,878	1,387,316
Audit fees for these financial statements	5,302	6,690
Audit fees for Company financial statements	26,090	23,651
Directors' fees	97,696	91,601
Electricity Reform Costs	42,155	4,435
Other Indirect expenditure	922,402	960,340
Depreciation	1,271,755	1,268,068
Net Gain on Disposal of Assets	(12,128)	(9,644)
Interest Paid	796,000	796,000
After Crediting:
Interest Received	31,508	33,525

VUW Te Waharoa — NZ Gazette 2002, No 88

Gazette.govt.nz — NZ Gazette 2002, No 88

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✨ LLM interpretation of page content

🏭 Statement of Cash Flows for Waipa Networks Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated12 July 2002
KeywordsFinancial Statements, Cash Flows, Operating Activities, Investing Activities, Financing Activities, Waipa Networks Limited

🏭 Employee Entitlements and Accounting Policies for Waipa Networks Limited

Domain🏭 Trade, Customs & Industry
Dated30 July 2002
KeywordsEmployee Entitlements, Accounting Policies, Financial Statements, Waipa Networks Limited

🏭 Net Surplus Before Taxation for Waipa Networks Limited

Domain🏭 Trade, Customs & Industry
Dated30 July 2002
KeywordsFinancial Statements, Net Surplus, Taxation, Waipa Networks Limited

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