New Zealand Gazette – 2002 – No. 88

Page 2356

✨ Financial Statements



NEW ZEALAND GAZETTE

No. 88

WAIPA NETWORKS LIMITED - LINES BUSINESS

2002 2001
$ $
(g) Amortisation of
(i) Goodwill - -
(ii) Other intangibles - -
(iii) Total amortisation of intangibles - -
(h) Corporate and administration 179,006 172,166
(i) Human resource expenses 44,505 49,240
(j) Marketing and advertising 83,526 80,649
(k) Merger and acquisition expenses - -
(l) Takeover defence expenses - -
(m) Research and development expenses - -
(n) Consultancy and legal expenses 55,028 103,628
(o) Donations - -
(p) Directors fees 97,696 91,601
(q) Audit fees
(i) Audit fees paid to principal auditors 31,392 30,341
(ii) Audit fees paid to other auditors - -
(iii) Fees paid for other services provided by auditors - -
(iv) Total auditors fees 31,392 30,341
(r) Costs of offering credit
(i) Bad debts written off - -
(ii) Increase in estimated doubtful debts - -
(iii) Total costs of offering credit - -
(s) Local authority rates 3,970 3,859
(t) AC loss rental (distribution of) expense - -
(u) Rebates to customers due to ownership interest - -
(v) Subvention payments - -
(w) Unusual expenses - -
(x) Other expenditure not listed in (a) to (w) 182,156 136,954

13 Total operating expenditure | 7,193,966 | 7,142,523 |

14 Operating surplus before interest and income tax | 1,796,829 | 4,248,819 |

15 Interest |
| (a) Interest expense on borrowings | 796,000 | 796,000 |
| (b) Financing charges related to finance leases | - | - |
| (c) Other interest expense | - | - |
| (d) Total interest expense | 796,000 | 796,000 |

16 Operating surplus before income tax | 1,000,829 | 3,452,819 |

17 Income Tax | 316,199 | 1,151,348 |

18 Net surplus after tax | 684,630 | 2,301,471 |



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2002, No 88


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




✨ LLM interpretation of page content

🏭 Financial Statements of Waipa Networks Limited (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Segmental Reporting, Related Parties, Construction Services, Maintenance, Loan, Dividend, Share Repurchase, Waipa Networks Limited