Financial Statements




12 AUGUST

NEW ZEALAND GAZETTE

2679

2002
$000
2001
$000

12 Operating expenditure cont...

(j.) Marketing/Advertising | 349 | 380
(k.) Merger and acquisition expenses | - | -
(l.) Takeover defence expenses | - | -
(m.) Research and development expenses| - | -
(n.) Consultancy and legal expenses | 97 | 178
(o.) Donations | 4 | 27
(p.) Directors’ Fees | 150 | 130
(q.) Auditor’ Fees | |
    (i) Audit fees paid to principal auditors: | 26 | 26
    (ii) Audit fees paid to other auditors: | - | -
    (iii) Fees paid for other services provided by principal and other auditors: | 29 | 14
    (iv) Total auditors’ fees: | 55 | 40
(r.) Cost of offering credit - |
    (i) Bad debts written off: | 59 | 2
    (ii) Increase in estimated doubtful debts: | - | -
    (iii) Total cost of offering credit: | 59 | 2
(s.) Local authority rates expense | 10 | 5
(t.) AC loss-rental rebates (distribution to retailers/customers) expense | - | -
(u.) Rebates to consumers due to ownership interest | - | -
(v.) Subvention payments | - | -
(w.) Unusual expenses | - | -
(x.) Other expenditure not listed in (a) to (w) | 54 | 49

  1. Total operating expenditure | 11,552 | 11,098

  2. Operating surplus before interest and income tax | 2,635 | 1,801

  3. Interest expense

(a.) Interest expense on borrowings | 639 | 772
(b.) Financing charges related to finance leases | - | -
(c.) Other interest expense not listed in (a) or (b) | - | -
(d.) Total interest expense | 639 | 772

  1. Operating surplus before income tax | 1,996 | 1,029

  2. Income tax | - | -

  3. Net surplus after tax | 1,996 | 1,029



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2002, No 97


Gazette.govt.nz PDF NZ Gazette 2002, No 97





✨ LLM interpretation of page content

💰 Financial Information Disclosure for Electricity Sector (continued from previous page)

💰 Finance & Revenue
Financial Statements, Electricity Sector, Operating Expenditure, Operating Surplus, Interest Expense, Income Tax, Net Surplus