New Zealand Gazette – 2003 – No. 110

Page 2904

✨ Financial Statements

2904 NEW ZEALAND GAZETTE No. 110

2. Earnings before interest and taxation

Revenue

	2003	2002
	$'000	$'000
Invoiced to consumers by electricity retailers	20,143	19,395
Line/access charges	20,143	19,395
AC loss-rental	686	1,383
Interest	21	38
Other	405	322
Total Revenue	$21,255	$21,138

After Charging

	2003	2002
	$'000	$'000
Audit fees	28	26
Other accountancy services	37	29
Bad Debts	18	59
Change in provision for doubtful debts	(20)	-
Depreciation	1,013	926
Directors fees	150	150
Interest fixed and other	950	639
Loss on sale of property, plant & equipment	(12)	10
Rental and lease costs	30	28

Customer sales discount

A total of $6.95 million plus GST was credited to customers during the year to 31 March 2003 ($6.95 million plus GST during the year ended 31 March 2002).

VUW Te Waharoa — NZ Gazette 2003, No 110

Gazette.govt.nz — NZ Gazette 2003, No 110

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

💰 Electra Limited Financial Statement (continued from previous page)

Domain💰 Finance & Revenue
Dated25 July 2003
KeywordsRevenue, Expenses, Depreciation, Interest, Accounting, Electra Limited

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