✨ Financial Statements
29 AUGUST
NEW ZEALAND GAZETTE
3315
UNISON NETWORKS - LINES BUSINESS
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2003
5 SURPLUS BEFORE TAXATION
Operating Revenue
Interest revenue 213 529
Recovery of debt previously written off as bad 40 5
Dividends - -
Gain on sale of assets 18 66
All other revenue 52,645 33,794
52,916 34,394
Depreciation:
Electrical Distribution System 6,493 4,640
Freehold Buildings 162 89
Motor Vehicles 146 123
Plant and Equipment 157 110
Office Furniture and Equipment 100 61
Information Technology 543 535
Total Depreciation 7,601 5,558
Operating Expenses
Audit New Zealand - audit services 35 20
Audit New Zealand - disclosure accounts 6 3
Remuneration paid to directors 130 140
Bad debts written off 145 40
Operating lease payments 7 -
Change in provision for doubtful debts 4 11
Loss on sale of assets 16 8
All other expenses 27,707 20,129
28,050 20,351
Non Operating (Benefits) Costs:
Investment (recovery) write-down (23) 38
Stock obsolescence - -
Costs associated with asset acquisition 2,457 -
Miscellaneous (2) 2
2,432 40
Other Costs
Amortisation 1,844 -
Discounts 3,461 7,670
Interest 5,859 60
11,164 7,730
Surplus Before Taxation 3,669 715
6 SHARE CAPITAL
Number of Ordinary Fully Paid Shares on Issue
2003 2002
$000 $000
Issued and Paid up Value 66,661 66,661
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 122
Gazette.govt.nz —
NZ Gazette 2003, No 122
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Unison Networks Limited Financial Statements Notes
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🏭 Trade, Customs & IndustryFinancial Statements, Operating Revenue, Depreciation, Operating Expenses, Surplus Before Taxation, Share Capital