New Zealand Gazette – 2004 – No. 155

Page 3829

✨ Financial Statements



29 NOVEMBER 2004 NEW ZEALAND GAZETTE, No. 155 3829

2.4 NOTES TO THE FINANCIAL STATEMENTS

1 Revenue includes

Interest income - -

2 Expenditure includes

Audit fees – KPMG 20 20
Interest expense 17,984 11,149
Depreciation 8,136 2,142
Bad debts written off 2 124
Increase in doubtful debts provision 8 -
Rental and operating lease costs 93 33
Amortisation of goodwill 7,949 4,430

3 Taxation

Current period taxation charge

Net profit/(loss) before taxation (5,256) (586)

Taxation at 33% (1,734) (193)
Tax on permanent differences at 33% 2,644 1,355
Prior period adjustment 158 -
Taxation expense 1,068 1,162

The taxation expense is represented by:

Current tax 11,879 1,162
Deferred taxation (10,811) 14,378
Adjustment to revaluation reserve - (14,378)

Total 1,068 1,162

4 Accounts receivable As at 30
June 2004 As at 30
($000) June 2003
($000)

Trade receivables 958 804
Prepayments 75 71

Balance at end of the period 1,033 875



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2004, No 155


Gazette.govt.nz — PDF NZ Gazette 2004, No 155




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🏭 Vector Limited Gas Information Disclosure (continued from previous page)

🏭 Trade, Customs & Industry
17 November 2004
Financial Statements, Balance Sheet, Assets, Liabilities, Equity, Accounting Policies