✨ Financial Statements
15 DECEMBER 2004 NEW ZEALAND GAZETTE, No. 165 4085
Network Tasman Limited
Line Business Financial Statements
Notes to and forming part of the financial statements
For the year ended 31 March 2004
| 2004 | |
|---|---|
| $000 |
| 2003 | |
|---|---|
| $000 |
12. Provisions
Current
Employee entitlements 113 208
Sundry provisions 85 111
Total current provisions 198 319
Non-current
Employee entitlements 157 128
Sundry provisions 0 15
Total non-current provisions 157 143
Provision for employee entitlements
Balance at beginning of year 336 352
Additional provisions made 105 183
Amount utilised (152) (175)
Provision reversed (19) (24)
Balance at end of year 270 336
The provision for employee entitlements relates to employee benefits such as accrued annual leave and long service leave.
Sundry provisions
Balance at beginning of year 126 169
Additional provisions made 0 86
Amount utilised (0) (2)
Provision reversed (41) (127)
Balance at end of year 85 126
Sundry provisions relate to line charge discounts and allowances for revenue wash-ups.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2004, No 165
Gazette.govt.nz —
NZ Gazette 2004, No 165
✨ LLM interpretation of page content
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Network Tasman Limited Line Business Financial Statements
(continued from previous page)
💰 Finance & Revenue1 December 2004
Financial Statements, Provisions, Employee Entitlements, Sundry Provisions