New Zealand Gazette – 2004 – No. 165

Page 4091

✨ Financial Statements Continuation



15 DECEMBER 2004
NEW ZEALAND GAZETTE, No. 165
4091

Network Tasman Limited
Line Business Financial Statements

Notes to and forming part of the financial statements
For the year ended 31 March 2004

2004 2003
$000 $000
14. Operating surplus before interest and income tax 8,944 8,532
15. Interest expense
(a) Interest expense on borrowings 0 0
(b) Financing charges related to finance leases 0 0
(c) Other interest expense not listed in (a) or (b) 8 15
(d) Total interest expense 8 15
16. Operating surplus before income tax 8,936 8,517
17. Income tax 2,581 2,431
18. Net surplus after tax 6,355 6,086
19. Annual valuation reconciliation report
System fixed assets at ODV - end of the previous financial year 73,721 71,654
Add system fixed assets acquired during the year at ODV 9,462 4,846
Less system fixed assets disposed of during the year at ODV 0 0
Less depreciation on system fixed assets at ODV (2,947) (2,779)
Add revaluations of system fixed assets 27,855 0
System fixed assets at ODV - end of the financial year 108,091 73,721


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2004, No 165


Gazette.govt.nz — PDF NZ Gazette 2004, No 165




✨ LLM interpretation of page content

💰 Network Tasman Limited Line Business Financial Statements (continued from previous page)

💰 Finance & Revenue
1 December 2004
Financial Statements, Operating Surplus, Interest Expense, Income Tax, Net Surplus, Valuation Reconciliation, System Fixed Assets, ODV, Depreciation, Revaluations