New Zealand Gazette – 2005 – No. 129

Page 3144

✨ Financial Statements



Expenditure (Schedule 1, Part 2)

2005 2004
(n) Corporate and administration:
(i) Human resource expenses: 441,122 356,380
Marketing/advertising: 86,554 74,578
172,896 168,591
(k) Merger and acquisition expenses:
(l) Takeover defence expenses:
(m) Research and development expenses:
(n) Consultancy and legal expenses: 197,389 212,311
(o) Donations:
(p) Directors’ fees: 155,967 141,420
(d) Auditors’ fees:
(i) Audit fees paid to principal auditors: 35,333 40,208
(ii) Audit fees paid to other auditors:
(iii) Fees paid for other services provided by principal and other auditors: 30,530 37,931
(iv) Total auditors’ fees: 65,863 78,139
(r) Costs of offering credit:
(i) Bad debts written off:
(ii) Increase in estimated doubtful debts:
(iii) Total cost of offering credit:
(s) Local authority rates expense:
(t) AC loss-rentals (distribution to retailers/customers) expense:
(u) Rebates to consumers due to ownership interest:
(v) Subvention payments:
(w) Unusual expenses:
(x) Other expenditure not listed in (a) to (w) 160,803 100,592
13 Total operating expenditure 17,496,313 15,073,693
2005 2004
14 Operating surplus before interest and income tax 4,455,515 5,284,939

| 15 Interest expense | | |
| (a) Interest expense on borrowings | 664,892 | 630,428 |
| (b) Financing charges related to finance leases | | |
| (c) Other interest expense | | |
| (d) Total interest expense | 664,892 | |

| 16 Operating surplus before income tax | | 4,654,511 |

| 17 Income tax | 1,889,642 | 6,495,000 |

| 18 Net surplus/(deficit) after tax | 1,900,981 | (1,840,489) |



Next Page →



Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2005, No 129


Gazette.govt.nz — PDF NZ Gazette 2005, No 129




✨ LLM interpretation of page content

🏭 Statement of Financial Position Disclosure for Top Energy Limited (continued from previous page)

🏭 Trade, Customs & Industry
Financial statements, Operating revenue, Expenditure, Assets, Liabilities, Equity, Top Energy Limited