New Zealand Gazette – 2005 – No. 13

Page 297

✨ Financial Statements



18 JANUARY 2005

NEW ZEALAND GAZETTE, No. 13

297

(o) Donations: -

(p) Directors' fees: 1,449

(q) Auditors' fees:

(i) Audit fees paid to principal auditors: 117

(ii) Audit fees paid to other auditors: -

(iii) Fees paid for other services provided by principal and other auditors: 1,107

(iv) Total auditors' fees: 1,224

(r) Costs of offering credit:

(i) Bad debts written off: 59

(ii) Increase in estimated doubtful debts: -

(iii) Total cost of offering credit: 59

(s) Local authority rates expense: 24

(t) AC loss-rentals (distribution to retailers/customers) expense: 4,176

(u) Rebates to consumers due to ownership interest: -

(v) Subvention payments: -

(w) Unusual expenses: -

(x) Other expenditure not listed in (a) to (w): -

13 Total operating expenditure 132,223

14 Operating surplus before interest and income tax 99,267

15 Interest expense

(a) Interest expense on borrowings 34,036

(b) Financing charges related to finance leases -

(c) Other interest expense -

(d) Total interest expense 34,036

16 Operating surplus before income tax 65,231

17 Income tax 21,526

18 Net surplus after tax 43,705

Note 1 Employee salaries, wages and redundancies
This expense is an integral part of the disclosures above.



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2005, No 13


Gazette.govt.nz — PDF NZ Gazette 2005, No 13




✨ LLM interpretation of page content

🏭 Powerco Limited's Notes to the Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Operating Revenue, Operating Expenditure, Electricity Information Disclosure Regulations 2004