✨ Financial Statements
THE LINES COMPANY LIMITED - LINE BUSINESS ACTIVITY
| | 2005
$000's | 2004
$000's |
|------------------------|-------------------------------|
| (g) Amortisation of: | |
| (i) Goodwill | - | 
|
| (ii) Other Intangibles | - | |
| (iii) Total amortisation of intangibles | - | |
| (h) Corporate & Administration | 141 | 122 |
| (i) Human Resource | 23 | 22 |
| (j) Marketing & Advertising | 21 | 20 |
| (k) Merger and acquisition expenses | - | - |
| (l) Takeover defence expenses | - | - |
| (m) Research and development expenses | - | - |
| (n) Consultancy & legal expenses | 6 | 6 |
| (o) Donations | - | - |
| (p) Directors' fees | 148 | 129 |
| (q) Auditors' fees | | |
| (i) Audit fees paid to principal auditors | 37 | 22 |
| (ii) Audit fees paid to other auditors | - | - |
| (iii) Fees paid for other services provided by auditors | - |
| (iv) Total auditors' fees | 37 | 22 |
| (r) Cost of offering credit | | |
| (i) Bad Debts written off | - | 16 |
| (ii) Increase in estimated doubtful debts | 10 | - |
| (iii) Total cost of offering credit | 10 | 16 |
| (s) Local Authority rates expense | 96 | 106 |
| (t) AC loss-rentals (distribution to customers) expense | 198 | 153 |
| (u) Rebate to consumers due to ownership interest | - | - |
| (v) Subvention payments | - | - |
| (w) Unusual expenses | - | - |
| (x) Other | 253 | 304 |
| 13 Total operating expenditure | 13,422 | 11,929 |
| 14 Operating surplus before interest and income tax | 7,030 | 7,582 |
| 15 Interest expense | | |
| (a) Interest Expense on Borrowings | 1,012 | 797 |
| (b) Financing Charges relating to Finance Leases | - | - |
| (c) Other Interest Expense | 1,007 | 937 |
| (d) Total Interest Expense | 2,019 | 1,734 |
| 16 Operating surplus before income tax | 5,011 | 5,848 |
| 17 Income tax | 400 | 280 |
| 18 Net surplus after tax | 4,611 | 5,568 |
| 19 Less Discount | 3,800 | 5,000 |
| 20 Net Surplus After Discount | 811 | 568 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2005, No 139
Gazette.govt.nz —
NZ Gazette 2005, No 139
✨ LLM interpretation of page content
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Financial Statements Notes for The Lines Company Limited
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💰 Finance & RevenueFinancial Statements, Equity, Operating Revenue, Operating Expenditure, Line Business Activity