New Zealand Gazette – 2005 – No. 16

Page 371

✨ Financial Statements



18 JANUARY 2005 NEW ZEALAND GAZETTE, No. 16

371

31 March 2004 31 March 2003
$000 $000
(n) Consultancy and legal expenses 168 143
(o) Donations - -
(p) Directors’ fees 107 97
(q) Auditors’ fees:
(i) Audit fees paid to principal auditors 33 32
(ii) Audit fees paid to other auditors - -
(iii) Fees paid for other services provided by principal and other auditors 19 -
Total Auditors’ fees 52 32
(r) Costs of offering credit:
(i) Bad debts written off 8 1
(ii) Increase in estimated doubtful debts - -
Total cost of offering credit 8 1
(s) Local authority rates expense 165 115
(t) AC loss-rentals (distribution to retailers/customers) expense 986 449
(u) Rebates to consumers due to ownership interest - -
(v) Subvention payments 9 2
(w) Unusual expenses - -
(x) Other expenditure not listed in (a) to (w) 445 259
Total operating expenditure 22,067 21,791
Operating surplus before interest and income tax 4,047 1,999

Interest expense

31 March 2004 31 March 2003
(a) Interest expense on borrowings 68 390
(b) Financing charges related to finance leases - -
(c) Other interest expense - -
Total interest expense 68 390

Operating surplus before income tax | 3,979 | 1,609 |

Income tax | 2,191 | 1,117 |

Net surplus after tax | 1,788 | 492 |



Next Page →



Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2005, No 16


Gazette.govt.nz — PDF NZ Gazette 2005, No 16




✨ LLM interpretation of page content

🏭 Electricity Operating Revenue and Expenditure (continued from previous page)

🏭 Trade, Customs & Industry
Electricity, Operating Revenue, Operating Expenditure, Financial Statements