New Zealand Gazette – 2005 – No. 166

Page 4186

✨ Financial Statements Notes



4186 NEW ZEALAND GAZETTE, No. 166 30 SEPTEMBER 2005

(n) Consultancy and legal expenses: 4,248

(o) Donations: -

(p) Directors' fees: 1,286

(q) Auditors' fees:

(i) Audit fees paid to principal auditors:              204

(ii)    Audit fees paid to other auditors:              -

(iii)   Fees paid for other services provided by principal and other auditors:  -

(iv)    Total auditors' fees:                       204

(r) Costs of offering credit:

(i) Bad debts written off:                      109

(ii)    Increase in estimated doubtful debts:               -

(iii)   Total cost of offering credit:                  109

(s) Local authority rates expense: 67

(t) AC loss-rentals (distribution to retailers/customers) expense: 4,953

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

(v) Subvention payments: -

(w) Unusual expenses: -

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

Total operating expenditure                     158,283

14 Operating surplus before interest and income tax 87,874

15 Interest expense

(a) Interest expense on borrowings                  38,238

(b) Financing charges related to finance leases             -

(c) Other interest expense                      -

(d) Total interest expense                      38,238

16 Operating surplus before income tax 49,636

17 Income tax 16,380

18 Net surplus after tax 33,256

Note 1 Employee salaries, wages and redundancies 3,330

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 166


Gazette.govt.nz — PDF NZ Gazette 2005, No 166




✨ LLM interpretation of page content

🏭 Powerco Limited Financial Statements Notes (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Operating Expenditure, Transmission Charges, Asset Maintenance, Depreciation, Corporate Administration, Powerco Limited, Electricity Division