New Zealand Gazette – 2006 – No. 142

Page 4123

✨ Financial Expenditure Report



Top Energy Limited - Year ended 31 March 2006

Expenditure (Schedule 1, Part 2)

2006 2005
(h) Corporate and administration: 452,637 441,122
(i) Human resource expenses: 159,145 86,554
(j) Marketing/advertising: 218,323 172,896
(k) Merger and acquisition expenses: 0 0
(l) Takeover defence expenses: 0 0
(m) Research and development expenses: 0 0
(n) Consultancy and legal expenses: 265,285 197,389
(o) Donations: 0 0
(p) Directors' fees: 161,000 155,967
(q) Auditors' fees:
   (i) Audit fees paid to principal auditors: 47,969 35,333
   (ii) Audit fees paid to other auditors: 0 0
   (iii) Fees paid for other services provided by principal and other auditors: 34,000 30,530
   (iv) Total auditors' fees: 81,969 65,863
(r) Costs of offering credit:
   (i) Bad debts written off: 0 0
   (ii) Increase in estimated doubtful debts: 0 0
   (iii) Total cost of offering credit: 0 0
(s) Local authority rates expense: 0 0
(t) AC loss-rentals (distribution to retailers/customers) expense: 0 0
(u) Rebates to consumers due to ownership interest: 0 0
(v) Subvention payments: 0 0
(w) Unusual expenses: 0 0
(x) Other expenditure not listed in (a) to (w): 170,130 160,803
13 Total operating expenditure 18,264,840 17,496,313

14 Operating surplus before interest and income tax | 5,462,247 | 4,455,515 |

15 Interest expense
| (a) Interest expense on borrowings: | 502,118 | 664,892 |
| (b) Financing charges related to finance leases: | 0 | 0 |
| (c) Other interest expense not listed in (a) or (b): | 0 | 0 |
| (d) Total interest expense | 502,118 | 664,892 |

16 Operating surplus before income tax | 4,660,129 | 3,790,623 |

17 Income tax | 1,693,518 | 1,889,642 |

18 Net surplus/(deficit) after tax | 2,966,611 | 1,900,981 |



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2006, No 142


Gazette.govt.nz — PDF NZ Gazette 2006, No 142




✨ LLM interpretation of page content

🏭 Top Energy Limited Expenditure Report (continued from previous page)

🏭 Trade, Customs & Industry
Expenditure, Financial Report, Corporate Expenses, Human Resources, Marketing, Consultancy, Auditors Fees, Interest Expense, Income Tax