✨ Financial Statements
4794
NEW ZEALAND GAZETTE, No. 166
5 DECEMBER 2006
Network Tasman Limited
Line Business Financial Statements
Notes to and forming part of the financial statements
For the year ended 31 March 2006
| 2006 | 2005 | |
|---|---|---|
| $'000 | $'000 |
2. Operating revenue
Continuing activities
Trading revenue
Line revenue (net of discounts)
23,086
22,447
Customer contributions
1,641
3,291
Gain on sale of assets
(194)
20
Other revenue
1,699
851
Non-recurring income
0
0
Investment revenue
Interest income
582
670
Total operating revenue from continuing activities
26,814
27,279
3. Operating expenses
Operating expenses include:
Depreciation of property, plant & equipment
Primary distribution assets
211
190
Secondary distribution assets
3,398
3,291
Substation assets
300
285
Load control plant
69
58
Streetlights
43
43
Consumer connections
278
277
Communications
19
84
Plant and equipment
102
129
Computer equipment
219
145
Motor vehicles
34
34
Total depreciation of property, plant & equipment
4,673
4,536
Auditors' fees
Audit fees
28
27
Other remuneration paid to auditor
4
4
Costs of offering credit
Bad debts written off
4
15
Change in provision for doubtful debts
(0)
(1)
Governance expenses
Directors' fees
150
129
Donations
2
2
Interest expense
0
6
Impairment loss to property, plant & equipment
0
0
Rental and operating lease costs
253
253
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2006, No 166
Gazette.govt.nz —
NZ Gazette 2006, No 166
✨ LLM interpretation of page content
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Network Tasman Limited Financial Statements
(continued from previous page)
🏭 Trade, Customs & Industry15 November 2006
Financial Statements, Operating Revenue, Operating Expenses, Depreciation, Auditors' Fees