✨ Financial Statements
434
NEW ZEALAND GAZETTE, No. 20
12 FEBRUARY 2008
Network Tasman Limited
Line Business Financial Statements
Notes to and forming part of the financial statements
For the year ended 31 March 2007
| 2007 | 2006 | |
|---|---|---|
| $000 | $000 |
2. Operating revenue
Continuing activities
Trading revenue
Line revenue (net of discounts) | 23,850 | 23,086
Customer contributions | 1,982 | 1,641
Gain on sale of assets | 0 | (194)
Other revenue | 1,231 | 1,699
Non-recurring income | 0 | 0
Investment revenue
Interest income | 519 | 582
Total operating revenue from continuing activities | 27,582 | 26,814
3. Operating expenses
Operating expenses include:
Depreciation of property, plant & equipment
Primary distribution assets | 235 | 211
Secondary distribution assets | 3,510 | 3,398
Substation assets | 320 | 300
Load control plant | 73 | 69
Streetlights | 43 | 43
Consumer connections | 278 | 278
Communications | 20 | 19
Plant and equipment | 106 | 102
Computer equipment | 220 | 219
Motor vehicles | 30 | 34
Total depreciation of property, plant & equipment | 4,835 | 4,673
Auditors' fees
Audit fees | 57 | 28
Other remuneration paid to auditor | 7 | 4
Costs of offering credit
Bad debts written off | 9 | 4
Change in provision for doubtful debts | 1 | (0)
Governance expenses
Directors' fees | 150 | 150
Donations | 2 | 2
Interest expense | 0 | 0
Impairment loss to property, plant & equipment | 0 | 0
Rental and operating lease costs | 248 | 253
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2008, No 20
Gazette.govt.nz —
NZ Gazette 2008, No 20
✨ LLM interpretation of page content
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Line Business Financial Statements for Network Tasman Limited
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🏭 Trade, Customs & Industry21 January 2008
Financial Statements, Operating Revenue, Operating Expenses, Depreciation, Auditors' Fees, Network Tasman Limited