✨ Financial Statements




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
$000
2006
$000

12. Provisions

Current

Employee entitlements | 153 | 134
Sundry provisions | 28 | 0

Total current provisions | 181 | 134

Non-current

Employee entitlements | 197 | 181
Sundry provisions | 0 | 0

Total non-current provisions | 197 | 181

Provision for employee entitlements

Balance at beginning of year | 316 | 300
Additional provisions made | 182 | 166
Amount utilised | (148) | (150)
Provision reversed | 0 |

Balance at end of year | 350 | 316

The provision for employee entitlements relates to employee benefits such as accrued annual leave and long service leave.

Sundry provisions

Balance at beginning of year | 0 | 63
Additional provisions made | 28 | 0
Amount utilised | 0 |
Provision reversed | | (63)

Balance at end of year | 28 | 0

Sundry provisions relate to contractor bonuses.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2008, No 20


Gazette.govt.nz PDF NZ Gazette 2008, No 20





✨ LLM interpretation of page content

🏭 Line Business Financial Statements for Network Tasman Limited (continued from previous page)

🏭 Trade, Customs & Industry
21 January 2008
Financial Statements, Income Tax, Dividends, Equity, Retained Earnings, Network Tasman Limited