Financial Statements




848 NEW ZEALAND GAZETTE, No. 37 26 FEBRUARY 2008

Amortisation of -
Goodwill - -
Other intangibles - -
Total amortisation of intangibles - -

Corporate and administration 703 782
Human resource expenses 187 138
Marketing/advertising 100 73
Merger and acquisition expenses - -
Takeover defence expenses - -
Research and development expenses - -
Consultancy and legal expenses 404 343
Donations - -
Directors’ fees 204 201

Auditors’ fees -
Audit fees paid to principal auditors 101 77
Audit fees paid to other auditors - -
Fees paid for other services provided by the principal & other auditors 5 20
106 97

Cost of offering credit -
Bad debts written off 84 109
Increase in estimated doubtful debts - -
Total cost of offering credit 84 109

Local authority rates expense 213 193
AC loss-rental rebates (distribution to retailers/customers) expense
Customer discounts 8,059 7,422
Subvention payments - -
Unusual expenses - -
Loss on disposal of fixed assets 25 21
(Gain) on disposal of fixed assets (129) (46)
Other expenditure not listed 389 191

Total Operating Expenditure 26,241 23,859

Interest Expense:
Interest expense on borrowings 654 -
Financing charges related to finance leases - -
Other interest expense - -
Total Interest Expense 654 -



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2008, No 37


Gazette.govt.nz PDF NZ Gazette 2008, No 37





✨ LLM interpretation of page content

💰 Statement of Accounting Policies for Counties Power Limited – Lines Business (continued from previous page)

💰 Finance & Revenue
26 February 2008
Operating Revenue, Operating Expenditure, Transmission Charges, Depreciation, Financial Statements, Amortisation, Corporate Expenses, Human Resources, Marketing, Consultancy, Legal Expenses, Directors' Fees, Auditors' Fees, Credit Costs, Local Authority Rates, Customer Discounts, Interest Expense