New Zealand Gazette – 2008 – No. 43

Page 1257

✨ Financial Report



29 FEBRUARY 2008 NEW ZEALAND GAZETTE, No. 43 1257

31 March 2007 31 March 2006
$000 $000
(n) Consultancy and legal expenses 46 94
(o) Donations - -
(p) Directors' fees 129 132
(q) Auditors' fees:
    (i) Audit fees paid to principal auditors 27 31
    (ii) Audit fees paid to other auditors - -
    (iii) Fees paid for other services provided by principal and
other auditors		 16 29
Total Auditors' fees 43 60
(r) Costs of offering credit:
    (i) Bad debts written off - 5
    (ii) Increase in estimated doubtful debts - -
Total cost of offering credit - 5
(s) Local authority rates expense 131 143
(t) AC loss-rentals (distribution to retailers/customers)
expense		 881 1,191
(u) Rebates to consumers due to ownership interest - -
(v) Subvention payments - 19
(w) Unusual expenses - -
(x) Other expenditure not listed in (a) to (w) 545 438
Total operating expenditure 28,242 25,893
Operating surplus before interest and income tax 4,416 3,497
Interest expense
(a) Interest expense on borrowings 302 53
(b) Financing charges related to finance leases - -
(c) Other interest expense - -
Total interest expense 302 53
Operating surplus before income tax 4,114 3,444
Income tax (2,065) (2,115)
Net surplus after tax 2,049 1,329


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2008, No 43


Gazette.govt.nz — PDF NZ Gazette 2008, No 43




✨ LLM interpretation of page content

🏭 Financial Disclosure of The Power Company Limited (continued from previous page)

🏭 Trade, Customs & Industry
Financial Report, Operating Revenue, Operating Expenditure, Assets, Liabilities, The Power Company Limited