✨ Financial Statements
29 FEBRUARY 2008
NEW ZEALAND GAZETTE, No. 44
1283
| 31 March 2007 | 31 March 2006 | |
|---|---|---|
| $'000 | $'000 | |
| (n) Consultancy and legal expenses: | 33 | 44 |
| (o) Donations: | - | - |
| (p) Directors' fees: | 115 | 118 |
| (q) Auditors' fees: | ||
| (i) Audit fees paid to principal auditors: | 43 | 41 |
| (ii) Audit fees paid to other auditors: | 17 | 24 |
| (iii) Fees paid for other services provided by principal and other auditors: | - | - |
| Total Auditors' fees: | 60 | 65 |
| (r) Costs of offering credit: | ||
| (i) Bad debts written off: | 1 | 3 |
| (ii) Increase in estimated doubtful debts: | - | - |
| Total cost of offering credit: | 1 | 3 |
| (s) Local authority rates expense: | 43 | 57 |
| (t) AC loss-rentals (distribution to retailers/customers) expense: | 445 | 556 |
| (u) Rebates to consumers due to ownership interest: | - | - |
| (v) Subvention payments: | - | 167 |
| (w) Unusual expenses: | - | - |
| (x) Other expenditure not listed in (a) to (w) | 142 | 87 |
Total operating expenditure | 9,285 | 8,076 |
Operating surplus before interest and income tax | 5,798 | 5,781 |
Interest expense
| (a) Interest expense on borrowings | - | - |
| (b) Financing charges related to finance leases | - | - |
| (c) Other interest expense | - | - |
Total interest expense | - | - |
Operating surplus before income tax | 5,798 | 5,781 |
Income tax | 1,915 | 1,940 |
Net surplus after tax | 3,883 | 3,841 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2008, No 44
Gazette.govt.nz —
NZ Gazette 2008, No 44
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Electricity Invercargill Limited Line Business Disclosure of Information
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