New Zealand Gazette – 2008 – No. 49

Page 1385

✨ Financial Statements

CENTRALINES LIMITED - Lines Business

Notes to the Financial Statements

For the year ended 31 March 2007

Note 2: Surplus before Taxation

	2007	2006
	$000	$000
Operating Revenue
Network	6,716	6,623
AC Loss Rebate	46	109
Customer contributions	1,052	460
Interest revenue	292	128
Other Income	14	5
	8,120	7,325

| Depreciation | | |
| Electrical distribution system | 1,532 | 1,501 |
| Motor vehicles | 6 | 6 |
| GIS | 55 | 55 |
| | 1,593 | 1,562 |

| Operating Expenses| | |
| Audit New Zealand - audit services | 46 | 45 |
| Audit New Zealand - disclosure accounts | 7 | 7 |
| Fees paid to other auditors | 14 | 8 |
| Remuneration paid to directors | 106 | 85 |
| All other operating expenses | 3,108 | 2,849 |
| | 3,281 | 2,994 |

Surplus before discounts and tax | 3,246 | 2,769 |
Discount | - | - |
Surplus before taxation | 3,246 | 2,769 |

Note 3: Investments

	2007	2006
	$000	$000
Current
Short term deposits held with registered banks	3,488	1,900
Current investments of other listed securities	1,003	552
	4,491	2,452

Market fluctuations in interest rates affect the earnings on these investments but Company policy of placing deposits with high credit quality financial institutions minimizes the credit exposure.

Fair and market value information

	2007
Listed securities	1,001

The market value is based on prices quoted on the stock exchanges at balance date

Fixed interest securities - interest rates

The range of interest rates on investments were:

	2007	2006
Short term bank investments	7.50% - 7.87%	7.15% - 7.42%
Listed securities	6.50% - 7.70%	7.17% - 7.40%

VUW Te Waharoa — NZ Gazette 2008, No 49

Gazette.govt.nz — NZ Gazette 2008, No 49

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

🏢 Centralines Limited Financial Position (continued from previous page)

Domain🏢 State Enterprises & Insurance
KeywordsFinancial statement, Surplus before taxation, Operating revenue, Depreciation, Operating expenses, Investments, Interest rates

As the Gazette has been published for more than 185 years, copyright status depends on the publication date of each issue:

1840–1925 (Public Domain): Issues of the New Zealand Gazette and Provincial Gazettes from this period are in the public domain, as the term of Crown copyright (100 years) has expired. Mechanical reproductions (e.g., scanned PDFs) of these public domain documents do not attract new copyright.
1926–1999 (Crown Copyright): Issues from this period remain subject to Crown copyright. Usage of these issues in this project is "Fair Dealing" for research purposes and consistent with the spirit of the open-access principles championed by NZGOAL, ie, "The default licensing position under ... NZGOAL is the Creative Commons Attribution 4.0 International licence ... [t]o the greatest extent possible, agencies should apply this licence to copyright material on their websites"
2000–Present (CC-BY 3.0 NZ): Gazette issues published on gazette.govt.nz are Crown copyright but are explicitly licensed by the Department of Internal Affairs under the Creative Commons Attribution 3.0 New Zealand licence (CC-BY 3.0 NZ). This project redistributes this content in accordance with those terms.

Nothing in this project is intended to infringe copyright, trademark law or personal privacy. Please contact me immediately if you have any concerns.

Third-Party Content

Where third-party content (e.g., notices submitted by external organisations) is identified within the Gazette, users should satisfy themselves regarding the copyright status of that specific content, as it may be subject to different ownership terms than the Gazette itself.

Sources and Attribution

NZ Gazette Sources

The primary sources for the issues of the NZ Gazette indexed by this project are:

New Zealand Gazette Archive, provided by Victoria University Library, copyright 2008 LexisNexis NZ Limited, Crown Copyright of New Zealand Gazette Office
- Issues from 1841-2008, including the New Munster, New Ulster, and Provincial Gazettes
New Zealand Gazettes by New Zealand Legal Information Institute (note: "NZLII is not the copyright owner in the source documents published on NZLII")
- Issues from 1913-1999
Gazette.govt.nz, Crown copyright / licensed by the Department of Internal Affairs under CC-BY 3.0 NZ
- Issues from 2000-2017

Additional Sources

Wellington City Recollect have made available a comprehensive and excellent-quality scan of the Wellington Provincial Gazette which was used to fill in a number of issues missing from Victoria University's Gazette Archive; in particular, all 1856 issues, issues 22-34 for 1864 and issues 9-19 for 1870.
27 issues of The New Zealand Advertiser and Bay of Islands Gazette (1840) were sourced from Papers Past (public domain).
Gazette Extraordinary No. 1 (1840), held at the Alexander Turnbull Library, Wellington, New Zealand. Imaged by Luke Howison at the National Library reading rooms; PDF released into the public domain.

PDF Icon

The PDF PDF Icon was made by Good Ware, CC BY-SA 4.0.

Masthead

The logo in the header is an edited version of “Winning Coat of Arms Competition Entry, 1908” by Archives New Zealand, CC BY 2.0 (found via Wikipedia).

Who made this?

I'm Luke Howison, a freelance web developer with an interest in genealogy. I have created several websites for genealogical research, such as NZ Ancestor Search Helper.

New Zealand Gazette Index