Financial
Statements
23
meteorological service of new zealand ltd
Annual Report 2013
Statements of Comprehensive Income
for the year ended 30 June 2013
Group 2013 Group 2012 Parent 2013 Parent 2012
Note
$000s
$000s
$000s
$000s
Operating Revenue
42,256
42,161
19,653
19,510
Government Grants
55
68
30
43
Total Operating Revenue
42,311
42,229
19,683
19,553
Operating Expenses
Employee Benefits Expense
3
20,443
20,421
14,610
14,900
Communication Costs
1,078
1,080
844
807
Data Acquisition Costs
2,224
2,542
1,712
2,145
IT Costs
1,805
1,640
1,555
1,191
Marketing Costs
1,094
1,281
165
43
Occupancy Costs
567
576
536
527
Operating Lease Expenses
22
1,139
966
919
776
Office Expenses
338
331
248
255
Professional Expenses
1,289
1,366
510
475
Other Costs
1,879
4,271
1,360
1,238
Depreciation and Amortisation Expense
5,849
5,316
4,032
4,059
Total Operating Expenses
37,705
39,790
26,491
26,416
Dividends Received
–
–
8,000
12,000
Operating Profit
4,606
2,439
1,192
5,137
Financial Costs
4
860
1,048
868
1,049
Profit before Taxation
3,746
1,391
324
4,088
Taxation (Expense)/Credit
5
(1,024)
(314)
(275)
620
Net Profit Attributable to Equity Holders
2,722
1,077
49
4,708
Other Comprehensive Income
That will be subsequently reclassified to Profit or Loss
when conditions are met
Movement in Foreign Currency Translation Reserve
19
(1)
(82)
–
–
Total Comprehensive Income Attributable
to Equity Holders
2,721
995
49
4,708
The accompanying notes to the financial statements form part of these financial statements.