Home / Knowledge / News / Significant rise in dividend revenue for December quarter
Significant rise in dividend revenue for December quarter
17
Mar '08
Local authorities' seasonally adjusted operating revenue increased 6.9 percent in the December 2007 quarter, Statistics New Zealand said. Total investment income, including interest and dividend revenue, contributed more than a third of the $104.3 million increase in total operating revenue.

A significant increase in dividend revenue is typical for a December quarter. Revenue from rates increased by $17 million or 1.9 percent. There were also rises for sales of goods and services and all other income (up $22.3 million or 9.1 percent), government grants and subsidies (up $16.9 million or 7.4 percent) and regulatory income (up $8.4 million or 9.6 percent).

Total seasonally adjusted operating expenditure increased 4.2 percent in the December 2007 quarter, following an increase of 2.9 percent in the September 2007 quarter. Expenditure on purchases of goods and services, grants and donations, and all other expenditure contributed most of the total increase of $63.3 million. Increases in interest paid, depreciation and employee costs also contributed to the rise in total expenditure.

Overall, local authorities recorded a surplus of $70.6 million in the December 2007 quarter, against a $23.7 million surplus in the September 2007 quarter.

Statistics New Zealand

Must ReadView All

Textiles | On 30th Mar 2017

India Inc should work for July 1 GST roll out: Fin sec

The Goods and Services Tax (GST) will take India into a very exciting ...

Textiles | On 30th Mar 2017

Lok Sabha approves 4 supplementary GST legislations

The Lok Sabha has approved four supplementary Goods and Services Tax...

Courtesy: ShopKeep

Information Technology | On 30th Mar 2017

Shopkeep partners with software provider BigCommerce

ShopKeep, the cloud-based technology solution that transforms an iPad ...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search