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 24th Jan 2017

Textile industry demands relaxation of laws from Budget

The upcoming Union Budget 2017-18 should focus on relaxing certain...

President Donald Trump; Courtesy: White House

Textiles | On 24th Jan 2017

US sets ball rolling for withdrawal from TPP

President Donald Trump has set the ball rolling for withdrawal of the ...

Textiles | On 24th Jan 2017

Indian cotton consumption estimated at 290 lakh bales: CAI

The domestic consumption of cotton during the crop season 2016-17...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Igor Chapurin
Chapurin

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

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
January 2017

January 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