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

Neelesh Hundekari speaking at the event. Courtesy: Subir Ghosh

Textiles | On 27th May 2017

Fabric of Change initiative announces €250000 scaling fund

The Fabric of Change initiative of Ashoka and the C&A Foundation is...

Pakistan's Finance Minister Mohammad Ishaq Dar presenting Budget 2017-18 in National Assembly in Islamabad on May 26. Courtesy: PID, Pakistan

Textiles | On 27th May 2017

Pakistan Budget 2017-18 proposes 4 new measures

To support the textile sector in Pakistan, finance minister Mohammad...

Textiles | On 27th May 2017

Indian exports can touch $325 bn in 2017-18: FIEO

Indian exports are on upward trend in last few months as the country...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Mohammad Hassan
Biax Fiberfilm

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

Eamonn Tighe
Nature Works LLC

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Sonam & Paras Modi
SVA

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

Tony Ward
Tony Ward

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search