Home / Knowledge / News / Significant rise in dividend revenue for December quarter
Significant rise in dividend revenue for December quarter
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 27th Oct 2016

Teijin Frontier develops Solotex RC lightweight fibre

Teijin Frontier Co. Ltd, fibre products converting company and part...

Tosha Hays addressing the conference. Courtesy: College of Family and Consumer Sciences, UGA

Textiles | On 27th Oct 2016

Industry experts discuss future of fabrics at UGA

Industry experts, researchers and military officials discussed the...

Textiles | On 27th Oct 2016

Fischer Konzept installs sixth Zünd digital cutter

Fischer Konzept, German developers of individual packaging solutions...

Interviews View All

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Rashi Menda

Every fifth sale we make on Zapyle is a repeat purchase

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Mark Paterson
Technical Absorbents Ltd

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

Marcel Alberts

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search