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Re: [sharechat] TEL a question for Snoopy


From: "Malcolm Cameron" <malharcameron@hotmail.com>
Date: Fri, 19 Apr 2002 06:40:37 +1000


Snoopy testing my memory I thought the original decision to go into AAPT was 
made by or under doctor Deane. IT looks like Ms Gattung will actually wear 
the Blame. THANKS


>From: "tennyson@caverock.net.nz" <tennyson@caverock.net.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: sharechat@sharechat.co.nz
>Subject: Re: [sharechat] TEL a question for Snoopy
>Date: Thu, 18 Apr 2002 23:41:47 +0000
>
>Hi Malcolm,
>
>
> > Snoopy
> > Please A question about telecom
> >What date did Ms Gattung become CEO
> >
> >
>
>
>>From p9 of the Annual Report for the period 1st April 1999 to 30th
>June 1999.
>
>"Ms Gattung, currently the Group General Manager Services, will take
>up the role of Chief Executive on 1 October 1999 following
>the retirement of Roderick Deane at the Annual Meeting on 30
>September."
>
>
>
> >
> >
> > and what date was first bid for AAPT.
> >
> >
>
>
>
>>From p25 of the Annual Report for the period 1st April 1999 to 30th
>June 1999.
>
>"During the three months ended 30 June 1999, Telecom purchased a
>19.8% stake in AAPT for $NZ386million.   At 30th June 1999 the market
>value of Telecom's investment was NZ$337million.  The directors do
>not consider there has been a permanent diminution in value of this
>investment."
>
>"Telecom is evaluating its options with regard to whether it should
>purchase a further stake in AAPT."
>
>
>>From Third Quarter Report 1999-2000 Year
>
>On 27th November 1999, Telecom purchased an additional 61.7%
>shareholding in AAPT, bringing the total shareholding at that date to
>81.4%.  Total consideration of $1,574million made up of $297m (net
>assets) and $1,277m (goodwill).
>
>$32million of goodwill on AAPT was amortised in the 30th June 2000
>year result.
>
>Successful takeover bid for the balance of AAPT shares happened
>between September 2000 and December 2000.
>
>$88m goodwill on AAPT amortised in 30th June 2001 annual result
>
>Total Goodwill left on the books at 30th June 2001 is
>
>$1,878m.
>
>Amortization of goodwill over 6 months 30th June to 31st December
>2001 was $56m.
>
>Probably more than you want to know :-)
>
>But why did you ask?  SNOOPY
>
>
>
>
>
>
>
>---------------------------------
>Message sent by Snoopy
>e-mail  tennyson@caverock.net.nz
>on Pegasus Mail version 2.55
>----------------------------------
>"Sometimes to see the wood from the trees,
>you have to cut down all the trees."
>
>
>
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