β¨ Financial Statements
4532 No. 139
NEW ZEALAND GAZETTE
TRANS POWER NEW ZEALAND LIMITED GROUP
CONSOLIDATED STATEMENT OF CASH FLOWS (contd)
FOR THE YEAR ENDED 30 JUNE 1995
Reconciliation of "Earnings after Tax" with "Net Cash Flow from Operations"
| 1995 | 1994 | |
|---|---|---|
| 12 months | 15 months | |
| $000 | $000 |
Earnings after Tax | 84,523 | 129,800 |
Add/deduct non-cash items: |
Depreciation and write offs | 100,824 | 133,883 |
Infrastructure asset service potential adjustment | 22,823 | 17,580 |
Income tax expense/(benefit) | 2,694 | (1,834) |
Increase/(decrease) in provisions | 4,263 | 10,856 |
Change in deferred tax | (13) | (69) |
Movements in working capital items*: |
Decrease/(increase) in receivables | (10,310) | (14,597) |
Decrease/(increase) in prepayments | (3,842) | 59 |
Decrease/(increase) in stock | 18 | 1,401 |
Increase/(decrease) in payables | (1,298) | 1,407 |
Less items classified as investing activities: |
(Profit)/loss on sale of fixed assets | 0 | (1,692) |
(Profit)/loss on investments | (728) | (5,720) |
Net Cash Flow from Operations | 198,954 | 271,074 |
* Movements in working capital items relate to operating activities
The notes on pages 6 to 30 form an integral part of these financial statements.
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VUW Te Waharoa —
NZ Gazette 1995, No 139
NZLII —
NZ Gazette 1995, No 139
β¨ LLM interpretation of page content
ποΈ
Consolidated Statement of Cash Flows for Trans Power New Zealand Limited
(continued from previous page)
ποΈ Infrastructure & Public WorksCash Flows, Financial Statements, Trans Power New Zealand Limited, Operations, Investments, Financing