✨ 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.

5



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✨ LLM interpretation of page content

πŸ—οΈ Consolidated Statement of Cash Flows for Trans Power New Zealand Limited (continued from previous page)

πŸ—οΈ Infrastructure & Public Works
Cash Flows, Financial Statements, Trans Power New Zealand Limited, Operations, Investments, Financing