New Zealand Gazette – 1996 – No. 173

Page 4544

✨ Financial Statements

4544 NEW ZEALAND GAZETTE
TRANS POWER NEW ZEALAND LIMITED GROUP
CONSOLIDATED STATEMENT OF CASH FLOWS (cont.)
FOR THE YEAR ENDED 30 JUNE 1996

No. 173

Reconciliation of "Operating surplus after tax" with "Net Cash Flow from Operations"

	1996	1995
	$000	$000
Operating surplus after tax	96,395	84,523

Add/(deduct) non-cash items:

	1996	1995
Depreciation and write offs	90,902	91,160
Infrastructure asset service potential adjustment	19,795	22,823
Income tax expense	46,747	25,506
Increase/(decrease) in provisions	2,137	4,263

Other movements in working capital items*:

	1996	1995
Decrease/(increase) in trade and other receivables	3,725	(10,310)
Decrease/(increase) in prepayments	734	(3,842)
Decrease/(increase) in stocks of materials	6,895	18
(Decrease)/increase in trade and other liabilities and interest payable	4,578	(1,311)
Tax payments	(29,112)	(22,812)

Add/(deduct) items classified as investing activities:

	1996	1995
(Profit)/loss on sale of fixed assets	9,470	9,664
(Profit)/loss on investments	-	(728)

Net Cash Flow from Operations

| | 252,266 | 198,954 |

Other movements in working capital items relate to operating activities

The notes on pages 6 to 32 form an integral part of these financial statements.

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VUW Te Waharoa — NZ Gazette 1996, No 173

NZLII — NZ Gazette 1996, No 173

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✨ LLM interpretation of page content

🏭 Consolidated Statement of Cash Flows for Trans Power New Zealand Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated5 November 1996
KeywordsFinancial Statements, Cash Flows, Receipts, Payments, Trans Power New Zealand Limited

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