✨ Financial Statement




NEW ZEALAND GAZETTE

No. 115

THE POWER COMPANY LIMITED

LINE BUSINESS

RECONCILIATION OF PROFIT AFTER TAX

WITH NET CASHFLOW FROM OPERATIONS

FOR THE YEAR ENDED 31 MARCH 1999

1999
Profit After Tax 2,395,941
Add Non Cash Items
Depreciation and Loss on Sale 3,788,645
6,184,586

Plus/(Less) Movement in Working Capital Items

Increase in Accounts Receivable (2,092,776)
Increase in Prepayments (6,490)
Increase in Stock (61,429)
Decrease in GST Refund 65,316
Decrease in Taxation Payable (232,994)
Decrease in Accounts Payable (149,245)
(2,477,618)
3,706,968

Less Items Classified as Investing or Financing Activities

Tax Adjustment (135,256)
Depreciation Recovered (4,424)
(139,680)

NET CASH FROM OPERATING ACTIVITIES

| | 3,567,288 |



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✨ LLM interpretation of page content

πŸ’° Financial Performance Statement for The Power Company Limited (continued from previous page)

πŸ’° Finance & Revenue
Financial Statement, Cashflows, Revenue, Expenses, Profit, Taxation