New Zealand Gazette – 1999 – No. 116

Page 2778

✨ Financial Statements



2778 NEW ZEALAND GAZETTE No. 116

TOP ENERGY LIMITED

SPECIAL PURPOSE FINANCIAL STATEMENTS

STATEMENT OF CASH FLOW

FOR THE YEAR ENDED 31 MARCH 1999

LINE BUSINESS 1999 $
CASH FLOWS FROM OPERATING ACTIVITIES
Cash was provided from:
Receipts from customers 13,869,819
Interest received 11,224
Dividends received 1,346,274
GST receivable 15,227,317
Cash was disbursed to:
Payments to suppliers and employees 11,002,924
Interest paid 1,057,904
GST paid 162,840
Net cash from operating activities 3,003,649
CASHFLOWS FROM INVESTING ACTIVITIES
Cash was provided from:
Sale of fixed assets 231,748
Other businesses 5,250,626
Cash was applied to:
Purchase and construction of fixed assets 2,232,262
Net cash used in investing activities 3,250,112
CASHFLOWS FROM FINANCING ACTIVITIES
Cash was provided from:
Proceeds of Term Loan 45,000
Cash was applied to:
Dividends paid 5,885,000
Repayment of loans (5,930,000)
Net cash from financing activities 323,761
NET INCREASE/(DECREASE) IN CASH HELD (87,475)
OPENING CASH
Effect of exchange rate changes on cash
CLOSING CASH 236,286

Note 11

This statement is to be read in conjunction with the accompanying notes, accounting policies and audit report.
The Financial Statements have been prepared solely for the purpose of complying with regulations 6(2) and 6(3) of the Electricity (Information Disclosure) Regulations 1999 and are not intended for any other purpose.



Next Page →

PDF embedding disabled (Crown copyright)

View this page online at:


VUW Te Waharoa — PDF NZ Gazette 1999, No 116


NZLII — PDF NZ Gazette 1999, No 116




✨ LLM interpretation of page content

🏭 Special Purpose Financial Statements for Top Energy Limited (continued from previous page)

🏭 Trade, Customs & Industry
Financial Performance, Income, Expenses, Profit, Taxation, Electricity, Information Disclosure