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New Zealand Gazette – 1999 – No. 190

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✨ Financial Statements

NEW ZEALAND GAZETTE

No. 190

TRANSPOWER NEW ZEALAND LINES BUSINESS

STATEMENT OF CASH FLOWS (cont.)

FOR THE YEAR ENDED 30 JUNE 1999

Reconciliation Of "Operating Surplus After Tax" With "Net Cash Flow From Operations"

	LINES BUSINESS 1999	GROUP 1998
	$000	$000

Operating surplus after tax
| | 96,899 | (338,059) |

Add/(deduct) non-cash items:
| Depreciation | 91,597 | 117,756 |
| Infrastructure asset service potential adjustment | 14,139 | 22,443 |
| Transfer from revaluation reserve | 14,113 | 407,147 |
| Capitalised Interest | (720) | (1,261) |
| Increase/(decrease) in provisions | (7,912) | (270) |

Other movements in working capital items:
| Decrease/(increase) in trade and other receivables | 26,484 | (5,587) |
| Decrease/(increase) in prepayments | 614 | 509 |
| Decrease/(increase) in stocks of materials | (375) | 7,798 |
| (Decrease)/increase in trade and other liabilities, interest payable and deferred income | (37,367) | 9,048 |
| (Decrease)/increase in taxation payable | 5,132 | (7,410) |

Add/(deduct) items classified as investing activities:
| Fixed asset write-offs and loss on sale | 8,123 | 18,106 |

Net Cash Flow from Operations
| | 210,727 | 230,220 |

These statements are to be read in conjunction with the accompanying notes.

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VUW Te Waharoa — NZ Gazette 1999, No 190

NZLII — NZ Gazette 1999, No 190

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

🏭 Transpower New Zealand Limited Information Disclosure (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsAudit, Financial Statements, Electricity, Information Disclosure, Regulations, Transpower

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