Financial Statements




NEW ZEALAND GAZETTE

No. 109

HAWKE'S BAY NETWORK LIMITED - LINES BUSINESS

STATEMENT OF CASH FLOWS

For The Year Ended 31 March 2000

| Notes | 2000
| $000 | 1999
| $000 |

CASH FLOWS FROM OPERATING ACTIVITIES

Cash was provided from:
Receipts From Customers | 30,631 | 33,555
Contributions For Capital Works | 779 | 661
GST | - | 142
Interest Received | 95 | 227
| 31,505 | 34,585

Cash was disbursed to:
Payments To Suppliers | 19,270 | 21,561
Payments To Employees | 3,985 | 2,047
Interest Paid On Loans | 60 | 236
Income Taxes Paid | 848 | 1,650
GST | 93 | -
| 24,256 | 25,494

Net cash flows from operating activities | 15 | 7,249 | 9,091

CASH FLOWS FROM INVESTING ACTIVITIES

Cash was provided from:
Proceeds From Sale Of Assets | 124 | 4,259
| 124 | 4,259

Cash was applied to:
Repayment of Inter Company Advance| 3,000 | -
Purchase and Construction Of Fixed Assets | 6,438 | 3,872
| 9,438 | 3,872

Net cash used in investing activities | (9,314) | 387

CASH FLOWS FROM FINANCING

Net cash used in financing activities | - | -

Net Increase (Decrease) in Cash Held | (2,065) | 9,478
Add Opening Cash Brought Forward | 5,803 | (3,675)

ENDING CASH CARRIED FORWARD | 3,738 | 5,803

The accompanying Statement of Accounting Policies and Notes form part of and are to be read in conjunction with these Financial Statements. 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.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2000, No 109


Gazette.govt.nz PDF NZ Gazette 2000, No 109





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💰 Audit Report of Hawke’s Bay Network Limited Financial Statements (continued from previous page)

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