New Zealand Gazette – 2000 – No. 110

Page 2745

✨ Financial Statement



25 AUGUST NEW ZEALAND GAZETTE 2745

VECTOR Limited
Electricity Lines Business

Statement of Cash Flows
For the year ended 31 March 2000

Notes 2000 $000 1999 $000
Operating activities
Cash was provided from
Receipts from customers 208,845 225,550
Interest received 4,218 22
213,063 225,572
Cash was disbursed to
Payments to suppliers and employees 106,578 106,903
Payments related to CBD crisis 1,961 91,471
Taxation paid - (20)
Interest paid 9,686 24,426
121,225 222,780
Net cash inflow from operating activities 91,838 2,792
Investing activities
Cash was provided from
Proceeds from sale of meters - 50,000
Proceeds from sale of other fixed assets - 275
- 50,275
Cash was applied to
Purchase and construction of fixed assets 92,683 99,929
Purchase of fixed assets from “other” business 15 37,358
130,041 99,929
Net cash outflow from investing activities (130,041) (49,654)
Financing activities
Cash was provided from
Capital reallocated from “other” business 153,475 259,744
153,475 259,744
Cash was applied to
Net settlement of loan facilities* 71,053 200,880
Dividends paid 11,771 9,576
82,824 210,456
Net cash inflow from financing activities 70,651 49,288
Net increase in cash 30,432 2,426
Opening cash brought forward 2,816 390
Ending cash carried forward 33,248 2,816

*Cash inflows and cash outflows have been netted for ease of presentation.

The accompanying notes form part of these financial statements.



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2000, No 110


Gazette.govt.nz — PDF NZ Gazette 2000, No 110




✨ LLM interpretation of page content

🏭 Vector Limited Financial Performance Statement (continued from previous page)

🏭 Trade, Customs & Industry
Electricity, Financial Performance, Cash Flows, Operating Activities, Investing Activities, Financing Activities, Vector Limited