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New Zealand Gazette – 2000 – No. 111

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✨ Financial Statements

28 AUGUST NEW ZEALAND GAZETTE 2789

UnitedNetworks Limited

2.4 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 | | 385,157 | 213,774 |
Interest Received | | 897 | 402 |
| | 386,054 | 214,176 |

Cash was applied to:
Payments to suppliers & employees | | (169,702) | (105,553) |
Interest Paid | | (70,017) | (10,086) |
Income Taxes Paid | | (8,373) | (18,284) |
| | (248,092) | (133,923) |

Net cash flow From operating activities | 16 | 137,962 | 80,253 |

Cash flows from investing activities:
Cash was provided from:
Proceeds from sale of fixed assets | | 1,077 | 45,335 |

Cash was applied to:
Purchase of investments | | (135) | 115 |
Purchases of fixed assets | | (60,890) | (542,825) |
Purchases of identifiable intangibles | | - | (536,040) |

Net cash flow from investing activities | | (59,948) | (1,033,415) |

Cash flows from financing activities
Cash was provided from:
Loans | | - | 1,017,500 |
Related party advances | | 82,618 | 39,156 |
| | 82,618 | 1,056,656 |

Cash was applied to:
Settlement of Loans | | (112,625) | (2,000) |
Dividends paid | | (45,937) | (63,045) |
Effect of sale of subsidiary | | (12,266) | - |
Purchase back of shares | | (31,412) | - |
Advance to subsidiaries | | - | (8) |
| | (202,240) | (65,053) |

Cash flow from financing activities | | (119,622) | 991,603 |

Net increase (decrease) in cash held | | (41,608) | 38,441 |
Opening cash balances | | 38,510 | 69 |
Closing cash balances | | (3,098) | 38,510 |

The accompanying notes and accounting policies form part of and are to be read in conjunction with this statement.

VUW Te Waharoa — NZ Gazette 2000, No 111

Gazette.govt.nz — NZ Gazette 2000, No 111

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✨ LLM interpretation of page content

🏭 Financial Performance Statement for UnitedNetworks Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial, Performance, Statement, UnitedNetworks Limited, Revenue, Expenditure, Profit

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