Financial Statements




NEW ZEALAND GAZETTE

No. 77

STATEMENT OF MOVEMENTS IN EQUITY

FOR YEAR ENDED 31 MARCH, 2000

2000 $ 1999 $
Total equity at beginning of year 35,546,228 33,787,467

Total recognised revenues and expenses for the year
| Net surplus for the year | 2,325,882 | 2,215,675 |
| Movement in Revaluation Reserve | (258,237) | 1,393,086 |
| | 2,067,645 | 3,608,761 |

Distributions to Shareholder during the year
| Capital introduced from sale of energy shares | 967,494 | — |
| Repurchase of shares | (1,399,411)| — |
| Dividend | (1,750,000)| (1,850,000)|

| Total equity at end of year | $35,431,956| $35,546,228|

STATEMENT OF CASH FLOWS

FOR YEAR ENDED 31 MARCH, 2000

Note 2000 $ 1999 $

Cash Flows from Operating Activities
| Cash was provided from: Receipts from customers | 11,975,651 | 9,579,765 |
| Interest received | 219,831 | 283,061 |
| | 12,195,482 | 9,862,826 |

| Cash was applied to: Payments to suppliers & employees | 5,920,201 | 5,892,283 |
| GST | (142,055) | 130,426 |
| Interest paid | 14,875 | 69,280 |
| Income Tax (net of refunds) | 1,565,717 | 1,684,571 |

| Net Cash inflow/(outflow) from Operating Activities | 7 | 4,836,744 | 2,106,266 |

Cash Flows from Investing Activities
| Cash was provided from: Sale of assets | 19,124 | 112,878 |

| Cash was applied to: Purchase of fixed assets | 1,807,118 | 264,273 |

| Net Cash inflow/(outflow) from Investing Activities | (1,787,994)| (151,395) |

Cash Flows from Financing Activities
| Cash was provided from: Sale of United Electricity shares | 967,494 | — |

| Cash was applied to: Repayment of loans | 500,000 | 1,000,000 |
| Payment of dividends | 1,750,000 | 1,600,000 |
| Repurchase of shares | 1,399,411 | — |

| Net Cash Inflow/(outflow) from Financing Activities | (2,681,917)| (2,600,000)|

| Net increase/(decrease) in cash held | $ (366,833) | $ (645,129) |

| Cash at start of year | 3,121,490 | 3,766,619 |
| Cash at end of year | 3,488,323 | 3,121,490 |

| Net increase/(decrease) in cash held | $ (366,833) | $ (645,129) |



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2000, No 77


Gazette.govt.nz PDF NZ Gazette 2000, No 77





✨ LLM interpretation of page content

💰 Statement of Movements in Equity (continued from previous page)

💰 Finance & Revenue
Equity, Revenues, Expenses, Surplus, Revaluation Reserve, Distributions, Shareholder, Capital, Dividend

💰 Statement of Cash Flows

💰 Finance & Revenue
Cash Flows, Operating Activities, Investing Activities, Financing Activities, Receipts, Payments, Assets, Loans, Dividends, Shares