New Zealand Gazette – 2000 – No. 87

Page 2117

✨ Financial Statements

7 AUGUST NEW ZEALAND GAZETTE 2117

NETWORK TASMAN LIMITED
LINE BUSINESS FINANCIAL STATEMENTS

STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2000

Note 2000 1999
$000 $000

CASH FLOWS FROM OPERATING ACTIVITIES
Cash was provided from:
Receipts from customers 21,354 25,052
Interest received 412 219
Capital contributions from customers 0 0
21,766 25,271

Cash was disbursed to:
Payments to suppliers and employees 14,573 19,572
Interest paid 22 3
Taxation paid 2,840 385
17,435 19,960

Net cash flows from operating activities 4,331 5,311

CASH FLOWS FROM INVESTING ACTIVITIES
Cash was provided from:
Proceeds from sale of fixed assets 44 4,584
44 4,584

Cash was applied to:
Purchase of fixed assets 1,623 2,256
1,623 2,256

Net cash flows from investing activities (1,579) 2,328

CASH FLOWS FROM FINANCING ACTIVITIES
Cash was applied to:
Dividends paid 6,430 250
Repayment of term loans 0 52
6,430 302

Net cash flows from financing activities (6,430) (302)

Net increase (decrease) in cash held (3,678) 7,337
Cash at the beginning of the year 10,522 3,185
Cash at the end of the year 6,844 10,522

Cash balances in Statement of Financial Position
Cash and short-term deposits 6,844 10,522

LexisNexis 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 87

Gazette.govt.nz — NZ Gazette 2000, No 87

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✨ LLM interpretation of page content

🏭 Network Tasman Limited Information Disclosure (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsElectricity, Information Disclosure, Regulations, Financial Statements, Performance Measures

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