β¨ Financial Statements
NEW ZEALAND GAZETTE
No. 93
TOP ENERGY LIMITED
SPECIAL PURPOSE FINANCIAL STATEMENTS
FINANCIAL STATEMENTS
STATEMENT OF CASH FLOW
FOR THE YEAR ENDED 31 MARCH 2000
| LINE BUSINESS | ||
|---|---|---|
| 2000 | 1999 | |
| $ | $ |
CASH FLOWS FROM OPERATING ACTIVITIES
Cash was provided from:
Receipts from customers | 16,107,375 | 13,869,819 |
Interest received | - | 11,224 |
Dividends received | | |
GST receivable | 92,147 | 1,346,274 |
| 16,199,522 | 15,227,317 |
Cash was disbursed to:
Payments to suppliers and employees | 11,528,243 | 11,002,924 |
Interest paid | 724,944 | 1,057,904 |
Taxation paid | (83,015) | 162,840 |
| 12,170,172 | 12,223,668 |
Net cash from operating activities | 4,029,350 | 3,003,649 |
CASH FLOWS FROM INVESTING ACTIVITIES
Cash was provided from:
Sale of fixed assets | - | 231,748 |
Other businesses | 1,061,325 | 5,250,626 |
Cash was applied to:
Purchase and construction of fixed assets | 2,358,817 | 2,232,262 |
Net cash used in investing activities | (1,297,492) | 3,250,112 |
CASH FLOWS FROM FINANCING ACTIVITIES
Cash was provided from:
Proceeds of Term Loan | - | - |
Cash was applied to:
Dividends paid | 1,270,000 | 45,000 |
Repayment of loans | 1,800,000 | 5,885,000 |
Net cash from financing activities | (3,070,000) | (5,930,000) |
NET INCREASE/(DECREASE) IN CASH HELD | (338,142) | 323,761 |
OPENING CASH | 236,286 | (87,475) |
CLOSING CASH | (101,856) | 236,286 |
This statement is to be read in conjunction with the accompanying notes, accounting policies and audit report.
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 and are not intended for any other purpose.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2000, No 93
Gazette.govt.nz —
NZ Gazette 2000, No 93
β¨ LLM interpretation of page content
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Certification of Financial Statements and Performance Measures by Top Energy Limited
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ποΈ Infrastructure & Public Works1 August 2000
Electricity, Financial Statements, Performance Measures, Information Disclosure, Top Energy Limited