✨ Financial Statements




NEW ZEALAND GAZETTE

18 AUGUST

2351

POWERCO LIMITED

Statement of Cash Flow

for the year ended 31 March 2000

31 March 2000 31 March 1999
Electricity Line Electricity Line
$000 $000

CASH FLOWS FROM OPERATING ACTIVITIES

Cash was provided from:

Receipts from customers | 89,135 | | 61,424 |
Interest received | 1,199 | | 113 |
Dividends received | 704 | | 20 |
| 91,038 | | 61,557 |

Cash was applied to:

Payments to suppliers and employees | 38,707 | | 31,142 |
Interest paid | 7,469 | | 2,358 |
GST paid | 354 | | |
Payments of income tax | 7,517 | | 10,886 |
| 54,047 | | 44,386 |

OPERATING ACTIVITIES | | 12 | 36,991 | | 17,171 |

CASH FLOWS FROM INVESTING ACTIVITIES

Cash was applied to:

Purchase of short term investments | 33,826 |
Purchase of fixed assets | 13,383 | | 95,967 |
| 47,209 | | 95,967 |

NET CASH INFLOW (OUTFLOW) FROM INVESTING ACTIVITIES | (47,209) | | (95,967) |

CASH FLOWS FROM FINANCING ACTIVITIES

Cash was provided from:

Proceeds from other business | | | 147,505 |
Proceeds from debt | 79,630 | |
| 79,630 | | 147,505 |

Cash was applied to:

Wholesale term advances repaid | 7,458 | | 12,039 |
Repurchase of shares | 15,463 | |
Repayment to other business | 11,869 | |
Refinancing of debt | | | 57,565 |
Dividends paid | 20,207 | | 8,654 |
| 54,997 | | 78,258 |

NET CASH INFLOW FROM FINANCING ACTIVITIES | 24,633 | | 69,247 |

NET INCREASE (DECREASE) IN CASH HELD | 14,416 | | (9,549) |

Opening cash brought forward | (9,842) | | (293) |

ENDING CASH CARRIED FORWARD | 4,574 | | (9,842) |



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2000, No 94


Gazette.govt.nz PDF NZ Gazette 2000, No 94





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🏭 Statement of Cash Flow for Powerco Limited (continued from previous page)

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Cash Flow, Financial Statements, Electricity Line, Powerco Limited