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New Zealand Gazette – 2001 – No. 110

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✨ Financial Statements

2842

NEW ZEALAND GAZETTE

No. 110

WEL NETWORKS LIMITED

Statements of Cash Flows (continued)

For the year ended 31 March 2001

Note	Line Business 2001 ($000s)	2000 ($000s)
Reconciliation of net cash flows from operating activities with surplus after taxation.
Surplus after taxation	14,907	16,244
Non cash items
Depreciation	6,682	5,821
Total non cash items	6,682	5,821
Increase/(decrease) in working capital
Trade Debtors	1,807	(3,106)
Other current assets	33	(34)
Trade & other creditors	1,400	800
Customer deposits	-	-
Annual and long service leave provision	(22)	55
Provision for taxation	(2,128)	1,750
Deferred tax	1,768	969
Net decrease/(increase) in working capital	2,858	434
Items classified as investing activities
Net loss/(gain) on sale of fixed assets	-	3
Net cash inflow from operating activities	24,447	22,502

VUW Te Waharoa — NZ Gazette 2001, No 110

Gazette.govt.nz — NZ Gazette 2001, No 110

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

🏭 Statement of Cash Flows for WEL Networks Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated31 March 2001
KeywordsCash Flows, Operating Activities, Investing Activities, Financing Activities, WEL Networks

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