New Zealand Gazette – 2001 – No. 112

Page 2907

✨ Financial Statements

Interest rate risk

Interest rate risk exposure is limited to bank borrowings. The company has no interest risk hedge contracts.

Fair values

There were no differences between the fair value and carrying amounts of financial instruments as at 31 March 2001 (2000 - no difference).

12. Reconciliation

of net profit after tax with cash inflow from operating activities

	2001
	$000

	2000
	$000

Profit after taxation | 1,029 | 556

Add / (less) non-cash items |

Depreciation | 975 | 821

Add item classified as investing activity |

Capital Loss (gain) on sale of fixed assets | 18 | 37

Movements in working capital |

Increase / (decrease) in accounts payable | (182) | 1,121

(Increase) / decrease in receivables | 70 | 13

Net cash inflow from operating activities | $1,910 | $2,548

13. Contingent liabilities

	2001
	$000

	2000
	$000

a) Guarantee of bank facilities for a subsidiary to a limit of | 700 | 700

At balance date the amount of the bank facilities so guaranteed was | - | -

b) At any point in time the company will be investigating complaints or queries about various aspects of the service it provides to customers, or end-customers. In a number of these, action may be taken against the company. At 31 March 2001 and 2000 there was legal action being taken against the company that remains unresolved. The Directors have been advised that the company has good defence against the action being taken against it and that no provision for any loss is required in the financial statements.

VUW Te Waharoa — NZ Gazette 2001, No 112

Gazette.govt.nz — NZ Gazette 2001, No 112

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

💰 Interest Rate Risk

Domain💰 Finance & Revenue
KeywordsFinancial, Interest Rate Risk, Bank Borrowings

💰 Fair Values of Financial Instruments

Domain💰 Finance & Revenue
KeywordsFinancial, Fair Values, Carrying Amounts

💰 Reconciliation of Net Profit After Tax with Cash Inflow from Operating Activities

Domain💰 Finance & Revenue
KeywordsFinancial, Net Profit, Cash Flow, Operating Activities

💰 Contingent Liabilities

Domain💰 Finance & Revenue
KeywordsFinancial, Contingent Liabilities, Bank Guarantees, Legal Action

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The primary sources for the issues of the NZ Gazette indexed by this project are:

New Zealand Gazette Archive, provided by Victoria University Library, copyright 2008 LexisNexis NZ Limited, Crown Copyright of New Zealand Gazette Office
- Issues from 1841-2008, including the New Munster, New Ulster, and Provincial Gazettes
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Additional Sources

Wellington City Recollect have made available a comprehensive and excellent-quality scan of the Wellington Provincial Gazette which was used to fill in a number of issues missing from Victoria University's Gazette Archive; in particular, all 1856 issues, issues 22-34 for 1864 and issues 9-19 for 1870.
27 issues of The New Zealand Advertiser and Bay of Islands Gazette (1840) were sourced from Papers Past (public domain).
Gazette Extraordinary No. 1 (1840), held at the Alexander Turnbull Library, Wellington, New Zealand. Imaged by Luke Howison at the National Library reading rooms; PDF released into the public domain.

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I'm Luke Howison, a freelance web developer with an interest in genealogy. I have created several websites for genealogical research, such as NZ Ancestor Search Helper.

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