β¨ Financial Statements
WESTPOWER LIMITED - LINES BUSINESS
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2001
| Note | 2001
| $'000 | 2000
| $'000 |
|------|-----------|-----------|
CASH FLOWS FROM OPERATING ACTIVITIES
Cash was provided from:
Receipts from customers | 11,770 | 10,927 |
Interest received | 80 | 75 |
| 11,850 | 11,002 |
Cash was applied to:
Payments to suppliers & employees | 6,664 | 7,279 |
Interest paid | 854 | 1,140 |
Taxes paid | 888 | 450 |
Net GST | 54 | 225 |
| 8,460 | 9,094 |
Net cash flows from operating activities | 11 | 3,390 | 1,908 |
CASH FLOWS FROM INVESTING ACTIVITIES
Cash was provided from:
Proceeds from sale of assets | - | 1,130 |
Sale of Investments | - | 106 |
| - | 1,236 |
Cash was applied to:
Purchase of fixed assets | 2,873 | 2,639 |
Purchase of investments | 24 | - |
| 2,897 | 2,639 |
Net cash flows from investing activities | (2,897) | (1,403) |
CASH FLOWS FROM FINANCING ACTIVITIES
Cash was provided from:
Term Loan | - | - |
Cash was applied to:
Repayment of Term Loan | 900 | 2,850 |
Dividends paid | 97 | 97 |
| 997 | 2,947 |
Net cash flows from financing activities | (997) | (2,947) |
Net increase in cash held | (504) | (2,442) |
Add opening cash brought forward | 245 | 2,687 |
Transfer of Cash from 'Other' Business | 354 | - |
Ending cash carried forward | 95 | 245 |
CASH BALANCES IN THE STATEMENT OF FINANCIAL POSITION
Cash and Bank | 95 | 245 |
The accompanying notes form part of these financial statements
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2001, No 117
Gazette.govt.nz —
NZ Gazette 2001, No 117
β¨ LLM interpretation of page content
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Westpower Limited Statement of Cash Flows
(continued from previous page)
π Trade, Customs & IndustryFinancial Statements, Cash Flows, Operating Activities, Investing Activities, Financing Activities