New Zealand Gazette – 2001 – No. 117

Page 3020

✨ Financial Statements



3020 NEW ZEALAND GAZETTE No. 117

Note 11. Cash Flows

Reconciliation of Net Cash Flows from Operating Activities

| | 2001
| | $ '000 | 2000
| | | $ '000 |
|----------------|--------|--------|
| Net surplus After Income Tax | 2,301 | 882 |

Plus Non Cash Items:
| Depreciation | 1,619 | 1,539 |
| Writedown of Buildings | | 463 |
| | 1,619 | 2,002 |

Movements in Working Capital:
| Movement in Debtors & Other Current Assets | (242) | (155) |
| Movement in Creditors & Accrued Interest | (465) | (1,510)|
| Movement in Income Tax Payable/Receivable | 140 | (79) |
| | (567) | (1,744)|

Other
| Decrease in Gratuities Provision | - | (66) |
| (Gain) Loss on Disposal of Assets | 37 | 834 |
| | 37 | 768 |

| Operating Cash Flow | 3,390 | 1,908 |

Note 12. ODV Reconciliation Report

| | 2001
| | $ '000 | 2000
| | | $ '000 |
|----------------|--------|--------|
| System fixed assets at ODV at beginning of year | 49,370 | 50,332 |
| Add system fixed assets acquired during the year at ODV | 2,654 | 1,852 |
| Less system fixed assets disposed of during the year at ODV | (37) | (1,302)|
| Less depreciation system fixed assets at ODV | (1,583) | (1,512)|
| Adjusted system fixed assets at ODV at end of year | 50,404 | 49,370 |
| Less revaluations of system fixed assets | (3,023) | - |
| System fixed assets at ODV at end of year | 47,381 | 49,370 |



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2001, No 117


Gazette.govt.nz — PDF NZ Gazette 2001, No 117




✨ LLM interpretation of page content

🏭 Westpower Limited Notes to Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
Cash Flows, Operating Activities, Net Surplus, Depreciation, Working Capital, Gratuities Provision, Asset Disposal, ODV Reconciliation, Fixed Assets