✨ Financial Statements
STATEMENT OF CASH FLOWS
For the Year Ended 31 March 2001
| 2001 | 2000 | |
|---|---|---|
| $000 | $000 |
Cash Flows from Operating Activities
Cash Was Provided From:
Receipts from customers | 18,507 | 12,673 |
Cash was applied to:
Payments to Suppliers, Employees and Customers | (16,617) | (9,141) |
Income Tax Paid | (1,020) | (871) |
Net Cash Flows from Operating Activities | 870 | 2,661 |
Cash Flows from Investing Activities
Cash was provided from:
Interest Received | 430 | 173 |
Proceeds From Sale of Fixed Assets | 7 | 4,889 |
| 437 | 5,062 |
Cash was Applied To:
Interest Paid | (51) | - |
Purchase of Fixed Assets | (1,848)| (1,130)|
Net Cash Flows from Investing Activities | (1,462)| 3,932 |
Cash Flows from Financing Activities
Cash Was Applied to:
Payment of Dividend | (100) | - |
Settlement of Internal/Term Debt | - | (2,000)|
Net Cash Flows from Financing Activities | (100) | (2,000)|
Net Increase(Decrease) in Cash Held | (692) | 4,592 |
Cash at Beginning of Year | 6,350 | 1,758 |
Cash at End of Year | 5,658 | 6,350 |
Reconciliation of Operating Surplus after Taxation with Cash Flows from Operating Activities
Operating Surplus after Taxation | 2,388 | 2,268 |
Less Net Interest (Revenue) / Expense | (379) | (173) |
Non Cash Items
Depreciation | 1,292 | 1,219 |
Change in Future Income Tax Benefits | (7) | (62) |
Change in Non Current Employee Entitlements | (1) | (54) |
(Profit) / Loss on Sale of Fixed Assets | (3) | 136 |
| 3,289 | 3,334 |
Movements in Working Capital Items
(Increase) / Decrease in Accounts Receivable | (1,146)| (1,201)|
(Increase) / Decrease in Inventories | (140) | (99) |
Increase / (Decrease) in Accounts Payable | (1,339)| 329 |
Increase / (Decrease) in Taxation Payable | 207 | 288 |
| (2,419)| (673) |
Net Cash Flows from Operating Activities | 870 | 2,661 |
The accompanying notes form an integral part of these financial statements.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2001, No 121
Gazette.govt.nz —
NZ Gazette 2001, No 121
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Marlborough Lines Limited Financial Statements
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