New Zealand Gazette – 2001 – No. 73

Page 1733

✨ Financial Statements



16 JULY
NEW ZEALAND GAZETTE
1733

Network Tasman Limited
Line Business Financial Statements

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 22,392 21,354
Interest income received 714 412
Capital contributions from customers 0 0
23,106 21,766
Cash was applied to:
Payments to suppliers and employees 13,841 14,573
Interest expense paid 19 22
Income tax paid 3,254 2,840
17,114 17,435
Net cash flows from operating activities 5,992 4,331
Cash flows from investing activities
Cash was provided from:
Proceeds from sale of fixed assets 4 44
4 44
Cash was applied to:
Purchase of fixed assets 2,461 1,623
(2,457) (1,579)
Net cash flows from investing activities (2,457) (1,579)
Cash flows from financing activities
Cash was applied to:
Dividends paid 2,100 6,430
Repayment of term loans 0 0
2,100 6,430
Net cash flows from financing activities (2,100) (6,430)
Net increase (decrease) in cash balances 1,435 (3,678)
Cash balances at beginning of year 6,844 10,522
Cash balances at end of year 8,279 6,844

The accompanying notes and accounting policies form part of and are to be read in conjunction with this statement.



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2001, No 73


Gazette.govt.nz — PDF NZ Gazette 2001, No 73




✨ LLM interpretation of page content

🏭 Certification of Financial Statements, Performance Measures, and Statistics Disclosed by Line Owners (continued from previous page)

🏭 Trade, Customs & Industry
29 June 2001
Audit, Certification, Valuation, Network Tasman Limited, System Fixed Assets