New Zealand Gazette – 2001 – No. 87

Page 2231

✨ Financial Statements

HORIZON ENERGY DISTRIBUTION LIMITED

Financial Statements for the purposes of the Electricity (Information Disclosure) Regulations 1999 and the Electricity (Information Disclosure) Amendment Regulations 2000

STATEMENT OF CASH FLOWS

For the Year Ended 31 March 2001

Reconciliation of Surplus Attributable to Shareholders to Cash Flow From Operating Activities

	Lines Business 2001	Lines Business 2000
	$000	$000

Surplus Attributable to Shareholders | 4,887 | 3,598

Add/(Less) Items Classified as Investing and Financing Activities:

Net Gain on Sale of Fixed Assets | - | (72)
Accounts Payable and Accruals that relate to the Purchase of Fixed Assets | 43 | (24)

Add/(Less) Non-Cash Items:

Depreciation | 2,384 | 2,283
Increase/(Decrease) in Deferred Taxation Liability | (296) | 209
| | 2,131 | 2,396

Add/(Less) Movements in Working Capital Items:

Decrease/(Increase) in Accounts Receivable | (374) | (14)
Increase/(Decrease) in Accounts Payable and Accruals | 1,556 | 442
Decrease/(Increase) in Inventory | (3) | 133
Increase/(Decrease) in Income Tax Receivable | 563 | 871
| | 1,742 | 1,432

Net Cash Flow from Operating Activities | 8,760 | 7,426

VUW Te Waharoa — NZ Gazette 2001, No 87

Gazette.govt.nz — NZ Gazette 2001, No 87

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✨ LLM interpretation of page content

🏗️ Financial Statements for Horizon Energy Distribution Limited (continued from previous page)

Domain🏗️ Infrastructure & Public Works
KeywordsElectricity, Financial Statements, Revenue, Expenditure, Horizon Energy Distribution Limited

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