✨ Financial Statements
Counties Power Limited – Line Business
STATEMENT OF CASH FLOWS
For the Year Ended 31 March 2001
| Notes | 31 March 2001 $000 | 31 March 2000 $000 |
|---|
CASHFLOW FROM OPERATING ACTIVITIES
Cash was provided from:
Receipts from customers 25,152 21,620
Interest from cash management — 144
25,152 21,764
Cash was applied to:
Payments to suppliers and employees (9,548) (9,879)
Discounts credited (7,157) (2,331)
Income tax paid (1,436) (1,628)
Interest Paid (406) (427)
Net GST paid (1,021) (1,174)
(19,568) (15,439)
Net Cashflows from operating activities 11 5,584 6,325
CASHFLOW FROM INVESTING ACTIVITIES
Cash was provided from:
Proceeds from sale of plant & property 24 103
Transfer of fixed assets to other business 826 351
850 454
Cash was applied to:
Purchase and construction of fixed assets (7,810) (7,420)
Net cash (used)/generated by investing activities (6,960) (6,966)
CASH FLOWS FROM FINANCING ACTIVITIES
Cash was provided from:
Loan drawdowns 1,376 4,911
Cash was applied to:
Term Loan repayments — (8,667)
Dividend Paid — (250)
— (8,917)
Net cash (used)/generated by financing activities 1,376 (4,006)
Net increase/(decrease) in cash held — (4,647)
Add opening cash/(borrowings) brought forward — 4,647
Ending cash carried forward — —
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2001, No 89
Gazette.govt.nz —
NZ Gazette 2001, No 89
✨ LLM interpretation of page content
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Counties Power Limited Financial Performance
(continued from previous page)
🏭 Trade, Customs & Industry2 August 2001
Electricity, Financial Statements, Operating Revenue, Operating Expenditure, Surplus, Interest Expense, Income Tax, Net Surplus, Equity Movements, Revaluation, Dividend