✨ Financial Statements




THE LINES COMPANY LIMITED

Line Business Activity

Notes to the Financial Statements

For the Year Ended 31 March 2001

| | 2001
| | $'000 |
|----------------|-------|
| | 2000
| | $'000 |

NOTE 9 : LOANS

"Other" (The Lines Company Activities)

  • 9,763

Perpetual

  • 3,000

Bank of New Zealand Swaps

  • 10,000

Total

  • 22,763
2000
9,763
3,000
11,000
23,763

NOTE 10 : DEFERRED TAX

Fixed Assets

  • 1,426

Accruals & Provisions

  • (768)

Net

  • 658
2000
1,036
(503)
533

NOTE 11 : SHORT TERM LOANS

Bank of New Zealand Swaps

  • 1,000
2000
500

NOTE 12 : SEGMENTAL INFORMATION

The Lines Company Limited operates predominantly in one geographical segment. It is located in the mid-central North Island in the King Country. The head office is located in Te Kuiti.

NOTE 13 : RELATED PARTY TRANSACTIONS

During the year company paid interest on subordinate debentures to Waitomo Energy Services Customer Trust of $79,745.

NOTE 14 : SUBSEQUENT EVENTS

As at year end the company had a capital commitment of $2.4m.

NOTE 15 : CASHFLOW RECONCILIATION WITH NET PROFIT

Net Profit after Tax and Customer Discount

  • 1,562

Add: Non-cash items
Depreciation

  • 1,451
3,013
2,837

Add/Less: Movements in Working Capital
(Increase)/Decrease in Receivables

  • (1,230)

(Increase)/Decrease in Stock

  • (278)

Increase/(Decrease) in Creditors

  • 3,281

Increase/(Decrease) in Provisions

  • 310

Increase/(Decrease) in Other

  • (707)

Net Movements

  • 1,376
2000
2,479
358
47
0
787
(1,061)
809
582

Net cashflows from operating activities

  • 4,389

| | 2000 |
| | 3,419 |



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2001, No 92


Gazette.govt.nz PDF NZ Gazette 2001, No 92





✨ LLM interpretation of page content

🏭 Notes to the Financial Statements for The Lines Company Limited (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Loans, Deferred Tax, Short Term Loans, Segmental Information, Related Party Transactions, Subsequent Events, Cashflow Reconciliation