New Zealand Gazette – 2002 – No. 113

Page 2999

✨ 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, 2001

STATEMENT OF CASH FLOWS

For the Year Ended 31 March 2002

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

	Lines Business 2002	Lines Business 2001
	$000	$000

Surplus Attributable to Shareholders | 6,757 | 4,887 |

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

Net Gain on Sale of Fixed Assets | (16) | - |
Accounts Payable and Accruals that relate to the Purchase of Fixed Assets | (135) | 43 |

Add/(Less) Non-Cash Items:

Depreciation | 2,376 | 2,384 |
Increase/(Decrease) in Deferred Taxation Liability | (158) | (296) |
| 2,067 | 2,131 |

Add/(Less) Movements in Working Capital Items:

Decrease/(Increase) in Accounts Receivable | (972) | (374) |
Increase/(Decrease) in Accounts Payable and Accruals | (687) | 1,556 |
Decrease/(Increase) in Inventory | (82) | (3) |
Increase/(Decrease) in Income Tax Receivable | 1,266 | 563 |
| (475) | 1,742 |

Net Cash Flow from Operating Activities | 8,349 | 8,760 |

VUW Te Waharoa — NZ Gazette 2002, No 113

Gazette.govt.nz — NZ Gazette 2002, No 113

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✨ LLM interpretation of page content

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

Domain🏗️ Infrastructure & Public Works
KeywordsElectricity, Financial Performance, Revenue, Expenditure, Taxation, Horizon Energy, Distribution

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