✨ Financial Statements
TOP ENERGY LIMITED
SPECIAL PURPOSE FINANCIAL STATEMENTS
FINANCIAL STATEMENTS
STATEMENT OF CASH FLOW
FOR THE YEAR ENDED 31 MARCH 2002
| LINE BUSINESS | ||
|---|---|---|
| 2002 | 2001 | |
| $ | $ | |
| CASH FLOWS FROM OPERATING ACTIVITIES | ||
| Cash was provided from: | ||
| Receipts from customers | 18,911,502 | 18,423,726 |
| Interest received | ||
| Dividends received | ||
| GST receivable | 164,146 | |
| 18,911,502 | 18,587,872 |
| Cash was disbursed to: | | |
| Payments to suppliers and employees | 9,192,261 | 10,138,031 |
| Interest paid | 688,714 | 742,075 |
| Taxation paid | 1,402,430 | 584,000 |
| GST Payable | 1,206,472 | |
| | 12,489,877 | 11,464,106 |
| Net cash from operating activities | 6,421,625 | 7,123,766 |
| CASH FLOWS FROM INVESTING ACTIVITIES |
| Cash was provided from: |
| Sale of fixed assets | 3,676,362 | 134,055 |
| Other businesses | | |
| Cash was applied to: | | |
| Purchase and construction of fixed assets | 4,544,713 | 3,935,105 |
| Net cash used in investing activities | (868,351) | (3,801,050) |
| CASH FLOWS FROM FINANCING ACTIVITIES |
| Cash was provided from: |
| Proceeds of Term Loan | | 500,000 |
| Cash was applied to: | | |
| Dividends paid | 4,350,000 | 3,800,000 |
| Repayment of loans | 1,100,000 | |
| Net cash from financing activities | (5,450,000) | (3,300,000) |
| NET INCREASE/(DECREASE) IN CASH HELD | 103,274 | 22,716 |
| OPENING CASH | (79,140) | (101,856) |
| CLOSING CASH | 24,134 | (79,140) |
This statement is to be read in conjunction with the accompanying notes, accounting policies and audit report.
The Financial Statements have been prepared solely for the purpose of complying with regulations 6(2) and 6(3) of the Electricity (Information Disclosure) Regulations 1999 and are not intended for any other purpose.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2002, No 116
Gazette.govt.nz —
NZ Gazette 2002, No 116
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Certification of Financial Statements and Performance Measures by Top Energy Limited
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🏭 Trade, Customs & Industry18 July 2002
Financial Statements, Performance Measures, Electricity, Information Disclosure, Top Energy Limited