β¨ Financial Statements
WEL NETWORKS LIMITED
Statements of Cash Flows (continued)
For the year ended 31 March 2002
| Note | Line Business |
|------|---------------|---------------|
| | 2002 | 2001 |
| | ($000s) | ($000s) |
Reconciliation of net cash flows from operating activities with surplus after taxation.
Surplus after taxation
| | 16,318 | 14,907 |
Non cash items
Depreciation
| | 6,272 | 6,682 |
Total non cash items
| | 6,272 | 6,682 |
Increase/(decrease) in working capital
Trade Debtors
| | 818 | 1,807 |
Other current assets
| | (15) | 33 |
Trade & other creditors
| | (426) | 1,400 |
Customer deposits
| | - | - |
Annual and long service leave provision
| | (25) | (22) |
Provision for taxation
| | (2,691) | (2,128) |
Deferred tax
| | 1,249 | 1,768 |
Net decrease/(increase) in working capital
| | (1,090) | 2,858 |
Items classified as investing activities
Net loss/(gain) on sale of fixed assets
| | 45 | - |
Net cash inflow from operating activities
| | 21,545 | 24,447 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2002, No 118
Gazette.govt.nz —
NZ Gazette 2002, No 118
β¨ LLM interpretation of page content
π
WEL Networks Limited Financial Position Statement
(continued from previous page)
π Trade, Customs & Industry19 June 2002
Financial Position, Cash Flows, Surplus, Depreciation, Working Capital