✨ Financial Statements Notes
Note 11. Cash Flows
Reconciliation of Net Cash Flows from Operating Activities
| 2002 | 2001 | |
|---|---|---|
| $ '000 | $ '000 |
Net surplus After Income Tax | 2,946 | 2,301 |
Plus Non Cash Items:
Depreciation | 1,490 | 1,619 |
Writedown of Buildings | | 0 |
| 1,490 | 1,619 |
Movements in Working Capital:
Decrease in Debtors | (107) | (242) |
Increase in Creditors, Accrued Interest | 526 | (465) |
Working Capital Transferred from Other Business | (687) | 140 |
Increase in Income Tax Refund | | |
| (711) | (567) |
Other
Decrease in Gratuities Provision | | - |
Gain (Loss) on Disposal of Assets | | 37 |
Operating Cashflow | 3,725 | 3,390 |
Note 12. ODV Reconciliation Report
| 2002 | 2001 | |
|---|---|---|
| $ '000 | $ '000 |
System fixed assets at ODV at beginning of year | 47,381 | 49,370 |
Add system fixed assets acquired during the year at ODV | 2,201 | 2,654 |
Less system fixed assets disposed of during the year at ODV | 0 | (37) |
Less depreciation system fixed assets at ODV | (1,472) | (1,583) |
Add revaluations of system fixed assets | 435 | (3,023) |
System fixed assets at ODV at end of year | 48,545 | 47,381 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2002, No 119
Gazette.govt.nz —
NZ Gazette 2002, No 119
✨ LLM interpretation of page content
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Westpower Limited Financial Statements Notes
(continued from previous page)
🏭 Trade, Customs & Industry31 March 2002
Financial Statements, Cash Flows, Operating Activities, Net Surplus, Depreciation, Working Capital, ODV, Fixed Assets, Revaluations