✨ Financial Statements Continuation
9 AUGUST
NEW ZEALAND GAZETTE
2585
THE LINES COMPANY LIMITED-LINE BUSINESS ACTIVITY
| NOTE 6 : LOANS | 2002 $'000' | 2001 $'000' |
|---|---|---|
| "Other" (The Lines Company Activities) | 9,763 | 9,763 |
| Perpetual | 3,000 | 3,000 |
| Bank of New Zealand Swaps | 9,000 | 10,000 |
| 21,763 | 22,763 |
NOTE 7 : DEFERRED TAX
| Fixed Assets | 1,346 | 1,426 |
|---|---|---|
| Accruals & Provisions | (229) | (768) |
| 1,117 | 658 |
NOTE 8 : SHORT TERM LOANS
| Bank of New Zealand Swaps | 1,000 | 1,000 |
|---|---|---|
| 1,000 | 1,000 |
NOTE 9 : 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 10 : CAPITAL COMMITMENT
As at year end the company had a capital commitment of $484,000 (2001: $2.4 million).
NOTE 11 : CASHFLOW RECONCILIATION WITH NET PROFIT
| Net Profit after Tax and Customer Discount | 875 | 1,562 |
|---|---|---|
| Add: Non cash items | ||
| Depreciation | 2,661 | 1,451 |
| 3,537 | 3,013 | |
| Add/Less: Movements in Working Capital | ||
| (Increase)/Decrease in Receivables | 926 | (1,230) |
| (Increase)/Decrease in Stock | (226) | (278) |
| Increase/(Decrease) in Creditors | (154) | 3,281 |
| Increase/(Decrease) in Provisions | 387 | 310 |
| Increase/(Decrease) in Other | 459 | (707) |
| 1,392 | 1,376 | |
| Net cashflows from operating activities | 4,929 | 4,389 |
Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2002, No 95
Gazette.govt.nz —
NZ Gazette 2002, No 95
✨ LLM interpretation of page content
🏭
Notes to the Financial Statements for The Lines Company Limited
(continued from previous page)
🏭 Trade, Customs & IndustryFinancial Statements, Loans, Deferred Tax, Short Term Loans, Segmental Information, Capital Commitment, Cashflow Reconciliation, The Lines Company Limited