✨ Financial Statements
NELSON ELECTRICITY LIMITED
Statement of Cash Flows for the Year Ended 31 March 2003
| 2003 Line Business | 2002 Line Business |
|---|
CASH FLOWS FROM OPERATING ACTIVITIES
Cash was Provided From
- Receipts from Customers | 6,468 | 6,960 |
- Interest Received | 87 | 78 |
| 6,555 | 7,038 |
Cash was Applied to
- Payments to Suppliers | (2,892) | (2,313) |
- Interest Paid | (65) | (62) |
- Net GST Paid | 60 | 12 |
- Taxation Paid | (1,112) | (1,443) |
| (4,009) | (3,806) |
Net Cash Flow From Operating Activities | 2,546 | 3,232 |
CASH FLOW FROM INVESTING ACTIVITIES
Cash was Provided From
- Proceeds From Sale of Fixed Assets | 8 | 2 |
Cash was Applied to
- Purchase of Fixed Assets | (494) | (346) |
Net Cash Flow From Investing Activities | (486) | (344) |
CASH FLOW FROM FINANCING ACTIVITIES
Cash was Applied to
- Settlement Of Term Debt | 0 | 0 |
- Payment of Dividends | (1,700) | (2,200) |
Net Cash Flow From Financing Activities | (1,700)| (2,200) |
Net Increase in Cash Held | 360 | 688 |
Opening Cash Bought Forward | 774 | 86 |
Cash Balance at End of Year | 1,134 | 774 |
Reconciliation of Surplus After Taxation With Cash Flow From Operating Activities
Net Surplus After Taxation | 1,877 | 2,084 |
Add/(Less) Non Cash Items
- Depreciation | 575 | 606 |
- Amortisation of Lease Buy-out | 0 | 611 |
- Movement in Deferred Taxation | 141 | 101 |
| 716 | 1,318 |
Add/(Less) Movements in Working Capital
- (Increase)/Decrease in Receivables | (174) | 115 |
- (Increase)/Decrease in Inventories | 0 | (21) |
- Increase/(Decrease) in Creditors and Accruals | 175 | (156) |
- Increase/(Decrease) in Taxation | (73) | (21) |
| (72) | (80) |
Less Items Classified as Investing Activities
- New Land Vested | 0 | (93) |
- Capital Expenditure in Creditors (net movement) | 25 | 3 |
Net cash Flow from Operating Activities | 2,546 | 3,232
Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 107
Gazette.govt.nz —
NZ Gazette 2003, No 107
✨ LLM interpretation of page content
🏭
Nelson Electricity Limited Financial Performance
(continued from previous page)
🏭 Trade, Customs & IndustryFinancial Statements, Income, Expenditure, Surplus, Taxation, Equity, Nelson Electricity Limited