✨ Financial Statements
WESTPOWER LIMITED - LINES BUSINESS
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2003
| Note | 2003 $ '000 | 2002 $ '000 |
|---|
CASH FLOWS FROM OPERATING ACTIVITIES
Cash was provided from:
-
Receipts from customers: 14,306 | 11,786
-
Interest received: 55 | 72
Total provided: 14,361 | 11,858
Cash was applied to:
-
Payments to suppliers & employees: 6,702 | 6,007
-
Interest paid: 437 | 746
-
Taxes paid: 753 | 1,428
-
Net GST: 149 | (48)
Total applied: 8,041 | 8,133
Net cash flows from operating activities: 11 | 6,320 | 3,725
CASH FLOWS FROM INVESTING ACTIVITIES
Cash was provided from:
-
Proceeds from sale of assets: 64 | -
-
Sale of investments: 200 | -
Total provided: 264 | -
Cash was applied to:
-
Purchase of fixed assets: 6,501 | 3,990
-
Purchase of investments: 31 | 21
Total applied: 6,532 | 4,011
Net cash flows from investing activities: (6,268) | (4,011)
CASH FLOWS FROM FINANCING ACTIVITIES
Cash was provided from:
-
Term Loan: - | -
-
Contributions from Owners: - | 5,000
Total provided: - | 5,000
Cash was applied to:
-
Repayment of Term Loan: 750 | 4,600
-
Dividends paid: 156 | 97
Total applied: 906 | 4,697
Net cash flows from financing activities: (906) | 303
Net increase in cash held: (854) | 17
Add opening cash brought forward: 1,207 | 95
Transfer of Cash from “Other Business”: - | 1,095
Ending cash carried forward: 353 | 1,207
CASH BALANCES IN THE STATEMENT OF FINANCIAL POSITION
- Cash and Bank: 353 | 1,207
The accompanying notes form part of these financial statements
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 127
Gazette.govt.nz —
NZ Gazette 2003, No 127
✨ LLM interpretation of page content
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Westpower Limited Statement of Cash Flows
(continued from previous page)
🏭 Trade, Customs & Industry29 August 2003
Financial Statements, Cash Flows, Operating Activities, Investing Activities, Financing Activities, Revenue, Expenditure, Assets, Liabilities