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 PDF NZ Gazette 2003, No 127


Gazette.govt.nz PDF NZ Gazette 2003, No 127





✨ LLM interpretation of page content

🏭 Westpower Limited Statement of Cash Flows (continued from previous page)

🏭 Trade, Customs & Industry
29 August 2003
Financial Statements, Cash Flows, Operating Activities, Investing Activities, Financing Activities, Revenue, Expenditure, Assets, Liabilities