✨ Accounting Policies Continuation
3468 NEW ZEALAND GAZETTE No. 129
STATEMENT OF ACCOUNTING POLICIES (CONTINUED)
Statement of Cash Flows
The following are the definitions of the terms used in the Statement of Cashflows:
(a) Operating Activities includes all transactions and other events that are not investing or financing activities.
(b) Investing Activities are those activities relating to the acquisition, holding and disposal of property, plant and equipment and of investments. Investments include securities not falling within the definition of cash.
(c) Financing Activities are those activities that result in changes in the size and composition of the capital structure. This includes both equity and debt not falling within the definition of cash. Dividends paid in relation to the capital structure are included in financing activities.
(d) Cash is considered to be cash on hand and current accounts in banks, net of bank overdrafts.
Changes in Accounting Policies
There have been no changes in accounting policies and all policies have been applied on a basis consistent with those of the previous year.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 129
Gazette.govt.nz —
NZ Gazette 2003, No 129
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ScanPower Limited Accounting Policies for 2003
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