✨ Financial Statements
TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 30 JUNE 2003
| LINES BUSINESS | LINES BUSINESS |
|---|---|
| 2003 | 2002 |
| $000 | $000 |
CASH FLOW FROM OPERATIONS
Cash was provided from:
- Receipts from customers: 441,458 | 517,327
- Interest received: 4,120 | 6,055
Cash was applied to:
- Payments to suppliers and employees: (196,447) | (197,471)
- Tax payments: (23,192) | (3,191)
- Interest paid: (81,896) | (95,158)
Net cash inflows from operations: 144,043 | 233,944
CASH FLOW FROM INVESTMENTS
Cash was provided from:
- Sale of assets: 2,321 | 1,422
- Short term investments: 842,460 | 708,999
Cash was applied to:
- Purchase of fixed assets: (99,322) | (84,116)
- Short term investments: (834,050) | (718,886)
Net cash outflows from investments: (88,591) | (92,581)
CASH FLOW FROM FINANCING
Cash was provided from:
- Increase in loans: 1,035,167 | 1,060,931
Cash was applied to:
- Dividends paid: (27,766) | (76,329)
- Repayment of loans: (1,061,886) | (1,126,167)
Net cash outflows from financing: (54,486) | (141,565)
Net increase/(decrease) in cash held: 967 | (202)
Opening balance brought forward: (1,719) | (1,517)
Closing net cash carried forward: (752) | (1,719)
Closing net cash carried forward comprises:
- Cash and bank: - | 9
- Bank overdraft: (752) | (1,738)
These statements are to be read in conjunction with the accompanying notes.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 162
Gazette.govt.nz —
NZ Gazette 2003, No 162
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Transpower New Zealand Limited Lines Business Statement of Cash Flows
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🏭 Trade, Customs & Industry17 November 2003
Cash flows, Receipts, Payments, Investments, Financing, Statement of cash flows