✨ Financial Statements
NEW ZEALAND GAZETTE
No. 63
Network Tasman Limited
Line Business Financial Statements
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 | 20,478 | 19,920 |
Interest income received | 785 | 583 |
Capital contributions from consumers | 0 | 0 |
| 21,263 | 20,503 |
Cash was applied to:
Payments to suppliers and employees | 11,952 | 11,147 |
Interest expense paid | 15 | 0 |
Income tax paid | 2,825 | 2,020 |
| 14,792 | 13,167 |
Net cash flows from operating activities | 6,471 | 7,336 |
Cash flows from investing activities
Cash was provided from:
Proceeds from sale of property, plant and equipment | 16 | 10 |
Cash was applied to:
Purchase of property, plant and equipment | 5,107 | 2,357 |
| 5,107 | 2,357 |
Net cash flows from investing activities | (5,091) | (2,347) |
Cash flows from financing activities
Cash was applied to:
Dividends paid | 1,598 | 1,497 |
Repayment of term loans | 0 | 0 |
| 1,598 | 1,497 |
Net cash flows from financing activities | (1,598) | (1,497) |
Net increase (decrease) in cash balances | (218) | 3,492 |
Cash balances at beginning of year | 11,771 | 8,279 |
Cash balances at end of year | 11,553 | 11,771 |
The accompanying notes and accounting policies form part of and are to be read in conjunction with this statement.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 63
Gazette.govt.nz —
NZ Gazette 2003, No 63
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Network Tasman Limited Line Business Financial Statements
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🏭 Trade, Customs & Industry30 May 2003
Financial Statements, Operating Revenue, Operating Expenses, Operating Surplus, Income Tax, Network Tasman Limited