β¨ Financial Statements
COUNTIES POWER LIMITED β LINE BUSINESS
STATEMENT OF CASH FLOWS
For the Year Ended 31 March 2003
| Notes | 31 March 2003 $000 | 31 March 2002 $000 |
|---|
CASHFLOW FROM OPERATING ACTIVITIES
Cash was provided from:
-
Receipts from customers
26,084
25,424
-
Interest from cash management
Total
26,084
25,424
Cash was applied to:
-
Payments to suppliers and employees
(10,091)
(10,161)
-
Discounts credited
(7,438)
(7,240)
-
Income tax paid
(356)
(463)
-
Interest Paid
(33)
(414)
-
Net GST paid
(749)
(58)
(18,667)
(18,336)
Net Cash Flows from operating activities
11
7,119
7,088
CASHFLOW FROM INVESTING ACTIVITIES
Cash was provided from:
-
Proceeds from sale of plant & property
33
210
Total
33
210
Cash was applied to:
-
Purchase and construction of fixed assets
(6,664)
(7,523)
Total
(6,664)
(7,523)
Net cash (used)/generated by investing activities
(6,631)
(7,313)
CASH FLOWS FROM FINANCING ACTIVITIES
Cash was provided from:
-
Loan drawdowns
975
Cash was applied to:
-
Term Loan repayments
(319)
-
Dividend Paid
(225)
(750)
Total
(544)
(750)
Net cash (used)/generated by financing activities
(544)
225
Net increase/(decrease) in cash held
(56)
Add opening cash/(borrowings) brought forward
Ending cash/(overdraft) carried forward
(56)
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 93
Gazette.govt.nz —
NZ Gazette 2003, No 93
β¨ LLM interpretation of page content
π°
Audit Report for Counties Power Limited Line Business
(continued from previous page)
π° Finance & Revenue16 July 2003
Audit, Financial Statements, Electricity, Information Disclosure, Counties Power Limited