✨ Financial Statements




COUNTIES POWER LIMITED – 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 PDF NZ Gazette 2003, No 93


Gazette.govt.nz PDF NZ Gazette 2003, No 93





✨ LLM interpretation of page content

πŸ’° Audit Report for Counties Power Limited Line Business (continued from previous page)

πŸ’° Finance & Revenue
16 July 2003
Audit, Financial Statements, Electricity, Information Disclosure, Counties Power Limited