✨ Financial Statements
Buller Electricity Limited
Line Business Financial Statements
Statement of Cashflows for the year ended 31 March 2003
| Note | 2003 $ |
|---|---|
| 2002 $ |
Cash Flows from Operating Activities
Cash was provided from:
- Receipts from customers 4,820,289 4,468,376
- Interest received 154,594 225,986
- Taxation Refund 0 0
- Net GST 0 0
4,974,883 4,694,362
Cash was disbursed to:
- Payment to Employees 468,536 430,702
- Payments to Suppliers 2,795,702 2,984,264
- Income Tax Paid 210,000 120,544
3,474,238 3,535,510
Net cash inflow from operating activities 10 1,500,645 1,158,852
Cash Flows from Investing Activities
Cash was provided from:
- Sale of Property, Plant and Equipment 1,305 0
- Sale of Investments 0 0
1,305 0
Cash was applied to:
- Purchase of Property, Plant and Equipment (896,471) (445,084)
- Loan advanced to Related Party (513,650) 0
(1,410,121) (445,084)
Net cash flows from investing activities (1,408,816) (445,084)
Cash Flow from Financing Activities
Cash was provided from:
- Increase in term liabilities 0 0
Cash was applied to:
- Dividend Paid (240,000) (240,000)
Net cash outflow from financing activities (240,000) (240,000)
Net increase in cash held (148,171) 473,768
Add opening cash brought forward 3,862,425 3,388,657
Ending Cash and Term Deposits carried forward 3,714,254 3,862,425
Cash Balances in the Statement of Financial Position
- Cash at Bank and on Hand 162,716 66,356
- Term Deposits 3,551,538 3,796,069
3,714,254 3,862,425
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 98
Gazette.govt.nz —
NZ Gazette 2003, No 98
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Buller Electricity Limited Financial Statements
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🏗️ Infrastructure & Public WorksElectricity, Financial Statements, Cash Flows, Operating Activities, Investing Activities, Financing Activities