✨ Financial Statement
NEW ZEALAND GAZETTE, No. 171
22 DECEMBER 2004
4257
TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 30 JUNE 2004
| LINES BUSINESS 2004 $000 | LINES BUSINESS 2003 $000 |
|---|
CASH FLOW FROM OPERATIONS
Cash was provided from:
Receipts from customers | 431,386 | 441,458 |
Interest received | 5,537 | 4,120 |
Cash was applied to:
Payments to suppliers and employees | (172,963) | (196,447) |
Income tax payments | (18,820) | (23,192) |
Interest paid | (78,407) | (81,896) |
Net cash inflows from operations | 166,933 | 144,043 |
CASH FLOW FROM INVESTMENTS
Cash was provided from:
Sale of assets | 453 | 2,321 |
Short term investments | 569,646 | 842,460 |
Cash was applied to:
Purchase of fixed assets | (96,596) | (99,322) |
Short term investments | (569,138) | (834,050) |
Net cash outflows from investments | (95,635) | (88,591) |
CASH FLOW FROM FINANCING
Cash was provided from:
Increase in loans | 958,970 | 1,035,167 |
Cash was applied to:
Dividends paid | (16,743) | (27,766) |
Repayment of loans | (1,012,651) | (1,196,886) |
Net cash outflows from financing | (69,824) | (54,485) |
Net increase/decrease in cash held | 1,474 | 967 |
Opening balance brought forward | (752) | (1,719) |
Closing net cash carried forward comprises:
Cash and bank | 722 | — |
Bank overdraft | — | (752) |
| 722 | (752) |
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 2004, No 171
Gazette.govt.nz —
NZ Gazette 2004, No 171
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Financial Performance of Transpower New Zealand Limited Lines Business
(continued from previous page)
🏭 Trade, Customs & Industry22 December 2004
Financial Performance, Cash Flows, Revenue, Expenditure