New Zealand Gazette – 2004 – No. 172

Page 4297

✨ Financial Statement

HORIZON ENERGY DISTRIBUTION LIMITED - Lines Business

STATEMENT OF CASH FLOWS

For the Year Ended 31 March 2004

Reconciliation of Surplus Attributable to Shareholders to Cash Flow From Operating Activities

	Lines Business 2004 $000	Lines Business 2003 $000
Surplus Attributable to Shareholders	5,566	4,969

Add/(Less) Items Classified as Investing and Financing Activities:
| Net Gain on Sale of Fixed Assets | (133) | (10) |
| Accounts Payable and Accruals that relate |
| to the Purchase of Fixed Assets | 23 | (98) |

Add/(Less) Non-Cash Items:
| Depreciation | 2,317 | 2,329 |
| Increase/(Decrease) in Deferred Taxation Liability | 1,431 | 147 |
| | 3,638 | 2,368 |

Add/(Less) Movements in Working Capital Items:
| Decrease/(Increase) in Accounts Receivable | 210 | 1,527 |
| Increase/(Decrease) in Accounts Payable and Accruals | 208 | (939) |
| Decrease/(Increase) in Inventory | - | 392 |
| Increase/(Decrease) in Income Tax Payable | (1,097) | 359 |
| | (679) | 1,339 |

| Net Cash Flow from Operating Activities | 8,525 | 8,676 |

VUW Te Waharoa — NZ Gazette 2004, No 172

Gazette.govt.nz — NZ Gazette 2004, No 172

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

🏭 Financial Performance Statement for Horizon Energy Distribution Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Performance, Operating Revenue, Operating Expenditure, Interest Expense, Income Tax, Net Surplus, Horizon Energy, Lines Business

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