✨ Financial Statements
TOP ENERGY LIMITED
FINANCIAL STATEMENTS
SPECIAL PURPOSE FINANCIAL STATEMENTS
STATEMENT OF CASH FLOW
FOR THE YEAR ENDED 31 MARCH 2004
| LINE BUSINESS | ||
|---|---|---|
| 2004 | 2003 | |
| $ | $ | |
| CASH COMPRISES | ||
| Cash on hand | 343 | 343 |
| BNZ current account | (46,207) | 34,323 |
| (45,864) | 34,666 |
RECONCILIATION OF NET PROFIT AFTER TAXATION TO CASH FLOW FROM OPERATING ACTIVITIES
| 2004 | 2003 | |
|---|---|---|
| Reported Net Profit/(Loss) after Taxation | (1,840,489) | 4,567,886 |
| Add/(Less) items classified as investing or financing activities | ||
| Net loss/(profit) on disposal of assets | 105,199 | 19,493 |
| Add/(Less) other non-cash items: | ||
| Change in provisions for leave etc | (33,289) | 85,891 |
| Depreciation | 3,465,727 | 2,793,489 |
| Provision for deferred tax | 4,549,000 | |
| 7,981,438 | 2,879,380 | |
| Add/(Less) movement in other working capital items | ||
| Increase/(decrease) in tax payable | 474,000 | (91,885) |
| (Increase)/decrease in accounts receivable | 960,419 | (412,682) |
| Increase/(decrease) in accounts payable | (102,791) | (100,959) |
| 1,331,628 | (605,526) | |
| NET CASHFLOWS FROM OPERATING ACTIVITIES | 7,577,776 | 6,861,233 |
This statement is to be read in conjunction with the accompanying notes, accounting policies and audit report.
The Financial Statements have been prepared solely for the purpose of complying with requirements 6(2) and 6(3) of the Electricity Information Disclosure Requirements 2004 and are not intended for any other purpose.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2004, No 173
Gazette.govt.nz —
NZ Gazette 2004, No 173
✨ LLM interpretation of page content
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Certification of Financial Statements and Performance Measures for Top Energy Limited
(continued from previous page)
🏭 Trade, Customs & Industry12 December 2004
Financial Statements, Performance Measures, Certification, Top Energy Limited, Electricity Information Disclosure Requirements