New Zealand Gazette – 2005 – No. 115

Page 2765

✨ Financial Statements



3 AUGUST 2005
NEW ZEALAND GAZETTE, No. 115
2765

ELECTRICITY ASHBURTON LIMITED – LINES BUSINESS
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2005

Note 2005 $ 2004 $
CASH FLOWS FROM OPERATING ACTIVITIES:
Cash was Provided from:
Receipts from Customers 19,958,287 18,837,462
Interest 4,226 10,435
19,962,513 18,847,897
Cash was Disbursed for:
Payment to Suppliers & Employees (12,390,016) (7,991,480)
Interest Paid (969,706) (1,016,029)
Net G S T Movement (37,649) 48,018
Taxation Expenses (985,139) (275,006)
(14,382,510) (9,234,497)
Net Cash Flows from Operating Activities 5,580,003 9,613,400
CASH FLOWS FROM INVESTING ACTIVITIES:
Cash was Provided from:
Sale of Fixed Assets 356,759 1,997,588
356,759 1,997,588
Cash was Applied to:
Distribution System Improvements (8,037,093) (6,621,716)
Other Fixed Asset Additions (645,411) (518,796)
(8,682,504) (7,140,512)
Net Cash Flows Used in Investing Activities (8,316,745) (5,142,924)
CASH FLOWS FROM FINANCING ACTIVITIES:
Cash was Provided from:
Contribution from Owners 9,100 34,300
Loan Received 0 0
9,100 34,300
Cash was Applied to:
Industry & Loan Repayments 2,350,000 (3,500,000)
Dividend (1,173,000) 0
1,177,000 (3,500,000)
Net Cash Flows From Financing Activities 1,186,100 (3,465,700)
NET INCREASE (DECREASE) IN CASH HELD
Opening Cash Brought Forward (1,550,642) 1,004,996
(1,765,082) (2,769,858)
Ending Cash Carried Forward ($3,315,724) $ (1,765,082)
REPRESENTED BY:
Bank Account ($3,315,724) $ (1,765,082)

The accompanying notes form part of these financial statements



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VUW Te Waharoa — PDF NZ Gazette 2005, No 115


Gazette.govt.nz — PDF NZ Gazette 2005, No 115




✨ LLM interpretation of page content

🏭 Statement of Cash Flows for Electricity Ashburton Ltd (continued from previous page)

🏭 Trade, Customs & Industry
Financial statements, Cash flows, Operating activities, Investing activities, Financing activities, Electricity, Ashburton