✨ Financial Statement




HORIZON ENERGY DISTRIBUTION LIMITED - Lines Business

STATEMENT OF CASH FLOWS

For the Year Ended 31 March 2005

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

Lines Business 2005 $000 Lines Business 2004 $000
Surplus Attributable to Shareholders 3,835 5,566

Add/(Less) Items Classified as Investing and Financing Activities:
| Net Gain on Sale of Fixed Assets | (4) | (133) |
| Accounts Payable and Accruals that Relate to the Purchase of Fixed Assets | (63) | 23 |

Add/(Less) Non-Cash Items:
| Depreciation | 2,895 | 2,317 |
| Increase/(Decrease) in Deferred Taxation Liability | 241 | 1,431 |
| | 3,069 | 3,638 |

Add/(Less) Movements in Working Capital Items:
| Decrease/(Increase) in Accounts Receivable | 3 | 210 |
| Increase/(Decrease) in Accounts Payable and Accruals | 276 | 208 |
| Decrease/(Increase) in Inventory | - | - |
| Increase/(Decrease) in Income Tax Payable | 231 | (1,097) |
| | 510 | (679) |

| Net Cash Flow from Operating Activities | 7,414 | 8,525 |



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2005, No 127


Gazette.govt.nz PDF NZ Gazette 2005, No 127





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🏭 Horizon Energy Distribution Limited Statement of Cash Flows (continued from previous page)

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Statement of Cash Flows, Operating Activities, Investing Activities, Financing Activities, Cash Flow, Financial Statement