✨ Financial Statements
17 AUGUST 2005 NEW ZEALAND GAZETTE, No. 128 3107
| 31 March 2005 | 31 March 2004 | |
|---|---|---|
| $000 | $000 |
- CREDITORS, ACCRUALS AND PROVISIONS
Otago Power Services Limited 357 310
Other Trade Creditors & Accruals 852 675
GST Payable 46 56
Provision for Site Restoration - 97
Total Creditors, Accruals and Provisions 1,255 1,138
The site restoration related to clean up costs. The clean up is now complete, therefore the provision is now Nil.
- RECONCILIATION OF NET SURPLUS AFTER TAXATION WITH CASH FLOWS FROM OPERATING ACTIVITIES
Net Surplus After Taxation 2,750 3,293
Plus/(Less) Non Cash Items:
Depreciation 3,457 3,386
Amortisation of Goodwill 757 757
4,214 4,143Plus/(Less) Movements in Working Capital Items:
(Increase)/Decrease in Receivables and Prepayments (333) 166
(Increase)/Decrease in Accounts Payable and Provisions 117 (59)
(Decrease)/Increase in Provision for Taxation - 8
(216) 115Net Cash Flows from Operating Activities 6,748 7,551
- COMMITMENTS
No contractual commitments exist at 31 March 2005 (2004: Nil).
- CONTINGENT LIABILITIES
OtagoNet Joint Venture has no contingent liabilities as at 31 March 2005 (2004: Nil).
- OPERATING LEASE COMMITMENTS
OtagoNet Joint Venture has the following operating lease commitments for tenancy and repeater sites payable as follows:
Not later than one year 2 2
Later than one year and not later than two years 1 2
Later than two years and not later than five years 3 4
Later than five years 2 8
Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2005, No 128
Gazette.govt.nz —
NZ Gazette 2005, No 128
✨ LLM interpretation of page content
🏭
Financial Performance Statement for OtagoNet Joint Venture
(continued from previous page)
🏭 Trade, Customs & IndustryFinancial statements, OtagoNet Joint Venture, Creditors, Accruals, Provisions, Net Surplus, Cash Flows, Commitments, Contingent Liabilities, Operating Lease Commitments