✨ Financial Statements
3126
NEW ZEALAND GAZETTE, No. 129
17 AUGUST 2005
TOP ENERGY LIMITED
SPECIAL PURPOSE FINANCIAL STATEMENTS
FINANCIAL STATEMENTS
STATEMENT OF CASH FLOW
FOR THE YEAR ENDED 31 MARCH 2005
| LINE BUSINESS | 2005 $ | 2004 $ |
|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES | ||
| Cash was provided from: | ||
| Receipts from customers | 21,420,439 | 21,319,051 |
| Interest received | ||
| Dividends received | 54,019 | 33,575 |
| GST receivable | ||
| 21,474,458 | 21,352,626 | |
| Cash was disbursed to: | ||
| Payments to suppliers and employees | 12,690,877 | 11,672,618 |
| Interest paid | 654,218 | 630,232 |
| Taxation paid | 1,946,000 | 1,472,000 |
| GST Payable | ||
| 15,291,095 | 13,774,850 | |
| Net cash from operating activities | 6,183,363 | 7,577,776 |
| CASHFLOWS FROM INVESTING ACTIVITIES | ||
| Cash was provided from: | ||
| Sale of fixed assets | 3,484,058 | 2,711,366 |
| Other businesses | ||
| Cash was applied to: | ||
| Purchase and construction of fixed assets | 5,625,162 | 4,419,672 |
| Net cash used in investing activities | (2,141,104) | (1,708,306) |
| CASHFLOWS FROM FINANCING ACTIVITIES | ||
| Cash was provided from: | ||
| Proceeds of Term Loan | 1,500,000 | |
| Cash was applied to: | ||
| Dividends paid | 5,500,000 | 5,350,000 |
| Repayment of loans | 600,000 | |
| Net cash from financing activities | (4,000,000) | (5,950,000) |
| NET INCREASE/(DECREASE) IN CASH HELD | 42,259 | (80,530) |
| OPENING CASH | (45,864) | 34,666 |
| CLOSING CASH | (3,605) | (45,864) |
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 2005, No 129
Gazette.govt.nz —
NZ Gazette 2005, No 129
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Special Purpose Financial Statements for Top Energy Limited
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