✨ Financial Statements and Risk Disclosures
22 AUGUST 2005 NEW ZEALAND GAZETTE, No. 134 3275
Interest rate risk
Interest rate risk exposure is limited to bank borrowings. The company has no interest risk hedge contracts.
Fair values
There were no differences between the fair value and carrying amounts of financial instruments as at 31 March 2005.
12. Reconciliation
of net profit after tax with cash inflow from operating activities
| 2005 $\'000 | 2004 $\'000 | |
|---|---|---|
| Profit/(loss) after taxation | (10) | 328 |
| Add / (less) non-cash items | ||
| Depreciation | 3,906 | 3,088 |
| Add item classified as investing activity | ||
| Capital Loss (gain) on sale of fixed assets | 387 | 24 |
| Movements in working capital | ||
| Increase / (decrease) in accounts payable | 683 | (52) |
| (Increase) / decrease in receivables | (659) | (165) |
| Net cash inflow from operating activities | $4,307 | $3,223 |
13. Contingent liabilities
| 2005 $\'000 | 2004 $\'000 | |
|---|---|---|
| a) Guarantees of bank facilities for a subsidiary to a limit of | 950 | 950 |
At balance date the amount of the bank facilities so guaranteed was | - | - |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2005, No 134
Gazette.govt.nz —
NZ Gazette 2005, No 134
✨ LLM interpretation of page content
💰 Interest Rate Risk Disclosure
💰 Finance & RevenueInterest rate risk, bank borrowings, financial instruments
💰 Fair Values of Financial Instruments
💰 Finance & RevenueFair value, financial instruments, carrying amounts
💰 Reconciliation of Net Profit with Operating Cash Flow
💰 Finance & RevenueReconciliation, net profit, cash flow, operating activities, financial statements
💰 Contingent Liabilities Disclosure
💰 Finance & RevenueContingent liabilities, guarantees, bank facilities