New Zealand Gazette – 2005 – No. 23

Page 533

✨ Financial Statements



UNISON NETWORKS LIMITED - LINES BUSINESS

STATEMENT OF CASH FLOWS

For The Year Ended 31 March 2004

| Notes | 2004
$000 | 2003*
$000 |
|-------|----------------|----------------|

CASH FLOWS FROM OPERATING ACTIVITIES

Cash was provided from:

  • Receipts From Customers | 69,413 | 42,364 |
  • Contributions For Capital Works | 4,588 | 2,797 |
  • Taxation Refunds | 253 | - |
  • Interest Received | 97 | 213 |
    | 74,351 | 45,374 |

Cash was disbursed to:

  • Payments To Suppliers | 30,412 | 22,990 |
  • Payments To Employees | 7,317 | 5,680 |
  • Interest Paid On Loans | 13,682 | 4,927 |
  • Income Taxes Paid | 357 | 1,239 |
    | 51,768 | 34,736 |

Net cash flows from operating activities | 13 | 22,583 | 10,638 |

CASH FLOWS FROM INVESTING ACTIVITIES

Cash was provided from:

  • Proceeds From Sale Of Property, Plant and Equipment | 1,446 | 20 |
    | 1,446 | 20 |

Cash was applied to:

  • Purchase of operations - Taupo and Rotorua Region | - | 196,195 |
  • Purchase and Construction Of Property, Plant and Equipment | 14,352 | 15,513 |
    | 14,352 | 211,708 |

Net cash flows from investing activities | (12,906) | (211,688) |

CASH FLOWS FROM FINANCING ACTIVITIES

Cash was received from

  • Borrowings | 600 | 196,500 |
    | 600 | 196,500 |

Cash was applied to:

  • Settlement of Borrowings | 9,500 | 2,000 |
  • Payment of Dividends | 80 | 167 |
    | 9,580 | 2,167 |

Net cash from financing activities | (8,980) | 194,333 |

Net Increase/(Decrease) in Cash Held | 697 | (6,717) |
Cash balances at beginning of year | (3,217) | 3,500 |
CASH BALANCES AT END OF YEAR | (2,520) | (3,217) |

The accompanying Statement of Significant Accounting Policies and Notes form part of and are to be read in conjunction with these Financial Statements. The Financial Statements have been prepared solely for the purpose of complying with Electricity Information Disclosure Requirements pursuant to Section 57T of the Commerce Act 1986.

Comparisons for 2003 include the Hawke's Bay area for the full year and Rotorua/Taupo for 5 months only.



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2005, No 23


Gazette.govt.nz — PDF NZ Gazette 2005, No 23




✨ LLM interpretation of page content

🏭 Statement of Cash Flows for Unison Networks Limited - Lines Business (continued from previous page)

🏭 Trade, Customs & Industry
Cash Flows, Financial Statements, Operating Activities, Investing Activities, Financing Activities, Unison Networks Limited