New Zealand Gazette – 2005 – No. 24

Page 570

✨ Financial Statements



570

NEW ZEALAND GAZETTE, No. 24

21 JANUARY 2005

Statement of Cash Flows

The following are the definitions of the terms used in the statement of cash flows:

a) Cash is considered to be cash on hand, current accounts in banks net of bank overdrafts and short term deposits with banks.

b) Investing activities are those activities relating to the acquisition, holding and disposal of fixed assets and investments. Investments can include securities not falling within the definition of cash.

c) Financing activities are those activities that result in changes in the size and composition of the capital structure. Dividends paid in relation to the capital structure are included in financing activities.

d) Operating activities include all transactions and other events that are not investing or financing activities.

Financial Instruments

Counties Power Limited Line Business had no financial instruments with off-balance sheet risk during or at the end of the year (2003 Nil).

CHANGES IN ACCOUNTING POLICY

During the year there have been no changes in accounting policies.



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2005, No 24


Gazette.govt.nz — PDF NZ Gazette 2005, No 24




✨ LLM interpretation of page content

💰 Counties Power Limited - Accounting Policies (continued from previous page)

💰 Finance & Revenue
Depreciation, Fixed Assets, Electricity Distribution, Buildings, Plant & Equipment, Motor Vehicles, Intangible Assets, Research and Development, Taxation, Statement of Cash Flows, Investing Activities, Financing Activities, Operating Activities, Financial Instruments