β¨ Financial Statements
WESTPOWER LIMITED - LINES BUSINESS
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2004
| Note | 2004
$000's | 2003
$000's |
|------|----------------|----------------|
CASH FLOWS FROM OPERATING ACTIVITIES
Cash was provided from:
- Receipts from customers | 12,737 | 14,306 |
- Interest received | 46 | 55 |
- Dividend Received | 6 | - |
| 12,789 | 14,361 |
Cash was applied to:
- Payments to suppliers & employees | 6,631 | 6,702 |
- Interest paid | 272 | 437 |
- Taxes paid | 1,256 | 753 |
- Net GST | (95) | 149 |
| 8,064 | 8,041 |
Net cash flows from operating activities | 11 | 4,725 | 6,320 |
CASH FLOWS FROM INVESTING ACTIVITIES
Cash was provided from:
- Proceeds from sale of assets | - | 64 |
- Loan payment received | 50 | 200 |
| 50 | 264 |
Cash was applied to:
- Purchase of fixed assets | 3,781 | 6,501 |
- Purchase of investments | 79 | 31 |
| 3,860 | 6,532 |
Net cash flows from investing activities | (3,810) | (6,268) |
CASH FLOWS FROM FINANCING ACTIVITIES
Cash was provided from:
- Term Loan | 500 | - |
- Contributions from Owners | - | - |
| 500 | - |
Cash was applied to:
- Repayment of Term Loan | 1,250 | 750 |
- Dividends paid | 156 | 156 |
| 1,406 | 906 |
Net cash flows from financing activities | (906) | (906) |
Net increase in cash held | 9 | (854) |
Add opening cash brought forward| 353 | 1,207 |
Transfer of Cash from "Other Business" |
Ending cash carried forward | 362 | 353 |
CASH BALANCES IN THE STATEMENT OF FINANCIAL POSITION
Cash and Bank | 362 | 353 |
The accompanying notes form part of these financial statements
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2005, No 25
Gazette.govt.nz —
NZ Gazette 2005, No 25
β¨ LLM interpretation of page content
π
Westpower Limited Statement of Cash Flows
(continued from previous page)
π Trade, Customs & IndustryCash Flows, Revenue, Expenses, Investments, Financing, Taxes, Dividends