✨ 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 PDF NZ Gazette 2005, No 25


Gazette.govt.nz PDF NZ Gazette 2005, No 25





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🏭 Westpower Limited Statement of Cash Flows (continued from previous page)

🏭 Trade, Customs & Industry
Cash Flows, Revenue, Expenses, Investments, Financing, Taxes, Dividends