New Zealand Gazette – 2005 – No. 3

Page 63

✨ Financial Statements



14 JANUARY 2005
NEW ZEALAND GAZETTE, No. 3
63

WEL NETWORKS LIMITED

Statements of Cash Flows (continued)
For the year ended 31 March 2004

Note Line Business 2004 ($000s) 2003 ($000s)
Reconciliation of net cash flows from operating activities with surplus after taxation.
Surplus after taxation 10,944 12,073
Non cash items
    Depreciation 6,243 6,231
    Deferred tax 2,614 711
Total non cash items 8,857 6,942
Increase/(decrease) in working capital
    Trade Debtors 11,079 1,330
    Other current assets (19) (90)
    Trade & other creditors 2,298 (1,335)
    Customer deposits - -
    Annual and long service leave provision 21 16
    Provision for taxation 807 4,081
Net decrease/(increase) in working capital 14,186 4,002
Items classified as investing activities
    Net loss/(gain) on sale of fixed assets 107 189
Net cash inflow from operating activities 34,094 23,206


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2005, No 3


Gazette.govt.nz — PDF NZ Gazette 2005, No 3




✨ LLM interpretation of page content

🏭 Statement of Cash Flows for WEL Networks Limited (continued from previous page)

🏭 Trade, Customs & Industry
11 November 2004
Financial Statements, Cash Flows, Operating Activities, Investing Activities, Financing Activities, WEL Networks Limited