✨ Financial Statements
4204 NEW ZEALAND GAZETTE, No. 146 22 NOVEMBER 2006
| 2006 $000's | 2005 $000's |
|---|
- Reconciliation of net surplus after taxation with net cash flow from operating activities
Net surplus after tax | 34,537 | 24,498 |
Non cash items:
Depreciation | 24,413 | 23,761 |
Deferred tax | 5,943 | 5,444 |
Asset write offs | 1,198 | 1,983 |
Subsidised assets | (4,263) | (2,745) |
Other | 210 | 210 |
Movements in other working capital items:
(Increase)/decrease in debtors | (598) | 691 |
(Increase)/decrease in interest receivable| - | - |
(Increase)/decrease in stocks | 217 | (779) |
Increase/(decrease) in creditors | (3,593) | 10,325 |
Increase/(decrease) in interest payable | - | - |
(Increase)/decrease in tax asset | (220) | (2,255) |
Items classified as an investing activity:
Net profit on sale of property, plant and equipment| (156) | (201) |
Net cash inflow from operating activities | 57,688 | 60,932 |
- Contingent assets and liabilities
There were no material contingent assets or contingent liabilities as at 31 March 2006 or as at 31 March 2005.
- Commitments
At balance date, capital commitments were as follows:
| 2006 $000's | 2005 $000's | |
|---|---|---|
| Distribution system | 6,343 | 3,745 |
| Other | - | - |
| 6,343 | 3,745 |
At balance date, lease commitments were as follows:
| Year | 2006 $000's | 2005 $000's |
|---|---|---|
| 2007 | 52 | 58 |
| 2008 | 52 | 58 |
| 2009 | 52 | 58 |
| 2010 | 52 | 58 |
| 2011 and beyond | 520 | 581 |
Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2006, No 146
Gazette.govt.nz —
NZ Gazette 2006, No 146
✨ LLM interpretation of page content
🏭
Financial Disclosure for Orion New Zealand Limited
(continued from previous page)
🏭 Trade, Customs & Industry7 November 2006
Financial Statements, Equity, Share Capital, Retained Earnings, Revaluation Reserve, Financial Instruments, Fair Value, Interest Rate Risk, Interest Rate Swaps