✨ Financial Statement
Vector Limited
Electricity Lines Business
Statement of Cash Flows
For the year ended 31 March 2006
| Note | 2006 | 2005 | |
|---|---|---|---|
| $'000 | $'000 |
Operating activities
Cash provided from:
-
Receipts from customers | | 558,677 | 541,874 |
-
Interest received on deposits| | 94 | 1,254 |
| | 558,771 | 543,128 |
Cash applied to:
-
Payments to suppliers and employees | | (235,618)| (230,751)|
-
Income tax paid | | (31,958) | (19,814) |
-
Interest paid | | (121,924)| (112,211)|
| | (389,500)| (362,776)|
Net cash from operating activities | | 169,271 | 180,352 |
Investing activities
Cash provided from:
-
Proceeds from sale of investments | | - | 9,525 |
-
Proceeds from sale of property, plant and equipment | | - | 101 |
-
Refund of security deposits | | - | 237 |
| | - | 9,863 |
Cash applied to:
- Purchase and construction of property, plant and equipment | | (125,458)| (86,997) |
Net cash used in investing activities | | (125,458)| (77,134) |
Financing activities
Cash provided from/(applied to):
- Net loan facilities* | | 40,294 | (50,270) |
- Increase in capitalised finance costs | | (15,146) | (2,609) |
- Dividends paid | 8 | (70,200) | (49,100) |
Net cash used in financing activities | | (45,052) | (101,979)|
Net (decrease)/increase in cash balances | | (1,239) | 1,239 |
Cash balances at beginning of the year | | 1,239 | - |
Cash balances at end of the year | | - | 1,239 |
- Cash inflows and outflows have been netted for ease of presentation.
Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2006, No 155
Gazette.govt.nz —
NZ Gazette 2006, No 155
✨ LLM interpretation of page content
🏭
Vector Limited Statement of Cash Flows
(continued from previous page)
🏭 Trade, Customs & Industry1 November 2006
Vector Limited, Cash Flows, Operating Activities, Investing Activities, Financing Activities