✨ Financial Statements
28 NOVEMBER 2006
NEW ZEALAND GAZETTE, No. 155
4515
Vector Limited
Electricity Lines Business
Statement of Cash Flows (continued)
For the year ended 31 March 2006
Reconciliation of net surplus after tax to net cash from operating activities
| 2006 | 2005 | |
|---|---|---|
| $000 | $000 | |
| Net surplus after tax | 53,769 | 53,704 |
| Non-cash items | ||
| Depreciation and amortisation | 94,818 | 92,759 |
| Amortisation of the mark to market adjustment | (1,351) | (1,957) |
| Amortisation of capitalised finance costs | 3,899 | 3,270 |
| Movement in deferred tax | 18,897 | 23,588 |
| Movement in provisions | 1,719 | - |
| 117,982 | 117,660 | |
| Items classified as investing and financing activities | ||
| Net (gain)/loss on sale of property, plant and equipment | (110) | 4,626 |
| Gain on sale of investments | - | (1,143) |
| Capitalised costs | - | (2,033) |
| (110) | 1,450 | |
| Movement in working capital | ||
| Increase in payables and accruals | 4,042 | 1,323 |
| Increase in accounts receivable | (3,710) | (613) |
| (Decrease)/increase in provision for income tax | (2,702) | 6,828 |
| (2,370) | 7,538 | |
| Net cash from operating activities | 169,271 | 180,352 |
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