✨ Financial Statements
3494
NEW ZEALAND GAZETTE, No. 134
30 NOVEMBER 2007
TRANSPower NEW ZEALAND LIMITED LINES BUSINESS
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 30 JUNE 2007
LINES BUSINESS 2007 $000 LINES BUSINESS 2006 $000
CASH FLOW FROM OPERATIONS
Cash was provided from:
Receipts from customers 536,030 503,885
Interest received 35,929 35,021
Cash was applied to:
Payments to suppliers and employees (220,511) (165,076)
Tax payments (38,130) (48,426)
Interest paid (101,345) (100,540)
Net cash inflows from operations 212,973 223,864
CASH FLOW FROM INVESTMENTS
Cash was provided from:
Sale of assets 547 3,514
Short term investments 285,724 421,574
Cash was applied to:
Purchase of property, plant and equipment (276,732) (225,387)
Short term investments (285,723) (421,574)
Net cash outflows from investments (276,184) (221,673)
CASH FLOW FROM FINANCING
Cash was provided from:
Increase in loans 891,503 889,526
Cash was applied to:
Dividends paid – (6,414)
Repayment of loans (828,461) (884,099)
Net cash inflows from financing 63,042 (987)
Net increase/(decrease) in cash held (369) 1,004
Opening balance brought forward 2,089 1,084
Closing net cash carried forward 1,719 2,088
Closing net cash carried forward comprises:
Cash and bank 1,919 2,088
These statements are to be read in conjunction with the accompanying notes
RECONCILIATION OF "OPERATING SURPLUS AFTER TAX" WITH "NET CASH FLOW FROM OPERATIONS"
LINES BUSINESS 2007 $000 LINES BUSINESS 2006 $000
Operating surplus after tax 105,385 83,879
Add/(deduct) non-cash items:
Depreciation 116,064 117,639
Capitalised interest (9,161) (6,299)
Movements in working capital items:
Decrease/(increase) in trade and other receivables 4,374 (9,464)
Decrease/(increase) in prepayments (883) 515
Decrease/(increase) in stocks of materials 4,396 1,813
(Decrease)/increase in trade and other liabilities, interest payable and deferred income (9,173) 20,710
(Decrease)/increase in taxation payable 2,903 (3,840)
Increase/(decrease) in provisions (6,975) 9,499
Add/(deduct) items classified as investing activities:
Property, plant and equipment write-offs and loss on sale 7,043 9,422
Net Cash Flow from Operations 212,973 223,864
These statements are to be read in conjunction with the accompanying notes
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2007, No 134
Gazette.govt.nz —
NZ Gazette 2007, No 134
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Transpower New Zealand Limited Lines Business Statement of Cash Flows
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🏭 Trade, Customs & Industry30 November 2007
Financial Statements, Cash Flow, Operations, Investments, Financing, Transpower