✨ Financial Reconciliation Statement
28 NOVEMBER 2008 NEW ZEALAND GAZETTE, No. 186 4863
TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS
RECONCILIATION OF "NET PROFIT" WITH "NET CASH FLOW FROM OPERATIONS"
| | LINES BUSINESS |
|----------------------------------------|-----------------------|-----------------------|
| | 2008 | 2007 |
| | $000 | $000 |
Operating surplus after tax | 80,205 | 186,491 |
Add (deduct) non-cash items: | | |
- Change in fair value of financial instruments | 44,533 | (107,742) |
- Depreciation and amortisation | 120,465 | 116,064 |
- Deferred tax | (4,535) | 27,637 |
- Impairment | 17 | 1 |
- Imputed interest | 1,055 | 1,118 |
Movements in working capital items: | | |
- Decrease (increase) in trade and other receivables | 34,832 | 4,687 |
- Decrease (increase) in prepayments | (1,751) | (876) |
- Decrease (increase) in stocks of materials | (1,408) | 2,889 |
- (Decrease) increase in trade and other payables, interest payable and deferred income | 33,176 | (16,948) |
- (Decrease) increase in taxation payable | 717 | 2,903 |
- (Decrease) increase in provisions | (267) | (1,133) |
Add (deduct) items classified as investing activities: | | |
- Fixed asset write-offs and loss on sale | 7,115 | 7,043 |
- Capitalised interest | (13,912) | (9,161) |
Net cash flow from operations | 300,242 | 212,973 |
These statements are to be read in conjunction with the accompanying notes.
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NZ Gazette 2008, No 186
✨ LLM interpretation of page content
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Reconciliation of Net Profit with Net Cash Flow from Operations
(continued from previous page)
🏭 Trade, Customs & Industry27 November 2008
Financial Statements, Reconciliation, Net Profit, Cash Flow, Operating Surplus, Depreciation, Amortisation, Working Capital