✨ Financial Statements
26 FEBRUARY 2008
NEW ZEALAND GAZETTE, No. 37
841
Counties Power Limited – Lines Business
STATEMENT OF CASH FLOWS
For the Year Ended 31 March 2007
| 31 March 2007 | 31 March 2006 | |
|---|---|---|
| $000 | $000 |
CASHFLOW FROM OPERATING ACTIVITIES
Cash was provided from:
Receipts from customers | 33,088 | 30,926 |
Tax refund | 290 | - |
Interest from cash management | - | 50 |
GST refund | 215 | - |
| 33,593 | 30,976 |
Cash was applied to:
Payments to suppliers and employees | (16,236) | (10,102) |
Discounts credited | (7,979) | (7,408) |
Income tax paid | (88) | (597) |
Interest Paid | - | - |
Net GST paid | - | (758) |
| (24,303) | (18,865) |
Net Cashflows from operating activities | 9,290 | 12,111 |
CASHFLOW FROM INVESTING ACTIVITIES
Cash was provided from:
Proceeds from sale of plant & property | 490 | 46 |
| 490 | 46 |
Cash was applied to:
Purchase and construction of fixed assets | (14,034) | (10,718) |
| (14,034) | (10,718) |
Net cash (used)/generated by investing activities | (13,544) | (10,672) |
CASH FLOWS FROM FINANCING ACTIVITIES
Cash was applied to:
Term Loan repayments | 4,641 | (1,218) |
Dividend Paid | (300) | (300) |
| 4,341 | (1,518) |
Net cash (used)/generated by financing activities | 4,341 | (1,518) |
Net increase/(decrease) in cash held | 87 | (79) |
Add opening cash/(borrowings) brought forward | 3 | 82 |
Ending cash/(overdraft) carried forward | 90 | 3 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2008, No 37
Gazette.govt.nz —
NZ Gazette 2008, No 37
✨ LLM interpretation of page content
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Statement of Cash Flows for Counties Power Limited – Lines Business
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💰 Finance & Revenue26 February 2008
Cash Flow, Financial Statements, Counties Power Limited, Electricity, Audit