✨ Financial Statements




ELECTRICITY INVERCARGILL LIMITED LINE BUSINESS

STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 MARCH 2007

Group Parent
Note 2007 2006 2007
$000 $000 $000

CASH FLOWS FROM OPERATING ACTIVITIES

Cash Was Provided From:

Receipts from Customers | 14,967 | 13,356 | 7,540 | 8,091 |
Interest Received | 237 | 262 | 167 | 227 |
Dividends Received | - | - | 200 | - |
Sundry Income | 324 | 59 | 43 | 30 |
| 15,528 | 13,677 | 7,950 | 8,348 |

Cash Was Applied To:

Payments to Suppliers | 6,334 | 5,860 | 572 | 591 |
Payments to Employees | 658 | 407 | - | - |
Income Tax Paid | 1,965 | 1,861 | 1,918 | 1,888 |
| 8,957 | 8,128 | 2,490 | 2,479 |

Net Cash Flows From Operating Activities | 6,571 | 5,549 | 5,460 | 5,869 |

CASH FLOWS FROM INVESTING ACTIVITIES

Cash Was Provided From:

Sale of Property, Plant and Equipment | 30 | 17 | 30 | 16 |
Intercompany Advance | - | - | 72 | - |
| 30 | 17 | 102 | 16 |

Cash Was Applied To:

Purchase of Property, Plant and Equipment | 2,147 | 2,323 | 1,976 | 2,260 |
Intercompany Advance | - | - | - | 217 |
| 2,147 | 2,323 | 1,976 | 2,477 |

Net Cash Flows Used in Investing Activities | (2,117) | (2,306) | (1,874) | (2,461) |

CASH FLOWS FROM FINANCING ACTIVITIES

Cash Was Applied To:

Dividend | 2,300 | 4,100 | 2,300 | 4,100 |
| 2,300 | 4,100 | 2,300 | 4,100 |

Net Cash Flows Used in Financing Activities | (2,300) | (4,100) | (2,300) | (4,100) |

Net Increase/(Decrease) in Cash Held | 2,154 | (857) | 1,286 | (692) |
Add Opening Cash Brought Forward | 2,378 | 3,235 | 306 | 998 |

Closing Cash Carried Forward | 4,532 | 2,378 | 1,592 | 306 |

The accompanying notes on pages 6 to 13 form part of and should be read in conjunction with these financial statements.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2008, No 44


Gazette.govt.nz PDF NZ Gazette 2008, No 44





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