New Zealand Gazette – 2008 – No. 53

Page 1473

✨ Financial Statements



UNISON NETWORKS LIMITED - LINES BUSINESS

STATEMENT OF CASH FLOWS

For the year ended 31 March 2007

| Notes | 2007
| $000 | 2006
| $000 |

Cash flows from operating activities

Cash was provided from:

  • Receipts from customers | 86,987 | 86,240
  • Contributions for capital works | 6,021 | 7,989
  • Taxation refunds | — | —
  • Interest received | 139 | 84
    | 93,147 | 94,313

Cash was disbursed to:

  • Payments to suppliers | 32,016 | 36,239
  • Payments to employees | 10,385 | 9,377
  • Interest paid on loans | 11,978 | 12,141
  • Income taxes paid | 500 | 2,800
    | 54,859 | 60,557

Net cash flows from operating activities | 11 | 38,288 | 33,756

Cash flows from investing activities

Cash was provided from:

  • Proceeds from sale of property, plant and equipment | 26 | 43
    | 26 | 92

Cash was applied to:

  • Purchase and construction of property, plant and equipment | 29,130 | 24,051
    | 29,130 | 24,051

Net cash flows from investing activities | (29,104) | (24,007)

Cash flows from financing activities

Cash was provided from:

  • Borrowings | — | 1,000
    | — | 1,000

Cash was applied to:

  • Settlement of borrowings | 4,000 | 10,000
  • Payment of dividends | 4,600 | 100
    | 8,600 | 10,100

Net cash flows from financing activities | (8,600) | (9,100)

Net increase/(decrease) in cash held | 585 | 649
Cash balances at beginning of year | (3,362) | (4,011)
Cash balance at end of year | (2,777) | (3,362)

The accompanying Statement of Significant Accounting Policies and Notes form part of and are to be read in conjunction with these Financial Statements. The Financial Statements have been prepared solely for the purpose of complying with Electricity Information Disclosure Requirements pursuant to Section 57T of the Commerce Act 1986.



Next Page →



Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2008, No 53


Gazette.govt.nz — PDF NZ Gazette 2008, No 53




✨ LLM interpretation of page content

🏭 Unison Networks Limited - Lines Business Financial Position Statement (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Equity, Assets, Liabilities, Unison Networks Limited