✨ Financial Statements
Eastland Network Limited – Electricity Lines Business
Statement of Cash Flows
For the year ended March 2007
| Note | 2007 $\'000 | 2006 $\'000 |
|---|
Cash flows from (used in) operating activities
Cash provided from:
Receipts from customers | 26,479 | 25,708
Interest received | 38 | 127
Net GST | 104 | -64
| 26,621 | 25,899
Cash applied to:
Payments to suppliers and employees | (13,054) | (11,681)
Income tax paid | (1,721) | (2,968)
Interest paid | (3,932) | (1,114)
| (18,707) | (15,763)
Net cash flows from (used in) operating activities | 13 | 7,914 | 10,136
Cash flows from (used in) investing activities
Cash provided from:
Disposal of property, plant and equipment | 20 | -
Cash applied to:
Acquisition of property, plant and equipment | (5,922) | (6,902)
Net cash flows from (used in) investing activities | | (5,902) | (6,902)
Net cash flows from (used in) financing activities
Cash provided from:
Proceeds of borrowings | 12 | 700 | 34,100
Cash applies to:
Repayment of borrowings | - | (33,800)
Dividends paid | (3,338) | (2,179)
| (2,638) | (35,979)
Net cash flows from (used in) financing activities |
Net increase (decrease) in cash held
| | (625) | 1,355 |
Add opening cash brought forward | 2,682 |
Ending cash carried forward | 2,057 | 2,682
These financial statements should be read in conjunction with the Statement of Significant Accounting Policies and Notes to the Financial Statements
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2008, No 55
Gazette.govt.nz —
NZ Gazette 2008, No 55
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Eastland Network Limited – Electricity Lines Business
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🏭 Trade, Customs & IndustryFinancial Statements, Cash Flows, Operating Activities, Investing Activities, Financing Activities