Port Nelson Annual Report 2012 (pdf)

statement of cash flows
for the year ended 30 june 2012
cashflows
cash flows from operating activities
Cash was provided from:
2012 2011
$000 $000
Receipts from Customers 32,457 32,304
Rent Received 5,956 5,731
Interest Received 5 18
Cash was applied to:
38,418 38,053
Payments to Suppliers and Employees (21,518) (21,007)
Interest Paid (2,584) (2,607)
Taxes Paid (3,001) (3,071)
Net GST (Paid)/Received 483 (566)
(26,620) (27,251)
Net Cash In Flows from Operating Activities 11,798 10,802
cash flows from investing activities
Cash was provided from:
Property Plant and Equipment Sold 2,553 1,159
Cash was applied to:
Purchase of Property Plant and Equipment (3,018) (9,548)
Purchase of Intangibles (283) (142)
Purchase of Investment - (611)
(3,301) (10,301)
Net Cash Out Flows from Investing Activities (748) (9,142)
cash flows from financing activities
Cash was provided from:
Loans Raised 600 2,800
Cash was applied to:
Dividend Paid (12,200) (4,100)
Net Cash Out Flows from Financing Activities (11,600) (1,300)
Net Increase/(Decrease) in Cash Held (550) 360
Cash at 1 July 504 144
CASH AT 30 JUNE (46) 504
Represented by:
Cash at Bank - 504
Call Advance (Overdraft) (46) -
CASH AT 30 JUNE (46) 504
The GST (net) component of operating activities reflects the net GST paid and received with the Inland Revenue Department. The
GST (net) component has been presented on a net basis, as the gross amounts do not provide meaningful information for financial
statement purposes.
22 The Summary of Significant Accounting Policies and Notes to the Accounts on pages 26 to 39 form part of these Financial Statements.