Port Nelson Annual Report 2012 (pdf)

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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.
statement of cash flows for the year ended 30 june 2012 2012 2011 $000 $000 reconciliation with net surplus Net Surplus 10,367 6,584 Add Non Cash Items: Depreciation and Amortisation 4,677 4,234 Increase (Decrease) in Deferred Tax (1,275) 35 Less: Noise Mitigation Provision (5) (92) 3,397 4,177 Add (Less) Movements in Other Working Capital Items: (Increase)/Decrease in Accounts Receivable (250) (338) (Increase)/Decrease in Inventory 59 28 (Increase)/Decrease in Prepayments and Accruals (164) (31) Increase/(Decrease) in Accounts Payable (excluding Assets Payable) 480 (861) Increase/(Decrease) in Current Employee Benefit Liabilities 116 (83) Increase/(Decrease) in Tax Payable (141) 244 100 (1,041) Add (Less) Items Classified as Investing Activities: Movement in Employee Benefit Liabilities Non-Current 53 (57) Net (Profit) Loss on Sale of Assets including Investing Activities 67 142 Impairment of Investment Property 155 415 Movement in Capital Creditors (135) 175 Accrued Interest on Notes Capitalised (53) - Gain on Conversion of Notes (272) - Share of (Gain)/Loss from Investment in Associate (1,881) 149 Writedown of Goodwill - 258 (2,066) 1,082 Net Cash Inflow From Operating Activities 11,798 10,802 cashflows The Summary of Significant Accounting Policies and Notes to the Accounts on pages 26 to 39 form part of these Financial Statements. 23
Page 1 and 2: annual report 2012
Page 3 and 4: content Directors’ Report........
Page 5 and 6: directors’ report As Chairman of
Page 7 and 8: financial results A sustainable bus
Page 9 and 10: community governance highlights Som
Page 11 and 12: Photo: Nelson Mail environment A le
Page 13 and 14: our vision port people Percentage o
Page 15 and 16: 2012 financial report customers An
Page 17 and 18: statutory information to the shareh
Page 19 and 20: statement of corporate intent missi
Page 21: alance sheet as at 30 june 2012 Not
Page 25 and 26: summary of significant accounting p
Page 27 and 28: summary of significant accounting p
Page 29 and 30: notes to the accounts note 4: defer
Page 31 and 32: notes to the accounts note 9: equit
Page 33 and 34: notes to the accounts note 14: prop
Page 35 and 36: notes to the accounts note 16: fina
Page 37 and 38: notes to the accounts note 16: fina
Page 39 and 40: notes to the accounts note 23: rela

Port Nelson Annual Report 2012 (pdf)

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