Cash Flow Statements for the year ended 30 June 2008
GROUP |
COMPANY |
|||||
(NZD in thousands) |
Note | 2008 Total |
2007 Total |
2008 Total |
2008 Total |
|
| Receipts from customers | 1,507,076 | 1,432,225 | 98,978 | 133,307 | ||
| Interest received | 2,595 | 2,139 | 1,471 | 787 | ||
| Payments to suppliers and employees | (1,385,456) | (1,368,452) | (93,431) | (125,971) | ||
| Interest paid | (26,735) | (23,587) | (5,539) | (7,489) | ||
| Dividends received | 1,506 | 838 | 43,579 | 28,856 | ||
| Income taxes paid | (22,237) | (28,969) | (1,254) | (1,312) | ||
| Net cash from operating activities | 28 | 76,749 | 14,194 | 43,804 | 28,178 | |
| Disposal of fixed assets | 311 | 194 | 200 | 1 | ||
| Acquisition of fixed assets | (35,567) | (19,793) | (1,370) | (589) | ||
| Loans to subsidiaries | — | — | 1,638 | (8,022) | ||
| Purchases of businesses | (16,677) | (24,861) | — | — | ||
| Disposal of businesses | 255 | 995 | — | 458 | ||
| Net cash from investing activities | (51,678) | (43,465) | 468 | (8,152) | ||
| Proceeds from borrowings | 62,746 | 87,884 | 58 | — | ||
| Repayment of borrowings | (18,921) | (44,950) | (364) | (35) | ||
| Repayment of capital notes | (22,433) | — | (22,433) | — | ||
| Dividends paid | (23,613) | (18,608) | (21,955) | (17,620) | ||
| Supplementary dividends paid | (204) | (316) | (204) | (316) | ||
| Net cash from financing activities | (2,425) | 24,010 | (44,898) | (17,971) | ||
| Increase/(decrease) in cash | 22,646 | (5,261) | (626) | 2,055 | ||
| Cash at 1 July | 26,462 | 36,742 | 8,217 | 6,162 | ||
| Exchange rate adjustment | 1,735 | (5,019) | — | — | ||
| Cash at 30 June | 50,843 | 26,462 | 7,591 | 8,217 | ||
| Comprising: | ||||||
| Cash balances | 44,963 | 17,317 | 3,191 | 3,217 | ||
| Cash on call deposit | 5,880 | 9,145 | 4,400 | 5,000 | ||