Welcome to Trustpower. The browser that you are currently using is not supported by this site. For best results please upgrade your browser.
Retrieving Data

Note 29

For The Year Ended 31 March 2012

RECONCILIATION OF NET CASH FROM OPERATING ACTIVITIES WITH PROFIT AFTER TAX ATTRIBUTABLE TO THE SHAREHOLDERS

GROUP PARENT
2012 2011 2012 2011
    $000 $000 $000 $000
Profit after tax attributable to the shareholders of the Company 131,652 112,369 133,553 107,133
Items classified as investing/financing
Interest paid 63,082 61,712 48,371 46,446
Interest received (904) (907) (4,883) (1,400)
62,178 60,805 43,488 45,046
Non-cash items:
Amortisation of debt issue costs 1,841 1,428 1,841 1,428
Non-cash transfer from cash flow hedge reserve to interest expense (275) (265) (275) (265)
Amortisation of intangible assets 5,357 5,547 5,357 5,547
Depreciation 52,880 49,324 18,558 14,977
Loss/(gain) on sale of property, plant and equipment (5) 98 (72) 91
Impairment of assets 428 - 5,314 1,430
Share option provision transfer (100) (90) (100) (90)
Movement in derivative financial instruments taken to the income statement 7,544 (62) 1,883 590
Intercompany charges - - 25,519 27,846
Increase/(decrease) in deferred tax liability excluding transfers to reserves (7,164) 13,031 (3,149) 10,781
60,506 69,011 54,876 62,335
Decrease/(increase) in working capital:
Accounts receivable and prepayments (15,197) 14,277 (16,318) 14,978
Taxation payable/receivable (52) (8,877) 1,372 (2,379)
Accounts payable and accruals excluding capital expenditure accruals 29,061 (23,547) 26,676 (23,226)
13,916 (18,147) 11,730 (10,627)
Net cash from operating activities 268,252 224,038 243,647 203,887