Waimea Water_AR_20_Flip

WAIMEA WATER LIMITED | ANNUAL REPORT 2020
ANNUAL REPORT
Statement of
Financial Position
AS AT 30 JUNE 2020
Statement of
Cash Flows
FOR THE YEAR ENDED 30 JUNE 2020
FY2020
FY2019
FY2020
FY2019
Note $000 $000
Note $000 $000
Assets
Current
Cash And Cash Equivalents 6 4,268 4,722
Receivables From Non-Exchange Transactions 7 1,584 213
Other Current Financial Assets 8 16,345 -
Total Current Assets 22,197 4,935
Non-Current
Property, Plant And Equipment 9 51,436 18,796
Deferred Tax Asset 10 - -
Other Non-Current Financial Assets 8 - 15,281
Total Non-Current Assets 51,436 34,077
Total Assets 73,633 39,012
Liabilities
Current
Payables Under Exchange Transactions 11 4,531 2,051
Employee Entitlements 12 86 22
Total Current Liabilities 4,617 2,073
Non-Current
Loans And Borrowings 13 14,597 2,161
Cash flow from operating activities
Payments to suppliers (445) (245)
Payments to employees (577) (207)
Net cash from/(used in) operating activities (1,022) (452)
Cash flow from investing activities
Purchase of property, plant and equipment (31,332) (17,027)
Purchase of financial assets (919) (15,268)
Net cash from/(used in) investing activities (32,251) (32,295)
Cash flow from financing activities
Proceeds from equity 20,052 35,096
Proceeds from borrowings 12,266 2,062
Interest received 501 311
Interest paid on borrowings - -
Net cash from/(used in) financing activities 32,819 37,469
Net increase/(decrease) in cash and cash equivalents (454) 4,722
Cash and cash equivalents, beginning of the year 4,722 -
Effect of exchange differences on foreign cash held - -
Cash and cash equivalents at end of the year 6 4,268 4,722
Total Non-Current Liabilities 14,597 2,161
Total Liabilities 19,214 4,234
Net Assets 54,419 34,778
Equity
Equity Contributions 19 55,147 35,096
Accumulated Funds (728) (318)
Other Equity Reserves - -
Total Equity 54,419 34,778
50 51