Page 21 - PNMRT AnnRpt 2020

PALMERSTON NORTH MA¯ ORI RESERVE TRUST
CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2020
2020 $
6,860,279 (3,329,803)
155,443 (943,580) (339,492)
(71,671)
2,331,176
(29,073) (764,057)
2,400,000 125,000 –
(54,571) –
–
1,677,299
3,000,000 (3,460,000)
(460,000)
(1,061,496)
2,486,979
911,043
$3,398,022
Cash Flows From Operating Activities
Cash Receipts From Tenants
Cash Paid to Suppliers and Employees Interest Received
Interest Paid
Income Taxes Paid
Net GST Paid
Net Cash Inflow From Operating Activities
Cash Flows From Investing Activities
Purchase of Property, Plant and Equipment Purchase of Investment Property
Proceeds From Sale of Investment Property Distribution Received From Equity Accounted Entity Maturity of Term Deposit
Advances Made to Related Parties
Purchase of 50% share in Haukawakawa LP
Cash and Cash Equivalents of Subsidiary Acquired
Net Cash Inflow/(Outflow) From Investing Activities
Cash Flows From Financing Activities
Drawdown of Borrowings Repayment of Borrowings
Net Cash (Outflow)/Inflow From Financial Activities
Cash Distributions to Owners
Distributions Paid
Net Increase in Cash and Cash Equivalents Cash and Cash Equivalents at Beginning of Year
Cash and Cash Equivalents at End of Year
NOTE
16
4
6 8 8
9 9
10
5
2019 $
6,701,823 (3,245,821)
172,020 (1,140,044) (473,346) (8,251)
2,006,381
(137,476) (3,839,857)
275,000
325,000 1,400,000
(33,563) (1,375,878)
40,495 (3,346,279)
3,037,500 (960,000)
2,077,500
(656,132)
81,470 829,573
$911,043
The above statements should be read in conjunction with the notes to and forming part of the financial statements.
Palmerston North Ma¯ori Reserve Trust
19
ANNUAL REPORT 2020