New Zealand Gazette – 1997 – No. 177

Page 4206

✨ Financial Statements

4206
NEW ZEALAND GAZETTE
No. 177

Reserves

Gas Retailing is not a company and therefore has no share capital. The amounts for reserves attributable to Gas Retailing is calculated by reference to the equity and debt ratio of Natural Gas Corporation of New Zealand Limited.

Capital Commitments

Amounts committed but not recorded in these financial statements total $ NIL million.

Operating Lease Commitments

Non cancellable operating lease rentals are payable as follows:

Not later than one year 134
Between one and two years 128
Between two and five years 213
Later than five years 53
528

Contingent Liabilities

There are no material contingent liabilities.

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VUW Te Waharoa — NZ Gazette 1997, No 177

NZLII — NZ Gazette 1997, No 177

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

🏭 Natural Gas Corporation Financial Position (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated2 December 1997
KeywordsNatural Gas, Financial Statements, Gas Retailing, Assets, Liabilities, Equity, Reserves, Capital Commitments, Operating Lease Commitments, Contingent Liabilities

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