✨ Financial Statement




30 NOVEMBER NEW ZEALAND GAZETTE 4573

Natural Gas Corporation – Gas Distribution Activities

Statement of Financial Position

As at 30 June 1998

For the purposes of the Gas (Information Disclosure) Regulations 1997

Note $ Thousands
1998

Fixed and Long Term Assets

Fixed Assets 4. | 100,045 | 98,202 |
Deferred Expenditure 5. | 1,376 | 1,351 |
Total Non Current Assets | 101,421 | 99,553 |

Current Assets

Cash and Short Term Deposits | - | - |
Trade Debtors | 2,495 | 2,689 |
Current tax | 819 | 354 |
Inventories – Consumable Spares | 400 | 599 |
Total Current Assets | 3,714 | 3,642 |

Total Assets | 105,135 | 103,195 |

Equity

Notional Reserves 6. | 86,046 | 84,072 |
Total Equity | 86,046 | 84,072 |

Non Current Liabilities

Deferred Income 7. | 5,564 | 5,817 |
Deferred Taxation | 11,046 | 10,590 |
Total Non Current Liabilities | 16,610 | 16,407 |

Current Liabilities

Accounts Payable and Accruals | 2,479 | 2,716 |
Total Current Liabilities | 2,479 | 2,716 |

Total Liabilities and Equity | 105,135 | 103,195 |

The notes form an integral part of these financial statements



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🏭 Financial Performance Statement of Natural Gas Corporation (continued from previous page)

🏭 Trade, Customs & Industry
Financial Performance, Revenue, Surplus, Taxation, Natural Gas