Financial Statements




4582 NEW ZEALAND GAZETTE No. 194

Natural Gas Corporation – Gas Retailing 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. | 1,117 | 2,768 |
Deferred Expenditure | 5. | 1,376 | 1,351 |
Total Non Current Assets | | 2,493 | 4,119 |

Current Assets

Cash and Short Term Deposits | | 147 | 170 |
Trade Debtors | | 14,490| 17,531|
Inventories – Consumable Spares | | 376 | 351 |
Total Current Assets | | 15,013| 18,052|

Total Assets | | 17,506| 22,171|

Equity

Notional Reserves | 6. | 5,979 | 7,491 |
Total Equity | | 5,979 | 7,491 |

Non Current Liabilities

Deferred Taxation | | 473 | – |
Total Non Current Liabilities | | 473 | – |

Current Liabilities

Current tax | | 60 | 569 |
Accounts Payable and Accruals | | 10,994| 14,111|
Total Current Liabilities | | 11,054| 14,680|

Total Liabilities and Equity | | 17,506| 22,171|

The notes form an integral part of these financial statements



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🏭 Certification of Financial Statements of Natural Gas Corporation - Gas Retailing Activities (continued from previous page)

🏭 Trade, Customs & Industry
20 November 1998
Financial Statements, Certification, Audit, Gas Regulations, Natural Gas Corporation, Gas Retailing