✨ Financial Statements




NEW ZEALAND GAZETTE

30 NOVEMBER 4589

Natural Gas Corporation – Gas Transmission 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. | 394,197 | 385,051 |
Deferred Expenditure 5. | 9,866 | - |
Total Non Current Assets | 404,063 | 385,051 |

Current Assets

Cash and Short Term Deposits | - | 11 |
Accounts Receivable 6. | 9,607 | 10,336 |
Inventories – Consumable Spares | 898 | 1,110 |
Total Current Assets | 10,505 | 11,457 |

Total Assets | 414,568 | 396,508 |

Equity

Notional Reserves 7. | 352,272 | 324,433 |
Total Equity | 352,272 | 324,433 |

Non Current Liabilities

Deferred Income 8. | 5,529 | 9,828 |
Deferred Taxation | 51,090 | 49,077 |
Total Non Current Liabilities | 56,619 | 58,905 |

Current Liabilities

Bank Overdraft | 25 | - |
Accounts Payable and Accruals | 4,574 | 9,993 |
Current Taxation | 1,078 | 3,177 |
Total Current Liabilities | 5,677 | 13,170 |

Total Liabilities and Equity | 414,568 | 396,508 |

The notes form an integral part of these financial statements



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🏭 Statement of Financial Position for Natural Gas Corporation - Gas Transmission Activities (continued from previous page)

🏭 Trade, Customs & Industry
Financial Position, Gas Transmission, Natural Gas Corporation, Assets, Liabilities, Equity