β¨ Financial Statement
NEW ZEALAND GAZETTE
No. 194
Natural Gas Corporation β Gas Wholesaling Activities
Statement of Financial Position
As at 30 June 1998
For the purposes of the Gas (Information Disclosure) Regulations 1997
| Note | $Thousands |
|---|---|
| 1998 |
Non Current Assets
Gas Entitlements | 4 | 182,833 | 209,183 |
Future Tax Benefit | | 2,411 | 2,855 |
Total Non Current Assets | | 185,244 | 212,038 |
Current Assets
Cash at bank | | 95 | - |
Accounts Receivable | 5 | 14,178 | 34,206 |
Inventories β trading stock | | 738 | 640 |
Total Current Assets | | 15,011 | 34,846 |
Total Assets | | 200,255 | 246,884 |
Equity
Notional Reserves | 6 | 162,359 | 199,566 |
Total Equity | | 162,359 | 199,566 |
Current Liabilities
Accounts Payable and Accruals | 7 | 34,993 | 46,192 |
Current taxation | | 2,903 | 1,126 |
Total Current Liabilities | | 37,896 | 47,318 |
Total Liabilities and Equity | | 200,255 | 246,884 |
The notes form an integral part of these financial statements
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VUW Te Waharoa —
NZ Gazette 1998, No 194
NZLII —
NZ Gazette 1998, No 194
β¨ LLM interpretation of page content
π
Natural Gas Corporation Financial Position Statement
(continued from previous page)
π Trade, Customs & IndustryFinancial Position, Gas Entitlements, Assets, Liabilities, Equity