✨ Financial Statements




NEW ZEALAND GAZETTE

No. 186

Natural Gas Corporation – Gas Retailing Activities

Statement of Financial Position

As at 30 June 1999

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

Note $ Thousands
1999

Fixed and Long Term Assets

Fixed Assets | 4 | 3,800 | 1,117 |
Goodwill | | 4,896 | - |
Deferred Expenditure | 5 | 1,275 | 1,376 |
Total Non Current Assets | | 9,971 | 2,493 |

Current Assets

Cash and Short Term Deposits | | - | 147 |
Trade Debtors | | 22,234| 14,490|
Current tax | | 199 | - |
Inventories – Consumable Spares | | 402 | 376 |
Total Current Assets | | 22,835| 15,013|

Total Assets | | 32,806| 17,506|

Equity

Notional Reserves | 6 | 18,684| 5,979 |
Total Equity | | 18,684| 5,979 |

Non Current Liabilities

Deferred Taxation | | 1,088 | 473 |
Total Non Current Liabilities | | 1,088 | 473 |

Current Liabilities

Bank Overdraft | | 273 | - |
Current tax | | - | 60 |
Accounts Payable and Accruals | | 12,761| 10,994|
Total Current Liabilities | | 13,034| 11,054|

Total Liabilities and Equity | | 32,806| 17,506|



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23 November 1999
Natural Gas, Financial Performance, Efficiency Measures, Energy Delivery, Statistics, Reliability, Certification