β¨ Financial Statements
NEW ZEALAND GAZETTE
No. 186
Natural Gas Corporation β Gas Transmission Activities
Statement of Financial Position
As at 30 June 1999
For the purposes of the Gas (Information Disclosure) Regulations 1997
|
Note |
$Thousands |
|
|
|
1999 |
1998 |
Fixed and Long Term Assets
|
|
|
|
| Fixed Assets |
4 |
389,865 |
394,197 |
| Deferred Expenditure |
5 |
8,541 |
9,866 |
| Total Non Current Assets |
|
398,406 |
404,063 |
Current Assets
|
|
|
|
| Cash and Short Term Deposits |
6 |
18 |
- |
| Accounts Receivable |
|
9,254 |
9,607 |
| Inventories β Consumable Spares |
|
980 |
898 |
| Total Current Assets |
|
10,252 |
10,505 |
| Total Assets |
|
408,658 |
414,568 |
Equity
|
|
|
|
| Notional Reserves |
7 |
348,850 |
352,272 |
| Total Equity |
|
348,850 |
352,272 |
Non Current Liabilities
|
|
|
|
| Deferred Income |
8 |
3,619 |
5,529 |
| Deferred Taxation |
|
51,446 |
51,090 |
| Total Non Current Liabilities |
|
55,065 |
56,619 |
Current Liabilities
|
|
|
|
| Bank Overdraft |
|
- |
25 |
| Accounts Payable and Accruals |
|
3,650 |
4,574 |
| Current Taxation |
|
1,093 |
1,078 |
| Total Current Liabilities |
|
4,743 |
5,677 |
| Total Liabilities and Equity |
|
408,658 |
414,568 |
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Natural Gas Corporation - Gas Transmission Activities Financial Statements
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π Trade, Customs & Industry
Natural Gas, Financial Performance, Gas (Information Disclosure) Regulations 1997