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New Zealand Gazette – 1999 – No. 186

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✨ Financial Statements

NEW ZEALAND GAZETTE

No. 186

Natural Gas Corporation – 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 – 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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VUW Te Waharoa — NZ Gazette 1999, No 186

NZLII — NZ Gazette 1999, No 186

The General Assembly Library (on the right) was completed in 1899 and survived the 1907 fire. Now the oldest remaining original Parliament building, still used as the Parliamentary Library.

✨ LLM interpretation of page content

🏭 Natural Gas Corporation - Gas Transmission Activities Financial Statements (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsNatural Gas, Financial Performance, Gas (Information Disclosure) Regulations 1997

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