New Zealand Gazette – 2002 – No. 170

Page 4286

✨ Financial Statement

NGC – Gas Wholesaling Activities

Statement of Financial Position

As at 30 June 2002

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

	Note	$Thousands
		2002	2001

Non Current Assets


Gas Entitlements	4	89,794	148,874
Future Tax Benefit		325	1,362
Total Non Current Assets		90,119	150,236

Current Assets


Cash at bank		3
Current Portion of Gas Entitlements	4	58,630	44,825
Accounts Receivable	5	22,691	11,140
Inventories – Consumable Spares		804	811
Total Current Assets		82,125	56,239
Total Assets		172,244	206,475

Equity


Notional Reserves	6	134,848	186,760
Total Equity		134,848	186,760

Current Liabilities


Bank Overdraft		319
Current Tax		17,267
Accounts Payable and Accruals	7	19,810	19,715
Total Current Liabilities		37,396	19,715
Total Liabilities and Equity		172,244	206,475

VUW Te Waharoa — NZ Gazette 2002, No 170

Gazette.govt.nz — NZ Gazette 2002, No 170

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✨ LLM interpretation of page content

🏭 NGC – Gas Wholesaling Activities Statement of Financial Position (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Position, Assets, Liabilities, Equity, Gas Wholesaling

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