β¨ Financial Statements
NGC β Gas Wholesaling Activities
Statement of Financial Position
As at 30 June 2003
For the purposes of the Gas (Information Disclosure) Regulations 1997
| Note | $Thousands | |
|---|---|---|
| 2003 |
Non Current Assets
Gas Entitlements | 4 | 62,019 | 89,794 |
Future Tax Benefit | | - | 325 |
Total Non Current Assets | | 62,019 | 90,119 |
Current Assets
Cash at Bank | | - | - |
Current Portion of Gas Entitlements | 4 | 26,523 | 58,630 |
Accounts Receivable | 5 | 5,903 | 22,691 |
Inventories β Consumable Spares | | 522 | 804 |
Total Current Assets | | 32,948 | 82,125 |
Total Assets | | 94,967 | 172,244 |
Equity
Notional Reserves | 6 | 79,546 | 134,848 |
Total Equity | | 79,546 | 134,848 |
Current Liabilities
Bank Overdraft | | - | 319 |
Deferred Tax | | 8,273 | - |
Current Tax | | 5,925 | 17,267 |
Accounts Payable and Accruals | 7 | 1,223 | 19,810 |
Total Current Liabilities | | 15,421 | 37,396 |
Total Liabilities and Equity | | 94,967 | 172,244 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 160
Gazette.govt.nz —
NZ Gazette 2003, No 160
β¨ LLM interpretation of page content
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NGC Gas Wholesaling Activities Financial Position
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πΎ Primary Industries & Resources26 November 2003
Financial Position, Gas Wholesaling, NGC, Assets, Liabilities, Equity