✨ Financial Statements




NGC – 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 – 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 PDF NZ Gazette 2003, No 160


Gazette.govt.nz PDF NZ Gazette 2003, No 160





✨ LLM interpretation of page content

🌾 NGC Gas Wholesaling Activities Financial Position (continued from previous page)

🌾 Primary Industries & Resources
26 November 2003
Financial Position, Gas Wholesaling, NGC, Assets, Liabilities, Equity