✨ Financial Statements Notes




NGC Gas Retailing Activities

Notes to the Financial Statements

For the Year Ended 30 June 2006

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

  1. Income Tax (Continued)

| | $Thousands |
| --- | ---: | ---: |
| | 2006 | 2005 |

b) Deferred Tax

Balance as at 1 July | (177) | (1,904) |
Movement for the Year | (345) | 1,727 |
Balance as at 30 June | (522) | (177) |

  1. Property, Plant and Equipment

| | Cost/
Valuation | Accumulated
Depreciation | Net Book
Value | Depreciation
Charge |
| --- | ---: | ---: | ---: | ---: |
| | $Thousands |
| | 2006 |
Plant and Equipment | 176 | 158 | 18 | 32 |
Motor Vehicles | 154 | 89 | 65 | 16 |
Construction in Progress | - | - | - | - |
Total | 330 | 247 | 83 | 48 |

| | Cost/
Valuation | Accumulated
Depreciation | Net Book
Value | Depreciation
Charge |
| --- | ---: | ---: | ---: | ---: |
| | $Thousands |
| | 2005 |
Plant and Equipment | 168 | 126 | 42 | 27 |
Motor Vehicles | 154 | 73 | 81 | 20 |
Construction in Progress | 8 | - | 8 | - |
Total | 330 | 199 | 131 | 47 |

  1. Accounts Receivable

| | $Thousands |
| --- | ---: | ---: |
| | 2006 | 2005 |

Trade Debtors | 23,322 | 16,503 |
Total | 23,322 | 16,503 |



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2006, No 154


Gazette.govt.nz PDF NZ Gazette 2006, No 154





✨ LLM interpretation of page content

πŸ’° Certification of NGC Gas Retailing Financial Statements (continued from previous page)

πŸ’° Finance & Revenue
9 November 2006
Financial Statements, Gas Retailing, Income Tax, Deferred Tax, Property, Plant and Equipment, Accounts Receivable, NGC Holdings Limited