✨ Financial Statements Notes




NGC Gas Transmission 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 | 80,448 | 81,262 |
Movement for the Year (Refer Note 2a) | (3,577) | (963) |
Prior Period Adjustments and Other Movements | 7 | 149 |
Balance as at 30 June | 76,878 | 80,448 |

  1. Property, Plant and Equipment
$Thousands 2006
Cost/
Valuation

Pipelines, Compressors and Gate Stations | 438,676 | 23,267 | 415,409 | 11,889 |
Other Plant and Equipment | 18,539 | 16,099 | 2,440 | 669 |
Motor Vehicles | 2,286 | 1,184 | 1,102 | 222 |
Freehold Land | 366 | - | 366 | - |
Buildings | 4,175 | 1,109 | 3,066 | 87 |
Construction in Progress | 9,753 | - | 9,753 | - |
| 473,795 | 41,659 | 432,136| 12,867 |

$Thousands 2005
Cost/
Valuation

Pipelines, Compressors and Gate Stations | 440,751 | 15,015 | 425,736 | 11,756 |
Other Plant and Equipment | 18,299 | 15,461 | 2,838 | 1,274 |
Motor Vehicles | 2,115 | 1,096 | 1,019 | 222 |
Freehold Land | 366 | - | 366 | - |
Buildings | 4,075 | 1,021 | 3,054 | 84 |
Construction in Progress | 7,167 | - | 7,167 | - |
| 472,773 | 32,593 | 440,180| 13,336 |



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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 Transmission Financial Statements (continued from previous page)

πŸ’° Finance & Revenue
28 November 2006
Financial Statements, Gas Transmission, Certification, Gas (Information Disclosure) Regulations 1997