New Zealand Gazette – 2007 – No. 132

Page 3409

✨ Financial Statements

VECTOR LIMITED & SUBSIDIARIES

GAS DISTRIBUTION ACTIVITIES

STATEMENT OF FINANCIAL POSITION

AS AT 30 JUNE 2007

| | NOTE | 2007
| | | $000 | 2006
| | | | $000
|--------------------------|------|-------|------|
| CURRENT ASSETS | | | |
| Cash | | 2 | -
| Receivables and prepayments | 6 | 8,189 | 5,902 |
| Inventories | | 124 | 97 |
| Income tax | | 4,066 | 4,157 |
| Capitalised finance costs | | 532 | 603 |
| Total current assets| | 12,913| 10,759|

| NON-CURRENT ASSETS | | | |
| Receivables and prepayments | 6 | 125 | 188 |
| Property, plant and equipment | 7 | 391,974| 392,456|
| Goodwill | 8 | 261,392| 277,617|
| Capitalised finance costs | | 2,588 | 2,762 |
| Total non-current assets| | 656,079| 673,023|

| Total assets | | 668,992| 683,782|

| CURRENT LIABILITIES | | | |
| Payables and accruals | 10 | 14,878| 12,707|
| Borrowings | 12 | 20,879| 30,642|
| Total current liabilities | | 35,757| 43,349|

| NON-CURRENT LIABILITIES | | | |
| Payables and accruals | 10 | 841 | 93 |
| Borrowings | 12 | 380,065| 380,065|
| Deferred tax | 3 | 65,017| 64,678|
| Total non-current liabilities | | 445,923| 444,836|

| Total liabilities | | 481,680| 488,185|

| EQUITY | | | |
| Asset revaluation reserve | 5 | 20,123| 20,123|
| Notional reserves | 4 | 167,189| 175,474|
| Total equity | | 187,312| 195,597|

| Total equity and liabilities | | 668,992| 683,782|

VUW Te Waharoa — NZ Gazette 2007, No 132

Gazette.govt.nz — NZ Gazette 2007, No 132

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✨ LLM interpretation of page content

🏭 Certification of Financial Statements and Performance Measures (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated14 November 2007
KeywordsFinancial statements, Performance measures, Gas distribution, Vector Limited, NGC Holdings Limited, Gas (Information Disclosure) Regulations 1997

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