New Zealand Gazette – 2007 – No. 132

Page 3424

✨ Financial Performance Statement

NGC HOLDINGS LIMITED

GAS RETAILING ACTIVITIES

STATEMENT OF FINANCIAL PERFORMANCE

FOR THE YEAR ENDED 30 JUNE 2007

| NOTE | 2007
$000 | 2006
$000 |
|------|---------------|--------------|
| Operating revenue | 352,012 | 206,435 |
| Operating expenditure | (328,842) | (144,423) |

Earnings before interest, income tax, depreciation and amortisation | 23,170 | 62,010 |

| Depreciation and amortisation | (195) | (48) |

Operating surplus before interest and income tax | 1
22,975 | 61,962 |

| Net Interest expense | (78) | - |

Operating surplus before income tax | 22,897 | 61,962 |

| Income tax expense | 2
(7,559) | (20,453) |

Net surplus for the year | 15,338 | 41,509 |

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 for Gas Distribution (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated14 November 2007
KeywordsAuditor certification, Financial statements, Gas distribution, Information disclosure, Compliance

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