✨ Financial Statements




30 NOVEMBER 2007

NEW ZEALAND GAZETTE, No. 132

3425

NGC HOLDINGS LIMITED

GAS RETAILING ACTIVITIES

STATEMENT OF FINANCIAL POSITION

AS AT 30 JUNE 2007

| | NOTE | 2007
($000) | 2005
($000) |
|---------------------|------|------------|------------|
| CURRENT ASSETS | | | |
| Notional cash | | - | 1,554 |
| Receivables and prepayments | 5 | 36,472 | 23,322 |
| Total current assets | | 36,472 | 24,876 |

| NON-CURRENT ASSETS | | | |
| Property, plant and equipment | 9 | 639 | 63 |
| Deferred tax | 3 | 16 | 522 |
| Total non-current assets | | 655 | 605 |
| Total assets | | 37,127 | 25,481 |

| CURRENT LIABILITIES | | | |
| Bank overdraft and short term loans | - | 1,388 | 1,264 |
| Notional borrowings | 13 | 1,044 | - |
| Dividend payable | | 15,338 | - |
| Income tax | | 7,053 | 20,798 |
| Payables and accruals| 6 | 12,204 | 3,319 |
| Total current liabilities | | 37,027 | 25,381 |
| Total liabilities| | 37,027 | 25,381 |

| EQUITY | | | |
| Notional reserves | 4 | 100 | 100 |
| Total equity | | 100 | 100 |
| Total equity and liabilities | | 37,127 | 25,481 |



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2007, No 132


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





✨ LLM interpretation of page content

🏭 Certification of Financial Statements for Gas Distribution (continued from previous page)

🏭 Trade, Customs & Industry
14 November 2007
Auditor certification, Financial statements, Gas distribution, Information disclosure, Compliance