β¨ Financial Statements
NGC HOLDINGS LIMITED
GAS TRANSMISSION ACTIVITIES
STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2007
| | NOTE | 2007
| | | $'000 | 2006
| | | | $'000
|---------------------|------|-------|-------
| CURRENT ASSETS | | |
| Receivables and prepayments | 5 | 5,901 | 6,488
| Deferred expenditure | | - | 939 |
| Inventories | | 3,175 | 1,672|
| Total current assets | | 9,076 | 9,099 |
| NON-CURRENT ASSETS | | |
| Property, plant and equipment | 6 | 437,329 | 432,136 |
| Total non-current assets | | 437,329 | 432,136 |
| Total assets | | 446,405 | 441,235 |
| CURRENT LIABILITIES | | |
| Bank overdraft and short term loans | | 3 | 547 |
| Payables and accruals | 7 | 3,911 | 11,229 |
| Income tax | | 9,559 | 10,732 |
| Total current liabilities | | 13,473 | 22,508 |
| NON-CURRENT LIABILITIES | | |
| Finance lease | | 1,017 | - |
| Notional borrowings | 9 | 223,119 | 231,633 |
| Deferred tax | 3 | 71,380 | 76,878 |
| Total non-current liabilities | | 295,516 | 308,511 |
| Total liabilities | | 308,989 | 331,019 |
| EQUITY | | |
| Notional reserves | 4 | 137,416 | 110,216 |
| Total equity | | 137,416 | 110,216 |
| Total equity and liabilities | | 446,405 | 441,235 |
Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2007, No 132
Gazette.govt.nz —
NZ Gazette 2007, No 132
β¨ LLM interpretation of page content
π°
Certification of Financial Statements by Directors
(continued from previous page)
π° Finance & Revenue30 November 2007
Financial statements, Performance measures, Certification, Gas Information Disclosure, NGC Holdings Limited