✨ Financial Statements




NGC HOLDINGS LIMITED

GAS WHOLESALING ACTIVITIES

STATEMENT OF FINANCIAL POSITION

AS AT 30 JUNE 2007

| | NOTE | 2007
| | | $000 | 2006
| | | | $000 |
|----------------|------|------|------|
| CURRENT ASSETS | | | |
| Notional cash | | 48,134 | 3,564 |
| Prepaid gas | 4 | 4,210 | 7,950 |
| Receivables and prepayments | 6 | 17,844 | 6,272 |
| Inventories | | 38 | 740 |
| Income tax | | - | 1,263 |
| Total current assets | | 70,226 | 19,789 |

| NON-CURRENT ASSETS | | | |
| Property, plant and equipment | 10 | 518 | - |
| Prepaid gas | 4 | - | 4,932 |
| Deferred tax | 3 | 881 | 878 |
| Receivables and prepayments | 6 | - | 1,400 |
| Total non-current assets | | 1,399 | 7,210 |

| Total assets | | 71,625 | 26,999 |

| CURRENT LIABILITIES | | | |
| Income tax | | 15,518 | - |
| Dividend payable | | 30,009 | - |
| Payables and accruals | 7 | 25,998 | 26,899 |
| Total current liabilities | | 71,525 | 26,899 |

| Total liabilities | | 71,525 | 26,899 |

| EQUITY | | | |
| Notional reserves | 5 | 100 | 100 |
| Total equity | | 100 | 100 |

| Total equity and liabilities | | 71,625 | 26,999 |



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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

πŸ’° Certification of Financial Statements by Directors (continued from previous page)

πŸ’° Finance & Revenue
14 November 2007
Financial statements, Certification, Directors, NGC Holdings Limited, Gas (Information Disclosure) Regulations 1997