✨ Financial Statements




NEW ZEALAND GAZETTE, No. 185

28 NOVEMBER 2008

NGC HOLDINGS LIMITED

GAS TRANSMISSION ACTIVITIES

INCOME STATEMENT

FOR THE YEAR ENDED 30 JUNE 2008
NOTE 2008 2007
$'000 $'000

Operating revenue | | 100,499 | 96,400 |
Gas purchases and pipeline maintenance | (13,725) | (14,838) |
Indirect expenses | (16,088) | (17,905) |
Operating expenditure | (29,813) | (32,743) |

Earnings before interest, income tax, depreciation and amortisation | 70,686 | 63,657 |
Depreciation and amortisation | (18,643) | (16,527) |

Operating surplus before interest and income tax | 1 | 52,043 | 47,130 |
Finance costs | 2 | (14,367) | (16,007) |

Operating surplus before income tax | 37,676 | 31,123 |
Income tax expense | 3 | (12,101) | (1,606) |

Net surplus for the year |
| 25,575 | 29,517 |



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Online Sources for this page:

Gazette.govt.nz PDF NZ Gazette 2008, No 185





✨ LLM interpretation of page content

🏭 NGC Holdings Limited Financial Certification (continued from previous page)

🏭 Trade, Customs & Industry
19 November 2008
Financial statements, Income statement, Gas transmission, Operating revenue, Operating expenditure