β¨ 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 |
Next Page →
β¨ LLM interpretation of page content
π
NGC Holdings Limited Financial Certification
(continued from previous page)
π Trade, Customs & Industry19 November 2008
Financial statements, Income statement, Gas transmission, Operating revenue, Operating expenditure
NZ Gazette 2008, No 185