✨ Financial Statements




28 NOVEMBER 2008 NEW ZEALAND GAZETTE, No. 185 4829

NGC HOLDINGS LIMITED

GAS TRANSMISSION ACTIVITIES

BALANCE SHEET

AS AT 30 JUNE 2008

| | NOTE | 2008
| | $'000 | 2007
| | | $'000 |
|----------------|------|-------|-------|
| CURRENT ASSETS | | | |
| Cash | | 730 | - |
| Receivables and prepayments | 6 | 9,135 | 5,901 |
| Inventories | | 1,479 | 3,175 |
| Total current assets | | 10,344| 9,076 |

| NON-CURRENT ASSETS | | | |
| Property, plant and equipment| 7 | 424,258| 425,136|
| Intangible assets | 12 | 8,619 | 12,193|
| Total non-current assets| | 432,877| 437,329|
| Total assets | | 443,221| 446,405|

| CURRENT LIABILITIES | | | |
| Bank overdraft | | - | 3 |
| Payables and accruals | 8 | 12,317| 1,849 |
| Provisions | 9 | 2,987 | 2,062 |
| Notional borrowings | 10 | 42,980| 24,543|
| Income tax | | 14,734| 9,559 |
| Total current liabilities| | 73,018| 38,016|

| NON-CURRENT LIABILITIES | | | |
| Payables and accruals | 8 | 2,130 | 1,017 |
| Notional borrowings | 10 | 136,102| 198,576|
| Deferred tax | 4 | 92,149| 94,549|
| Total non-current liabilities| | 230,381| 294,142|
| Total liabilities | | 303,399| 332,158|

| EQUITY | | | |
| Notional reserves | 5 | 139,822| 114,247|
| Total equity | | 139,822| 114,247|
| Total equity and liabilities| | 443,221| 446,405|



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Online Sources for this page:

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





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

🏭 Trade, Customs & Industry
19 November 2008
Financial statements, Balance sheet, Gas transmission, Current assets, Non-current assets, Current liabilities, Non-current liabilities, Equity