β¨ Financial Statements
NGC HOLDINGS LIMITED
GAS WHOLESALING ACTIVITIES
INCOME STATEMENT
FOR THE YEAR ENDED 30 JUNE 2008
| NOTE | 2008 | 2007 | |
|---|---|---|---|
| $'000 | $'000 | ||
| Operating revenue | 277,352 | 313,427 | |
| Gas purchases | (231,306) | (265,743) | |
| Indirect expenses | (1,936) | (2,280) | |
| Operating expenditure | (233,242) | (268,003) | |
| Earnings before interest, income tax, depreciation and amortisation | 44,110 | 45,424 | |
| Depreciation and amortisation | (199) | (138) | |
| Operating surplus before income tax | 1 | 43,911 | |
| Income tax expense | 2 | (14,493) | (15,277) |
| Net surplus for the year | 29,418 | 30,009 |
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β¨ LLM interpretation of page content
π
Certification of Financial Statements by NGC Holdings Limited Directors
(continued from previous page)
π Trade, Customs & Industry19 November 2008
Financial statements, Certification, Gas regulations, NGC Holdings Limited, Directors
NZ Gazette 2008, No 185