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New Zealand Gazette – 2009 – No. 173

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✨ Financial Statements

30 NOVEMBER 2009 NEW ZEALAND GAZETTE, No. 173 4227

NGC HOLDINGS LIMITED

GAS RETAILING ACTIVITIES

INCOME STATEMENT

FOR THE YEAR ENDED 30 JUNE 2009

	NOTE	2009	2008
		$'000	$'000
Operating revenue		256,923	318,383
Gas purchases, transmission and network charges		(249,242)	(305,062)
Other expenses		(952)	(1,999)
Operating expenditure		(250,194)	(307,061)
Earnings before interest, income tax, depreciation and amortisation (EBITDA)		6,729	11,322
Depreciation and amortisation		(373)	(203)
Operating surplus before interest and income tax		6,356	11,119
Finance costs	2	(1,447)	(528)
Operating surplus before income tax		4,909	10,591
Income tax expense	3	(1,343)	(3,497)
Operating surplus		3,566	7,094

Gazette.govt.nz — NZ Gazette 2009, No 173

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

🏭 Certification of Financial Statements Disclosed by Directors of the Corporation (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated27 November 2009
KeywordsFinancial statements, Certification, Directors, NGC Holdings Limited, Gas Information Disclosure Regulations

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