New Zealand Gazette – 2009 – No. 173

Page 4242

✨ Financial Statements

FOR THE YEAR ENDED 30 JUNE 2009

	NOTE	2009	2008
		$'000	$'000
Operating revenue		102,548	100,499
Gas purchases and pipeline		(11,437)	(13,725)
maintenance
Other expenses		(15,196)	(16,088)
Operating expenditure		(26,633)	(29,813)
Earnings before interest,		75,915	70,686
income tax, depreciation
and amortisation (EBITDA)
Depreciation and amortisation		(19,591)	(18,643)
Operating surplus before		1	56,324
interest and income tax			52,043
Finance costs	2	(13,440)	(14,367)
Operating surplus before		42,884	37,676
income tax
Income tax expense	3	(13,824)	(12,101)
Operating surplus		29,060	25,575

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Domain💰 Finance & Revenue
Dated30 June 2009
KeywordsIncome Statement, Financial Performance, Gas Transmission, NGC Holdings Limited

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