β¨ Financial Statement
30 NOVEMBER 2009 NEW ZEALAND GAZETTE, No. 173 4243
NGC HOLDINGS LIMITED
GAS TRANSMISSION ACTIVITIES
BALANCE SHEET
AS AT 30 JUNE 2009
| NOTE | 2009 $\000 | 2008 $\000 | |
|---|---|---|---|
| CURRENT ASSETS | |||
| Cash | - | 730 | |
| Receivables and prepayments | 5 | 11,732 | 8,135 |
| Inventories | 1,514 | 1,479 | |
| Total current assets | 13,246 | 10,344 |
| NON-CURRENT ASSETS | | | |
| Intangible assets | 7 | 11,688 | 8,619 |
| Property, plant and equipment | 8 | 417,792 | 424,258 |
| Total non-current assets | | 429,480 | 432,877 |
| Total assets | | 442,726 | 443,221 |
| CURRENT LIABILITIES | | | |
| Payables and accruals | 9 | 14,524 | 12,317 |
| Provisions | 10 | 2,747 | 2,987 |
| Income tax | | 14,942 | 14,734 |
| Notional borrowings | 11 | - | 42,980 |
| Total current liabilities | | 32,213 | 73,018 |
| NON-CURRENT LIABILITIES | | | |
| Payables and accruals | 9 | 2,144 | 2,130 |
| Notional borrowings | 11 | 174,092 | 136,102 |
| Deferred tax | 4 | 91,832 | 92,149 |
| Total non-current liabilities | | 268,068 | 230,381 |
| Total liabilities | | 300,281 | 303,399 |
| EQUITY | | | |
| Notional reserves | 6 | 142,445 | 139,822 |
| Total equity | | 142,445 | 139,822 |
| Total equity and liabilities | | 442,726 | 443,221 |
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Balance Sheet for NGC Holdings Limited
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π° Finance & Revenue30 June 2009
Balance Sheet, Financial Performance, Gas Transmission, NGC Holdings Limited
NZ Gazette 2009, No 173