✨ Financial Statements




30 NOVEMBER 2009 NEW ZEALAND GAZETTE, No. 173 4255

NGC HOLDINGS LIMITED

GAS TRANSMISSION ACTIVITIES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2009

15. TRANSACTIONS WITH RELATED PARTIES

NATURE OF THE TRANSACTION RELATED PARTY 2009 2008
Sale of transmission services based on actual revenue charged and notional revenue charged. Gas Wholesaling Activities 634 468
Sale of transmission services based on actual revenue charged and notional revenue charged. Gas Retailing Activities 29,160 32,720
Purchase of gas on standard terms and conditions. Gas Retailing Activities 3,798 3,280
Net cost from operational gas swap arrangements. Gas Wholesaling Activities - 25
Purchase of mechanical services at market rates for the maintenance of export compressor based at Kapuni. Kapuni Gas Treatment Plant 656 741
Loan advance Vector Limited 174,092 179,082

(Transmission services charges are paid by related parties at the time of billing)



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Online Sources for this page:

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





✨ LLM interpretation of page content

πŸ’° Notes to the Financial Statements for NGC Holdings Limited (continued from previous page)

πŸ’° Finance & Revenue
30 June 2009
Financial Statements, Commitments, Lease Payments, Foreign Exchange Risk, Credit Risk, Contingent Liabilities, NGC Holdings Limited, Transactions with Related Parties