β¨ Financial Statements
NGC HOLDINGS LIMITED
GAS TRANSMISSION ACTIVITIES
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 30 JUNE 2010
| NOTE | 2010 | 2009 |
|---|---|---|
| $000 | $000 | |
| Operating revenue | 105,792 | 102,548 |
| Gas purchases and pipeline maintenance | (11,918) | (11,437) |
| Personnel expenses | (6,229) | (6,201) |
| Other expenses | (6,327) | (8,995) |
| Operating expenditure | (24,474) | (26,633) |
| Earnings before interest, income tax, depreciation and amortisation (EBITDA) | 81,318 | 75,915 |
| Depreciation and amortisation | (16,693) | (19,591) |
| Profit before interest and income tax | 1 | 64,625 |
| Finance costs | 2 | (9,564) |
| Profit before income tax | 55,061 | 42,884 |
| Income tax expense | 3 | (8,819) |
| Net profit for the period | 46,242 | 29,060 |
| Total comprehensive income for the period | 46,242 | 29,060 |
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β¨ LLM interpretation of page content
π°
Certification of Financial Statements for NGC Holdings Limited
(continued from previous page)
π° Finance & Revenue15 November 2010
Financial Statements, Certification, Gas Transmissions, Disclosure
NZ Gazette 2010, No 158