β¨ Financial Statements
NGC HOLDINGS LIMITED
GAS WHOLESALING ACTIVITIES
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 30 JUNE 2010
| NOTE | 2010 | 2009 | |
|---|---|---|---|
| $'000 | $'000 | ||
| Operating revenue | 240,501 | 227,197 | |
| Gas purchases and transmission charges | (212,381) | (201,523) | |
| Personnel expenses | (1,653) | (1,295) | |
| Other expenses | (740) | (232) | |
| Operating expenditure | (214,774) | (203,050) | |
| Earnings before interest, income tax, depreciation and amortisation (EBITDA) | 25,727 | 24,147 | |
| Depreciation and amortisation | (440) | (331) | |
| Profit before income tax | 1 | 25,287 | |
| Income tax expense | 2 | (8,262) | (7,305) |
| Net profit for the period | 17,025 | 16,511 | |
| Total comprehensive income for the period | 17,025 | 16,511 |
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β¨ LLM interpretation of page content
ποΈ
Certification of Financial Statements for NGC Holdings Limited
(continued from previous page)
ποΈ Infrastructure & Public Works15 November 2010
Financial Statements, Certification, Gas Transmission, NGC Holdings Limited, Gas (Information Disclosure) Regulations 1997
NZ Gazette 2010, No 158