National Grid 2010 Annual Report Download - page 2

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National Grid Gas plc Annual Report and Accounts 2009/10
Contents
1 Operating and Financial Review
27 Directors’ Report
28 Statement of Directors’ responsibilities
29 Independent Auditors’ report to the members of National
Grid Gas plc
Consolidated financial statements under IFRS
30 Accounting policies
36 Adoption of new accounting standards
38 Consolidated income statement
39 Consolidated statement of comprehensive income
40 Consolidated balance sheet
41 Consolidated statement of changes in equity
42 Consolidated cash flow statement
43 Notes to the consolidated financial statements
Company financial statements under UK GAAP
73 Company accounting policies
76 Company balance sheet
77 Notes to the Company financial statements
84 Glossary and definitions
Note on use of terms and abbreviations
Within these accounts, National Grid Gas plc is referred to by the abbreviation ‘NGG’, and National Grid plc, its ultimate parent
company, by the abbreviation ‘National Grid’. References to NGG, ‘the Company’, ‘we’, ‘our’ and ‘us’ refer to National Grid Gas plc
itself, or to National Grid Gas plc and its subsidiaries collectively, as the context requires. A full glossary of terms used is included on
page 84.