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The company has long-term agreements until 2018 to transport
gas through the pipeline in return for tariffs based on the final construction
cost of the UK-Continent gas interconnector plus operating costs. The
£460 million cost of the original project was financed by shareholder
equity, shareholder loans and a lease facility. A loan of £352
million was also provided by the European Investment Bank.
Similar arrangements apply in respect of additional capacity, which
has been installed in the period 2003-2007, and associated project costs.
The link below will download the latest published financial statements.
To view the Financial Statements you will require Adobe Acrobat Reader.
2007
financial statements
(1.8mb)
2006
financial statements
(1.7mb)

The auditors accept no responsibility for any
changes that may have occurred to the financial statements since they
were initially presented on the website. Legislation in the United Kingdom
governing the preparation and dissemination of financial statements
may differ from legislation in other jurisdictions.
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