New Zealand Gazette – 1996 – No. 158

Page 4168

✨ Financial Statements

MERCURY ENERGY LIMITED & SUBSIDIARIES

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 1996 continued

3. LINE ACTIVITIES

	Note	1996	1995 Restated (Unaudited)	1995 (As Audited)
		$'000	$'000	$'000
Revenue:	2	203,148	192,366	192,366
Expenses:
Transmission Cost		63,032	61,864	61,864
Operations and Maintenance		23,816	30,079	30,079
Depreciation		16,235	15,225	15,225
Interest		34,533	32,490	27,000
Administration and Other		12,333	12,832	12,832
Non Recurring	6	11,839	-	-
		161,788	152,490	147,000

| Net Profit before taxation | | 41,360 | 39,876 | 45,366 |
| Taxation | | (13,650) | (13,143) | (14,955) |
| Net Profit after taxation | | 27,710 | 26,733 | 30,411 |

| Net Profit before interest, depreciation and tax | | 92,128 | 87,591 | 87,591 |

| Net Profit after tax plus after tax effect of depreciation | | 38,589 | 36,934 | 40,612 |

NEW ZEALAND GAZETTE

No. 158

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VUW Te Waharoa — NZ Gazette 1996, No 158

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💰 Financial Statements and Notes (continued from previous page)

Domain💰 Finance & Revenue
KeywordsFinancial Statements, Revenue, Expenses, Profit, Taxation

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