β¨ Financial Statements
MERCURY ENERGY LIMITED & SUBSIDIARIES
30 OCTOBER
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 1996 continued
19. LONG TERM PREPAYMENTS
| 1996 Other Activities $'000 | 1995 Other Activities $'000 | |
|---|---|---|
| Deposits on Fixed Asset Purchases | 19,420 | - |
| Forward Energy Supply Contracts | 6,567 | 11,500 |
| Total | 25,987 | 11,500 |
20. DEFERRED TAXATION
| 1996 | 1995 | ||
|---|---|---|---|
| Line Activities $'000 | Electricity Retailing Activities $'000 | Other Activities $'000 | |
| Balance Brought Forward | 2,057 | - | 930 |
| Transfer to Statement of Financial Performance | - | - | (967) |
| Transfer to Current Tax | (1,970) | 73 | 94 |
| Balance as at 31 March 1996 | 87 | 73 | 57 |
NEW ZEALAND GAZETTE
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VUW Te Waharoa —
NZ Gazette 1996, No 158
NZLII —
NZ Gazette 1996, No 158
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Mercury Energy Financial Statements Notes
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π° Finance & RevenueInvestments, Joint Ventures, Financial Statements, Mercury Energy