New Zealand Gazette – 1997 – No. 117

Page 2751

✨ Financial Statements

Mercury Energy Limited and Subsidiaries

Notes to and forming part of the financial statements for the year ended 31 March 1997 continued

LINE ACTIVITIES

Notes	1997	1996
	$000	$000
Revenue:	217,332	203,148
Expenses:
Transmission cost	67,884	63,032
Operations & maintenance	24,972	23,816
Infrastructure mapping	5,179	-
Depreciation	16,507	16,235
Interest	35,074	34,533
Administration and other	13,738	12,333
Non recurring	6 7,324	11,839
	170,678	161,788
Operating surplus before taxation	46,654	41,360
Taxation	(16,905)	(13,650)
Operating surplus after taxation	29,749	27,710
Operating surplus before interest, depreciation and tax	98,235	92,128
Operating surplus after tax plus after tax effect of depreciation	40,809	38,589
Average total funds employed	768,816	685,001
Average shareholders' funds	398,607	353,073
Cash tax	9a 15,413	14,763
Interest tax shield	11,574	11,396
Revaluation	16 1,886	117,200

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VUW Te Waharoa — NZ Gazette 1997, No 117

NZLII — NZ Gazette 1997, No 117

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

🏭 Mercury Energy Limited Statement of financial position (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Statements, Operating Revenue, Electricity, Mercury Energy Limited, 1997, 1996

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