β¨ Financial Statements
Mercury Energy Limited and Subsidiaries
Notes to and forming part of the financial statements for the year ended 31 March 1997 continued
Ratios:*
Accounting return on total assets:
(Earnings before interest, depreciation and tax divided by average total funds employed)
Accounting return on equity:
(Net profit after tax plus after tax effect of depreciation divided by average total shareholders' funds)
Accounting rate of profit:
(Earnings before interest, depreciation, and tax less cash tax less interest tax shield plus revaluation divided by average total funds employed minus half revaluation)
*These financial performance ratios are set out in the First Schedule, Part II
- CONTINUING & DISCONTINUED ACTIVITIES
| 1997 | 1996 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Line Activities $000 | Electricity Retailing $000 | Generation Activities $000 | Other Activities $000 | Total Activities $000 | Line Activities $000 | Electricity Retailing $000 | Other Activities $000 | Total Activities $000 | |
| Continuing activities | |||||||||
| Operating revenue | 217,332 | 533,720 | 12,468 | 73,444 | 580,185 | 203,148 | 463,784 | 68,206 | 498,113 |
| Operating surplus after tax | 29,749 | 19,744 | (1,098) | 29,132 | 77,527 | 27,710 | 22,984 | 14,949 | 65,643 |
| Totals | |||||||||
| Operating revenue | 217,332 | 533,720 | 12,468 | 73,444 | 580,185 | 203,148 | 463,784 | 68,206 | 498,113 |
| Operating surplus after tax | 29,749 | 19,744 | (1,098) | 29,132 | 77,527 | 27,710 | 22,984 | 14,949 | 65,643 |
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VUW Te Waharoa —
NZ Gazette 1997, No 117
NZLII —
NZ Gazette 1997, No 117
β¨ LLM interpretation of page content
π
Mercury Energy Limited Statement of financial position
(continued from previous page)
π Trade, Customs & IndustryFinancial Statements, Operating Revenue, Electricity, Mercury Energy Limited, 1997, 1996