New Zealand Gazette – 1997 – No. 117

Page 2753

✨ Financial Statements

MercuryEnergy

Mercury Energy Limited and Subsidiaries

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

5. SURPLUS BEFORE TAXATION

	1997		1996
	Line Activities	Electricity Retailing	Generation Activities
	$000	$000	$000

After charging:

| | | | | | | | | | | |
| Change in provision for doubtful debts | 115 | 270 | - | (110) | 160 | | - | 115 | 213 | 328 |
| Depreciation | 16,507 | 31 | 2,679 | 10,676 | 29,893 | | 16,235 | 35 | 9,010 | 25,280 |
| Bad debts written off | 221 | 2,218 | - | - | 2,439 | | 182 | 1,709 | - | 1,891 |
| Interest | - | - | 1,720 | 20,408 | 22,128 | | - | - | 17,476 | 17,476 |
| Interest - interdivisional | 35,074 | - | 454 | 2,845 | - | | 34,533 | - | - | - |
| Loss on sale of fixed assets | - | - | - | 260 | 260 | | (10) | - | 875 | 865 |
| Rental and operating lease costs | - | - | - | 1,068 | 1,068 | | - | - | 857 | 857 |
| Foreign currency losses | - | - | - | - | - | | - | - | 126 | 126 |

After crediting:

| Rents | 28 | - | - | 616 | 644 | | - | - | 691 | 691 |
| Dividends | - | - | - | 27,280 | 27,280 | | - | - | 13,741 | 13,741 |
| Interest income | - | - | - | 2,966 | 2,966 | | - | - | 1,395 | 1,395 |
| Interest - interdivisional | - | 4 | - | - | - | | - | 1,900 | 32,633 | - |

8 SEPTEMBER

NEW ZEALAND GAZETTE

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VUW Te Waharoa — NZ Gazette 1997, No 117

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✨ 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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