New Zealand Gazette – 1997 – No. 117

Page 2756

✨ 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

9. TAXATION continued

	1997 Other Activities $000	1996 Other Activities $000
Imputation credit account
Balance as at 31 March 1996	38,543	15,179
Prior period adjustment	47	-
Income tax payments during year	27,370	33,160
Imputation credits attaching to dividends received in year	9,002	4,535
Imputation credits attaching to dividends paid in year	(24,134)	(14,284)
Transfer of tax to subsidiary	(646)	(47)
Balance as at 31 March 1997	50,182	38,543

At balance date the imputation credits available to the shareholder of the parent company were:

	1997	1996
Through direct shareholding in the parent company	50,182	38,543
Through indirect interests in subsidiaries and in-substance subsidiaries	646	47
	50,828	38,590

NEW ZEALAND GAZETTE

No. 117

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VUW Te Waharoa — NZ Gazette 1997, No 117

NZLII — NZ Gazette 1997, No 117

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

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

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Statements, Taxation, Imputation Credits, Dividends, Mercury Energy Limited, 1997, 1996

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