✨ 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

17. INVESTMENTS IN SUBSIDIARIES

1997 Other Activities $'000 1996 Other Activities $'000
Shares in subsidiaries (unlisted) - -
Advances to subsidiaries 121,842 112,106
121,842 112,106

All advances are interest bearing and repayable on demand.

Significant subsidiaries

Percentages held Balance Date
1997 1996
Mercury Generation Ltd 100% 100% 31 March
- MEL Silverstream Ltd 100% 100% 31 March
- MEL Stratford Ltd 100% 100% 31 March
- MEL Southdown Ltd 100% 100% 31 March
- Mercury Network Ltd 100% 100% 31 March
- Mercury Geotherm Ltd 55.82% 51.16% 31 March
- Poihipi Land Ltd 55.82% 51.16% 31 March
- Caduceus Equities No 1 Ltd 100% 100% 31 March

NEW ZEALAND GAZETTE

No. 117



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🏭 Mercury Energy Limited Fixed Assets (continued from previous page)

🏭 Trade, Customs & Industry
Fixed Assets, Financial Statements, Mercury Energy Limited, 1997, 1996