β¨ 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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VUW Te Waharoa —
NZ Gazette 1997, No 117
NZLII —
NZ Gazette 1997, No 117
β¨ LLM interpretation of page content
π
Mercury Energy Limited Fixed Assets
(continued from previous page)
π Trade, Customs & IndustryFixed Assets, Financial Statements, Mercury Energy Limited, 1997, 1996