✨ 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 continued

Non trading subsidiaries Percentages Held Balance Date
1996 1997
Mercury Power Ltd 100% 100%
Auckland Electricity Ltd 100% 100%
Auckland Energy Ltd 100% 100%
Energy North Ltd 100% 100%

The principal activity of the subsidiaries is the generation and/or sale of electricity.

18. INVESTMENTS

1997 Other Activities 1996 Other Activities
$000 $000
Shares listed on the Stock Exchange, at cost 220,330 186,940
Other investments 38,221 23,432
258,551 210,372
Shares listed on the Stock Exchange, at market value 404,694 288,199

8 SEPTEMBER

NEW ZEALAND GAZETTE



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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