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 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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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