New Zealand Gazette – 1997 – No. 117

Page 2769

✨ Financial Statements Continuation



Mercury Energy Limited and Subsidiaries

Notes to and forming part of the financial statements for the year ended 31 March 1997 continued

  1. DEFERRED TAXATION
1997 1996
Line Activities $000 Electricity Retailing $000 Generation Activities $000 Other Activities $000 Total Activities $000 Line Activities $000 Electricity Retailing $000 Other Activities $000 Total Activities $000
Balance as at 1 April 87 73 - 57 217 2,057 - 930 2,987
Transfer to statement of financial performance 283 192 (1,716) 273 (968) - - (967) (967)
Prior period adjustment - - - - - - - - -
Transfer to current tax 123 85 - 113 321 (1,970) 73 94 (1,803)
Balance as at 31 March 493 350 (1,716) 443 (430) 87 73 57 217
  1. RECEIVABLE AND PREPAYMENTS
1997 1996
Line Activities $000 Electricity Retailing $000 Generation Activities $000 Other Activities $000 Total Activities $000 Line Activities $000 Electricity Retailing $000 Other Activities $000 Total Activities $000
Trade debtors - 45,830 - - 45,830 - 45,938 4,124 50,062
Provision for doubtful debts - (750) - (765) (1,515) - (485) (870) (1,355)
Provision for discounts - (6,185) - - (6,185) - (3,657) - (3,657)
- 38,895 - (765) 38,130 - 41,796 3,254 45,050
Other debtors 1,173 80 4 4,354 5,611 - - 3,198 3,198
Prepayments 272 8 3,784 2,405 6,469 - - 3,129 3,129
1,445 38,983 3,788 5,994 50,210 - 41,796 9,581 51,377


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✨ LLM interpretation of page content

🏭 Mercury Energy Limited and Subsidiaries Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Deferred Taxation, Receivables, Prepayments, Mercury Energy Limited, 1997, 1996