New Zealand Gazette – 1998 – No. 160

Page 3836

✨ Financial Performance Statement

Mercury Energy Limited and Subsidiaries

Statement of financial position as at 31 March 1998

(For The Purposes of The Electricity (Information Disclosure) Regulations 1994)

	1998		1997
	Line Activities	Electricity Retailing	Other Activities
	$000	$000	$000

Equity

Notes
Share capital	11			300,000				300,000
ODV revaluation reserve	16		482,605			16		480,719
Notional capital		369,386	20,500	11,855	380,864	367,500	20,500	11,855
Revaluation reserve	16	(62,626)	-	-	(62,626)	1,886	-	-
Retained earnings	12	(7,115)	31,083	(38,584)	54,073	35,474	20,778	(1,067)
Attributable to parent entity shareholders		299,645	51,583	(26,729)	449,553	404,860	41,278	10,788
Minority interest		-	-	-	-	-	-	9,571

| | | 299,645 | 51,583 | (26,729) | 449,553 | 404,859 | 41,278 | 20,359 | 467,017 |

Notional debt

| Interdivisional loan | | 387,000 | (36,000) | 126,000 | (477,000) | 372,000 | (52,000) | 125,000 | (445,000) |
| | | 686,645 | 15,583 | 99,271 | (27,447) | 774,052 | 776,859 | (10,722) | 145,359 | (44,479) | 867,017 |

Non current liabilities

| Term liabilities | 13 | | 57,564 | 396,863 | 454,427 | | | 59,603 | 352,053 | 411,656 |

Current liabilities

| Accounts payable and accruals | 14 | 144,058 | 1,407 | 3,235 | 186,709 | 3,312 | 4,533 | 1,977 | 50,161 | 59,983 |
| Interdivisional payable | | 1,772 | 34,180 | - | - | 7,769 | 39,789 | - | - |
| Current portion of term liabilities | 13 | - | - | - | 686 | - | - | - | 7,698 |
| Provision for dividend | 10 | | | 9,400 | 9,400 | 9,700 | 6,400 | | 9,400 | 25,500 |

| | 145,830 | 35,587 | 3,235 | 187,395 | 20,781 | 50,722 | 1,977 | 67,259 | 93,181 |

| | | 832,475 | 51,170 | 160,070 | 1,415,874 | 797,640 | 40,000 | 206,939 | 1,371,854 |

The accompanying notes form part of these financial statements.

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VUW Te Waharoa — NZ Gazette 1998, No 160

NZLII — NZ Gazette 1998, No 160

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✨ LLM interpretation of page content

🏭 Mercury Energy Limited Financial Performance Statement (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Performance, Electricity, Mercury Energy Limited, Regulations

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