New Zealand Gazette – 1998 – No. 160

Page 3843

✨ Financial Performance Statement

LINE ACTIVITIES

Notes	1998 $000	1997 $000
Revenue:	224,359	217,332
Expenses:
Transmission cost	55,110	67,884
Operations and maintenance	24,942	24,972
Infrastructure mapping	4,843	5,179
Depreciation	18,132	16,507
Interest	35,546	35,074
Administration and other	21,029	13,738
Non recurring	5 129,620	7,324
	289,222	170,678
Operating (deficit) / surplus before taxation	(64,863)	46,654
Taxation	22,275	(16,920)
Operating (deficit) / surplus after taxation	(42,588)	29,734
Operating (deficit) / surplus before interest, depreciation and tax	(11,185)	98,235
Operating (deficit) / surplus after tax plus after tax effect of depreciation	(30,440)	40,809
Average total funds employed	731,752	768,816
Average shareholders' funds	352,253	398,607
Cash tax	8 8,899	15,413
Interest tax shield	11,730	11,574
Revaluation	16 (62,626)	1,886

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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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