New Zealand Gazette – 1998 – No. 160

Page 3859

✨ Financial Contingent Liabilities

28 SEPTEMBER

25. CONTINGENT LIABILITIES

	1998	1997
Other Activities	$000	$000
----------------	------------	------------
Performance bonds	-	64

CBD Power outage

Following the CBD power outages Mercury Energy has been threatened with claims for compensation. As at the date of completion of these financial statements no legal claims have been filed against the Company. Adequate provision has been made in these financial statements for the costs of restoring the CBD network and for compensation offered by Mercury Energy to its CBD customers affected by the outages.

NEW ZEALAND GAZETTE

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VUW Te Waharoa — NZ Gazette 1998, No 160

NZLII — NZ Gazette 1998, No 160

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

💰 Contingent Liabilities and CBD Power Outage

Domain💰 Finance & Revenue
KeywordsContingent Liabilities, Performance Bonds, Power Outage, Compensation, Mercury Energy

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