2021 Interim Financial Statements
2 Contact | Interim Financial Statements Contact | Interim Financial Statements 3
About these Financial Statements
FOR THE SIX MONTHS ENDED 31 DECEMBER 2020
These interim Financial Statements are for Contact, a group made up of Contact Energy Limited, the entities over which it has
control and its associate.
Contact Energy Limited is registered in New Zealand under the Companies Act 1993. It is listed on the New Zealand stock exchange
(NZX) and the Australian Securities Exchange (ASX) and has bonds listed on the NZX debt market. Contact is an FMC reporting entity
under the Financial Markets Conduct Act 2013.
Contact’s interim Financial Statements for the six months ended 31 December 2020 provide a summary of Contact’s performance
for the period and outline significant changes to information reported in the Financial Statements for the year ended 30 June 2020
(2020 Annual Report). The Financial Statements should be read with the 2020 Annual Report.
The Financial Statements have been prepared:
• in millions of New Zealand dollars (NZD) unless otherwise stated
• in accordance with New Zealand generally accepted accounting practice (GAAP) and comply with NZ IAS 34 Interim Financial
Reporting
• using the same accounting policies and significant estimates and critical judgments disclosed in the 2020 Annual Report,
except as disclosed in note A2 and note C2.
• with certain comparative amounts reclassified to conform to the current period’s presentation.
The Financial Statements were authorised on behalf of the Contact Energy Limited Board of Directors on 12 February 2021:
Robert McDonald Dame Therese Walsh
Chair Chair, Audit & Risk Committee
Statement of Comprehensive Income
FOR THE SIX MONTHS ENDED 31 DECEMBER 2020
$m Note
Unaudited
6 months ended
31 Dec 2020
Unaudited
6 months ended
31 Dec 2019
Audited
Year ended
30 June 2020
Revenue and other income A2 1,141 1,110 2,073
Operating expenses A2 (895) (889) (1,627)
Change in fair value of financial instruments A2 4 2 -
Depreciation and amortisation C1 (114) (110) (220)
Net interest expense B4 (26) (28) (55)
Profit before tax 110 85 171
Tax expense (32) (26) (46)
Profit 78 59 125
Items that may be reclassified to profit/(loss):
Change in hedge reserves (net of tax) (9) 3 (10)
Comprehensive income 69 62 115
Profit per share (cents) - basic 10.9 8.3 17.5
Profit per share (cents) - diluted 10.9 8.3 17.4
4 Contact | Interim Financial Statements
Contact | Interim Financial Statements 5
Statement of Cash flows
FOR THE SIX MONTHS ENDED 31 DECEMBER 2020
$m Note
Unaudited
6 months ended
31 Dec 2020
Unaudited
6 months ended
31 Dec 2019
Audited
Year ended
30 June 2020
Receipts from customers 1,182 1,141 2,058
Payments to suppliers and employees (914) (913) (1,598)
Interest paid
(22) (25) (49)
Tax paid (58) (56) (70)
Operating cash flows 188 147 341
Purchase of assets (36) (46) (94)
Capitalised interest
(4) (3) (6)
Investment in joint venture/associate (4) (1) (3)
Acquisition of Energyclubnz - - (3)
Investing cash flows (44) (50) (106)
Dividends paid B2 (165) (165) (280)
Proceeds from borrowings 127 55 108
Repayment of borrowings (114) (9) (66)
Financing cash flows (152) (119) (238)
Net cash flow (8) (22) (3)
Add: cash at the beginning of the period 44 47 47
Cash at the end of the period 36 25 44
Statement of Financial Position
AT 31 DECEMBER 2020
$m Note
Unaudited
31 Dec 2020
Unaudited
31 Dec 2019
Audited
30 June 2020
Cash and cash equivalents 36 25 44
Trade and other receivables 148 154 191
Inventories 53 52 56
Intangible assets C1 29 26 3
Derivative financial instruments D1 22 23 37
Total current assets 288 280 331
Property, plant and equipment C1 3,963 4,075 4,026
Intangible assets C1 217 234 227
Goodwill 201 179 179
Investment in joint venture/associate
6 11 14
Derivative financial instruments D1 63 71 119
Total non-current assets 4,450 4,570 4,565
Total assets 4,738 4,850 4,896
Trade and other payables 192 172 190
Tax payable 12 7 28
Borrowings B3 247 262 220
Derivative financial instruments D1 64 46 53
Provisions 18 7 10
Total current liabilities 533 494 501
Borrowings B3 890 879 978
Derivative financial instruments D1 79 64 74
Provisions 59 51 58
Deferred tax 638 673 653
Other non-current liabilities 13 9 11
Total non-current liabilities 1,679 1,676 1,774
Total liabilities 2,212 2,170 2,275
Net assets 2,526 2,680 2,621
Share capital B1 1,530 1,527 1,528
Retained earnings 1,047 1,182 1,134
Hedge reserves (58) (36) (49)
Share-based compensation reserve 7 7 8
Shareholders' equity 2,526 2,680 2,621
6 Contact | Interim Financial Statements
Contact | Interim Financial Statements 7
Statement of Changes in Equity
FOR THE SIX MONTHS ENDED 31 DECEMBER 2020
$m Note Share capital
Retained
earnings
Other
reserves
Shareholders'
equity
Balance at 1 July 2019 1,523 1,288 (29) 2,782
Profit A2 - 59 - 59
Change in hedge reserves (net of tax) - - 3 3
Change in share-based compensation reserve - - (3) (3)
Change in share capital B1 4 - - 4
Dividends paid B2 - (165) - (165)
Unaudited balance at 31 December 2019 1,527 1,182 (29) 2,680
Profit A2 - 66 - 66
Change in hedge reserves (net of tax) - - (13) (13)
Change in share-based compensation reserve - - 1 1
Change in share capital B1 1 - - 1
Dividends paid B2 - (115) - (115)
Audited balance at 30 June 2020 1,528 1,134 (41) 2,621
Profit A2 - 78 - 78
Change in hedge reserves (net of tax) - - (9) (9)
Change in share-based compensation reserve - - (1) (1)
Change in share capital B1 2 - - 2
Dividends paid B2 - (165) - (165)
Unaudited balance at 31 December 2020 1,530 1,047 (51) 2,526
A. Our Performance
Notes to the Financial Statements for the six months ended 31 December 2020
A1. SEGMENTS
Contact reports activities under the Wholesale segment and the Customer segment. There have been no significant changes to
Contact’s operating segments in the current period.
The Wholesale segment includes revenue from the sale of electricity to the wholesale electricity market, to Commercial & Industrial
(C&I) customers and to the Customer segment, less the cost to generate and/or purchase the electricity and costs to service and
distribute electricity to C&I customers. The results of Simply Energy Limited, following its acquisition on 31 August 2020, have been
included within the Wholesale segment, within the relevant line items. Prior to acquisition date, Contacts share of net earnings of
Simply Energy Limited were included in ‘Unallocated’ other operating expenses.
The Customer segment includes revenue from delivering electricity, natural gas, broadband and other products and services to
mass market customers less the cost of purchasing those products and services, and the cost to service customers.
‘Unallocated’ includes corporate functions not directly allocated to the operating segments.
The Customer segment purchases electricity from the Wholesale segment at a fixed price in a manner similar to transactions with
third parties.
A2. EARNINGS
The tables on the next pages provide a breakdown of Contact’s revenue and expenses, earnings before interest, tax, depreciation
and amortisation, and changes in fair value of financial instruments (EBITDAF) by segment, and a reconciliation from EBITDAF and
underlying profit to profit reported under NZ GAAP.
Revenue from Simply Energy Limited for electricity supply and billing services is included in the ‘C&I electricity - Fixed price’ and
‘C&I electricity - Pass through’ revenue lines. Simply Energy revenue is recognised when energy is supplied for customer
consumption and as billing services are provided. Revenue recognition involves the calculation of unbilled revenue accruals.
The significant items category has been removed in the current reporting period, to improve the understandability of the EBITDAF
measure. The increase in Holidays Act provision recognised in the year ended 30 June 2020 has been reclassified to other operating
expenses, reducing EBITDAF by $5 million with no overall impact to profit. There is no impact in the 6 months ended 31 December
2019 or the 6 months ended 31 December 2020 as the significant items in these periods were the movements in the fair value of
financial instruments which continue to be excluded from EBITDAF as described above.
EBITDAF and underlying profit are used to monitor performance and are non-GAAP profit measures.
8 Contact | Interim Financial Statements
Contact | Interim Financial Statements 9
Unaudited 6 months ended 31 Dec 2020 Unaudited 6 months ended 31 Dec 2019 Audited year ended 30 June 2020
$m
Wholesale Customer Unallocated Eliminations Total Wholesale Customer Unallocated Eliminations Total Wholesale Customer Unallocated Eliminations Total
Mass market electricity
- 446 - - 446 - 450 - - 450 - 861 - (1) 860
C&I electricity - Fixed price
126 - - - 126 152 - - - 152 275 - - - 275
C&I electricity - Pass through
18 - - - 18 12 - - - 12 16 - - - 16
Wholesale electricity, net of hedging
471 - - - 471 425 - - - 425 791 - - - 791
Electricity-related services revenue
4 - - - 4 3 - - - 3 8 - - - 8
Inter-segment electricity sales
183 - - (183) - 169 - - (169) - 332 - - (332) -
Gas
1 41 - - 42 1 41 - - 42 1 74 - - 75
Steam
17 - - - 17 17 - - - 17 26 - - - 26
Broadband
- 13 - - 13 - 7 - - 7 - 17 - - 17
Total revenue
820 500 - (183) 1,137 779 498 - (169) 1,108 1,449 952 - (333) 2,068
Other income
1 3 - - 4 (1) 3 - - 2 - 5 - - 5
Total revenue and other income
821 503 - (183) 1,141 778 501 - (169) 1,110 1,449 957 - (333) 2,073
Electricity purchases, net of hedging
(371) - - - (371) (355) - - - (355) (635) - - - (635)
Electricity purchases - Pass through
(14) - - - (14) (10) - - - (10) (14) - - - (14)
Electricity related services cost
(3) - - - (3) (3) - - - (3) (7) - - - (7)
Inter-segment electricity purchases
- (183) - 183 - - (169) - 169 - - (332) - 332 -
Gas and diesel purchases
(60) (14) - - (74) (54) (13) - - (67) (90) (24) - - (114)
Gas storage costs
(12) - - - (12) (11) - - - (11) (22) - - - (22)
Carbon emissions
(16) (2) - - (18) (11) (2) - - (13) (24) (4) - - (28)
Generation transmission & levies
(14) - - - (14) (21) - - - (21) (32) - - - (32)
Electricity networks, levies & meter costs - Fixed Price
(43) (199) - - (242) (54) (219) - - (273) (95) (414) - - (509)
Electricity networks, levies & meter costs - Pass through
(4) - - - (4) (2) - - - (2) (2) - - - (2)
Gas networks, transmission & meter costs
(4) (20) - - (24) (5) (20) - - (25) (9) (37) - - (46)
Broadband costs
- (15) - - (15) - (7) - - (7) - (17) - - (17)
Other operating expenses
(51) (40) (13) - (104) (48) (41) (13) - (102) (93) (79) (30) 1 (201)
Total operating expenses
(592) (473) (13) 183 (895) (574) (471) (13) 169 (889) (1,023) (907) (30) 333 (1,627)
EBITDAF
229 30 (13) - 246 204 30 (13) - 221 426 50 (30) - 446
Depreciation and amortisation
(114)
(110)
(220)
Net interest expense
(26)
(28)
(55)
Tax on underlying profit
(31)
(25)
(46)
Underlying profit 75 58 125
Change in fair value of financial instruments
4
2
-
Tax on change in fair value of financial instruments
(1)
(1)
-
Profit 78 59 125
Underlying profit per share (cents) 10.5 8.0 17.5
10 Contact | Interim Financial Statements
Contact | Interim Financial Statements 11
A3. FREE CASH FLOW
$m
Unaudited
6 months ended
31 Dec 2020
Unaudited
6 months ended
31 Dec 2019
Audited
Year ended
30 June 2020
EBITDAF 246 221 451
Tax paid (58) (56) (70)
Change in working capital net of investing and financing activities 21 5 7
Non-cash share-based compensation 1 2 2
Net interest paid, excluding capitalised interest (22) (25) (49)
Operating cash flows 188 147 341
Stay in business capital expenditure (31) (27) (51)
Operating free cash flow and free cash flow 157 120 290
Operating free cash flow per share (cents) 21.9 16.8 40.4
A4. RELATED PARTY TRANSACTIONS
Contact’s related parties include its Directors, the Leadership Team (LT) and Drylandcarbon One Limited Partnership. Contact
Energy Limited increased its shareholding in Simply Energy Limited to 100% on 31 August 2020, at which point Simply Energy
Limited became a subsidiary of Contact Energy Limited. Transactions with Simply Energy Limited up to that point are disclosed
below.
$m
Unaudited
6 months ended
31 Dec 2020
Unaudited
6 months ended
31 Dec 2019
Audited
Year ended
30 June 2020
Simply Energy Limited
Electricity contracts 1 - 2
Drylandcarbon One Limited Partnership
Capital contributions (3) - (4)
Key management personnel
Directors' fees (1) (1) (1)
LT - salary and other short-term benefits (3) (3) (5)
LT - share-based compensation expense - (1) (2)
Members of the LT and Directors purchase goods and services from Contact for domestic purposes on normal commercial terms
and conditions. For members of the LT this includes the staff discount available to all eligible employees.
B. Our Funding
Notes to the Financial Statements for the six months ended 31 December 2020
B1. SHARE CAPITAL
Number $m
Balance at 1 July 2019 716,774,782 1,523
Share capital issued 1,302,816 4
Balance at 31 December 2019 718,077,598 1,527
Share capital issued 54,286 1
Balance at 30 June 2020 718,131,884 1,528
Share capital issued 434,021 2
Balance at 31 December 2020 718,565,905 1,530
Comprised of:
Ordinary shares 718,292,191 1,531
Contact Share 273,714 (1)
During the period Contact granted a new tranche of share awards under the Equity Scheme, comprising 228,761 performance
share rights (PSRs) and 301,355 deferred share rights (DSRs). PSRs and DSRs have no exercise price.
B2. DIVIDENDS PAID
$m Cents per share
Unaudited
6 months ended
31 Dec 2020
Unaudited
6 months ended
31 Dec 2019
Audited
Year ended
30 June 2020
2019 final dividend 23 - 165 165
2020 interim dividend 16 - - 115
2020 final dividend 23 165 - -
165 165 280
On 12 February 2021 the Board declared an interim dividend of 14 cents per share to be paid on 30 March 2021.
12 Contact | Interim Financial Statements
Contact | Interim Financial Statements 13
B3. BORROWINGS
$m
Unaudited
31 Dec 2020
Unaudited
31 Dec 2019
Audited
30 June 2020
Bank overdraft 4 2 1
*Commercial paper 80 100 120
*Drawn bank facilities 191 31 64
Lease obligations 22 24 22
*Wholesale bonds - 50 -
*Retail bonds 350 350 350
*Export credit agency facility
50 57 54
*USPP notes
376 447 447
Face value of borrowings 1,073 1,061 1,058
Deferred financing costs (4) (5) (4)
Fair value adjustment on hedged borrowings 68 85 144
Carrying value of borrowings 1,137 1,141 1,198
Current 247 262 220
Non-current 890 879 978
Borrowings denoted with an asterisk (*) are Green Debt Instruments under Contact’s Green Borrowing Programme, which has
been certified by the Climate Bonds Initiative. At 31 December 2020 Contact remains compliant with the requirements of the
programme. Further information is available on the sustainability section on our website.
B4. NET INTEREST EXPENSE
$m
Unaudited
6 months ended
31 Dec 2020
Unaudited
6 months ended
31 Dec 2019
Audited
Year ended
30 June 2020
Interest expense on borrowings (27) (28) (56)
Unwind of discount on provisions (3) (3) (5)
Capitalised interest 4 3 6
Net interest expense (26) (28) (55)
Included within interest expense on borrowings is $1 million (31 December 2019: $1 million, 30 June 2020: $2 million) of interest
expense relating to finance leases.
C. Our Assets
Notes to the Financial Statements for the six months ended 31 December 2020
C1. PROPERTY, PLANT AND EQUIPMENT AND INTANGIBLE ASSETS
Property, plant and equipment
$m
Unaudited
31 Dec 2020
Unaudited
31 Dec 2019
Audited
30 June 2020
Opening balance 4,026 4,126 4,126
Additions 32 41 84
Depreciation (95) (92) (184)
Disposals - - -
Closing balance 3,963 4,075 4,026
Included within property, plant and equipment is $25 million (31 December 2019: $27 million, 30 June 2020: $25 million) of lease
assets with a depreciation charge of $2 million for the six months ended 31 December 2020 (31 December 2019: $2 million, 30
June 2020: $4 million).
Included within additions is capitalised interest of $4 million (31 December 2019: $3 million, 30 June 2020: $6 million) in relation
to capital works underway at the Tauhara geothermal field.
Intangibles
$m
Unaudited
31 Dec 2020
Unaudited
31 Dec 2019
Audited
30 June 2020
Opening balance 230 260 260
Additions 35 18 33
Amortisation (19) (18) (36)
Disposals - - (27)
Closing balance 246 260 230
Current 29 26 3
Non-current 217 234 227
At 31 December 2020, Contact was committed to $8 million of capital expenditure (31 December 2019: $13 million, 30 June 2020:
$8 million) and $8 million of carbon forward contracts (31 December 2019: $31 million, 30 June 2020: $33 million), all of which are
due within one year of the reporting period end.
Rio Tinto announced on 14 January 2021 that New Zealand’s Aluminium Smelter will continue to operate until the end of 2024, and
Contact has now reached its final investment decision on, and will proceed with, the development of the Tauhara geothermal plant.
Contact is undertaking a strategic review of its thermal assets, from which Taranaki Combined Cycle (TCC) assets with a net book
value of $107 million will be fully depreciated by 31 December 2023.
A useful life review of existing Wairākei assets will also be undertaken in the second half of FY21, allowing for future considerations
of how the existing Wairākei A & B stations will be replaced. This may impact the useful life assessment of Wairākei assets going
forward.
14 Contact | Interim Financial Statements
Contact | Interim Financial Statements 15
C2. GOODWILL AND ASSET IMPAIRMENT TESTING
Contact has two cash-generating units (CGUs): Wholesale and Customer. The Customer CGU includes goodwill of $179 million (31
December 2019 and 30 June 2020: $179 million), and the Wholesale CGU includes goodwill of $23 million, following acquisition of
Simply Energy Limited in the period (31 December 2019 and 30 June 2020: $nil). Capital work in progress (CWIP) includes $150
million (31 December 2019: $116 million, 30 June 2020: $140 million) related to future generation developments not allocated to a
CGU.
Contact Energy Limited increased its shareholding in Simply Energy Limited to 100% on 31 August 2020, as part of its efforts to
accelerate decarbonisation and provide commercial & industrial customers with valuable, innovative energy solutions. The
provisional goodwill of $23 million reflects the capabilities that Simply provides and includes $7.5 million fair value of expected
performance payments which are linked to decarbonisation and earnings targets (possible performance payments of $nil - $15
million).
No impairments were recognised in the current or prior period. Future cash flows were assessed on the basis that New Zealand’s
Aluminium Smelter continues to operate until the end of 2024, reflecting the Rio Tinto announcement of 14 January 2021. This
supports the carrying value of the CGUs and future generation development CWIP.
Sensitivities
The calculation of the value in use for the CGUs is most sensitive to the wholesale electricity prices and the post-tax discount rate.
The sensitivity of the valuation model to the wholesale electricity prices and discount rate, where all other inputs remain constant,
is as follows:
Significant unobservable inputs Sensitivity Impact $m
Post tax discount rate
-0.5% 540
+0.5% -444
Wholesale electricity price path
+10% 346
-10% -346
The value in use exceeds the carrying value for all sensitivities carried out.
16 Contact | Interim Financial Statements
Contact | Interim Financial Statements 17
D. Financial Risks
Notes to the Financial Statements for the six months ended 31 December 2020
D1. SUMMARY OF DERIVATIVE FINANCIAL INSTRUMENTS
A summary of derivatives and the impact on Contact’s financial position is provided below grouped by type of hedge relationship.
Unaudited at 31 December 2020 Unaudited at 31 December 2019 Audited at 30 June 2020
Fair value
hedge
Cash flow and fair
value hedge
Cash flow hedge No hedge
relationship
Fair value
hedge
Cash flow and fair
value hedge
Cash flow hedge No hedge
relationship
Fair value
hedge
Cash flow and fair
value hedge
Cash flow hedge No hedge
relationship
$m IRS CCIRS IRS
Electricity price
derivatives
Electricity price
derivatives Total IRS CCIRS IRS
Electricity price
derivatives
Electricity price
derivatives Total IRS CCIRS IRS
Electricity price
derivatives
Electricity price
derivatives Total
Carrying value of derivatives - asset 9 59 1 5 11 85 7 78 - 2 7 94 12 131 - 8 5 156
Carrying value of derivatives - liability - (7) (75) (52) (9) (143) - (4) (70) (31) (5) (110) - (1) (90) (33) (3) (127)
Carrying value of hedged borrowings (196) (435) - - - (631) (244) (523) - - - (767) (199) (578) - - - (777)
Fair value adjustments to borrowings (9) (59) - - - (68) (7) (78) - - - (85) (12) (132) - - - (144)
Change in fair value of financial
instruments to profit/(loss) - 1 2 - 1 4 - - 2 - - 2 - - 2 - (2) -
Hedge effectiveness recognised in
OCI - (6) 11 (43) - (38) - 1 2 (12) - (9) - 2 (20) (19) - (37)
Amounts reclassified to profit/(loss) - - 3 21 - 24 - - 3 10 - 13 - - 5 19 - 24
The cross currency interest rate swaps (CCIRS) liability arises from the cash flow hedge component.
18 Contact | Interim Financial Statements
Contact | Interim Financial Statements 19
Conclusion
Based on our review, nothing has come to our attention that
causes us to believe that the interim financial statements on
pages 2 to 17 do not:
i. present fairly in all material respects the company’s financial
position as at 31 December 2020 and its financial performance
and cash flows for the six month period ended on that date; and
ii. comply with NZ IAS 34 Interim Financial Reporting.
We have completed a review of the accompanying interim
financial statements which comprise:
• the statement of financial position as at 31 December 2020;
• the statements of comprehensive income, changes in equity
and cash flows for the six month period then ended; and
• notes, including a summary of significant accounting policies
and other explanatory information.
Basis for conclusion
A review of interim financial statements in accordance with NZ
SRE 2410 Review of Financial Statements Performed by the
Independent Auditor of the Entity (“NZ SRE 2410”) is a limited
assurance engagement. The auditor performs procedures,
consisting of making enquiries, primarily of persons responsible
for financial and accounting matters, and applying analytical and
other review procedures.
As the auditor of Contact Energy Limited, NZ SRE 2410 requires
that we comply with the ethical requirements relevant to the
audit of the annual financial statements.
Our firm has also provided other services to the company in
relation to Trustee reporting and other assurance for Greenhouse
gas emissions reporting, Global Reporting Initiative Indicators and
Green Borrowings Programme reporting. Subject to certain
restrictions, partners and employees of our firm may also deal
with the company on normal terms within the ordinary course of
trading activities of the business of the company. These matters
have not impaired our independence as reviewer of the company.
The firm has no other relationship with, or interest in, the
company.
Use of this Independent Review Report
This report is made solely to the shareholders as a body. Our
review work has been undertaken so that we might state to the
shareholders those matters we are required to state to them in
the Independent Review Report and for no other purpose. To the
fullest extent permitted by law, we do not accept or assume
responsibility to anyone other than the shareholders as a body for
our review work, this report, or any of the opinions we have
formed.
Responsibilities of the Directors for the interim financial
statements
The Directors, on behalf of the company, are responsible for:
• the preparation and fair presentation of the interim financial
statements in accordance with NZ IAS 34 Interim Financial
Reporting;
• implementing necessary internal control to enable the
preparation of interim financial statements that is fairly
presented and free from material misstatement, whether
due to fraud or error; and
• assessing the ability to continue as a going concern. This
includes disclosing, as applicable, matters related to going
concern and using the going concern basis of accounting
unless they either intend to liquidate or to cease operations,
or have no realistic alternative but to do so.
Auditor’s Responsibilities for the review of the interim
financial statements
Our responsibility is to express a conclusion on the interim
financial statements based on our review. We conducted our
review in accordance with NZ SRE 2410. NZ SRE 2410 requires us
to conclude whether anything has come to our attention that
causes us to believe that the interim financial statements are not
prepared, in all material respects, in accordance with NZ IAS 34
Interim Financial Reporting.
The procedures performed in a review are substantially less than
those performed in an audit conducted in accordance with
International Standards on Auditing (New Zealand). Accordingly,
we do not express an audit opinion on these interim financial
statements.
This description forms part of our Independent Review Report.
KPMG
Wellington
12 February 2021
Corporate Directory
BOARD OF DIRECTORS
Robert McDonald (Chair)
Victoria Crone
Whaimutu Dewes
Jon Macdonald
David Smol
Elena Trout
Dame Therese Walsh
LEADERSHIP TEAM
Mike Fuge
Chief Executive Officer
Jan Bibby
Chief People Officer
Venasio-Lorenzo Crawley
Chief Customer Officer
Dorian Devers
Chief Financial Officer
James Kilty
Deputy Chief Executive Officer
Jacqui Nelson
Chief Generation Officer
Catherine Thompson
Chief Corporate Affairs Officer and General Counsel
REGISTERED OFFICE
Contact Energy Limited
Harbour City Tower
29 Brandon Street
Wellington 6011
New Zealand
Phone: +64 4 499 4001
Find us on Facebook, Twitter, LinkedIn and Youtube by
searching for Contact Energy
COMPANY NUMBERS
NZ Incorporation 660760
ABN 68 080 480 477
AUDITOR
KPMG
PO BOX 996
Wellington 6140
REGISTRY
Change of address, payment instructions and investment
portfolios can be viewed and updated online:
investorcentre.linkmarketservices.co.nz
investorcentre.linkmarketservices.com.au
New Zealand Registry
Link Market Services Limited
PO Box 91976, Auckland 1142
Level 11, Deloitte Centre
80 Queen Street, Auckland 1010
contactenergy@linkmarketservices.co.nz
Phone: +64 9 375 5998
Australian Registry
Link Market Services Limited
Locked Bag A14, Sydney
South, NSW 1235
680 George Street, Sydney, NSW 2000
contactenergy@linkmarketservices.com.au
Phone: +61 2 8280 7111
INVESTOR ENQUIRIES
Matthew Forbes
GM Corporate Finance
investor.centre@contactenergy.co.nz
Phone: +64 4 462 1323
SUSTAINABILITY ENQUIRIES
Nakia Randle
Sustainability Advisor
nakia.randle@contactenergy.co.nz
To the shareholders of Contact Energy Limited
Report on the interim financial statements
Independent Review Report
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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“Name of issuer Reporting Period Previous Reporting Period Currency Revenue from continuing operations Total Revenue Net profit/(loss) from continuing operations Total net profit/(loss) Amount per Quoted Equity Security Imputed amount per Quoted Equity Security Record Date D…”
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