FY24 Q2 Performance Report

MARKET RELEASE

Date: 23 January 2024
NZX: GNE / ASX: GNE
FY24 Q2 Performance Report

Q2 saw a number of key milestones for Genesis Energy including the launch of its new Gen35 strategy,
achieving financial close on the country’s first project financed grid-scale solar farm at Lauriston and
significant growth in customer numbers by more than 4,500 across both the Genesis and Frank brands.

The Kupe KS 9 drilling programme was completed, with first gas expected in FY24 Q3. Huntly Unit 5
returned to service in late January, months ahead of the original anticipated date.

Chief Executive, Malcolm Johns, said the business continues to perform well while managing two key
priorities.

“We continue work to set ourselves up for future growth while remaining focused on delivering for
customers on a daily basis. Our teams are juggling these priorities well and that is underlined by the
performance this quarter,” he said.

Genesis’ FY24 Q2 Performance Report is attached. Please note that as the insurance claim related to
the Huntly Unit 5 outage has not been finalised, insurance proceeds are not included in the operating
statistics.


ENDS


For investor relations enquiries, please contact:
Tim McSweeney
GM Investor Relations & Market Risk
M: 027 200 5548

For media enquiries, please contact:
Chris Mirams
GM Communications & Media
M: 027 246 1221




About Genesis Energy
Genesis Energy (NZX: GNE, ASX: GNE) is a diversified New Zealand energy company. Genesis sells electricity,
reticulated natural gas and LPG through its retail brands of Genesis and Frank and is one of New Zealand’s largest
energy retailers with approximately 500,000 customers. The Company generates electricity from a diverse
portfolio of thermal and renewable generation assets located in different parts of the country. Genesis also has
a 46% interest in the Kupe Joint Venture, which owns the Kupe Oil and Gas Field offshore of Taranaki, New
Zealand. Genesis had revenue of $NZ2.4 billion during the 12 months ended 30 June 2023. More information
can be found at www.genesisenergy.co.nz

---

Genesis Energy Limited FY23 Q2 Performance Report 1.
FY24 Q2
Performance Report
23 January 2024

FY24 Q2 Performance Highlights
Retail
$138/MWh
Electricity Netback
1
WholesaleKupe
3
Kupe Gas Sales
15.8% increase on pcp
2
493,215
Total Customers
2.5% increase on pcp
6,771
EV Customers
28% increase on FY24 Q1
63 MWp
Financial Close Achieved
Lauriston Solar Farm
474 GWh
Rankine Generation
425 GWhincrease on pcp
Total Generation Costs
$31/MWhincrease on pcp
FY24 Q3
Drilling complete, first gas expected
FY24 Q3
1.Includes a life-to-date adjustment of +$3.49/MW h due to accounting treatment of long-term fixed priced C&I contracts.
2.Pcp refers to Q2 FY23 unless otherwise stated.
3.Refers to Genesis’ 46% share.
Genesis Energy Limited FY24 Q2 Performance Report 2.
0.8 PJ
1 PJ decrease on pcp
Kupe LPG Sales
3.8 kt
4 kt decrease on pcp
Kupe KS-9 Development
$51/MWh

Genesis Energy Limited FY24 Q2 Performance Report 3.
Financial close was achieved on the 63 MWp Lauriston Solar Farm,
alongside joint venture partners FRV Australia. BeonEnergy
Solutions was selected as EPC provider.
Genesis continued to grow customers across both brands, with
4,560 customers gained in the quarter. EV customer growth
continued strongly; 1,486 customers on EV plans gained.
Hydro inflows were lower, relative to very high inflows that occurred
in Q2 FY23. The outage at Huntly Unit 5 meant that additional
Rankine generation was required to support the wholesale
electricity market.
Huntly Unit 5 returned to service in late January 2024, months
ahead of the original anticipated date.
Kupe KS-9 drilling programme concluded. First gas remains on
schedule for Q3 FY24.
PerformanceHighlights
6,771
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
Q3Q4Q1Q2
FY23FY24
CUSTOMERS ON EV PLANS - GENESIS

Genesis Energy Limited FY24 Q2 Performance Report 4.
Operating Performance
All prices and volumes in this report are unaudited and subject to change. Reported numbers have been rounded and might
not appear to add or multiply.
1
Retail C&I Electricity sales include a life-to-date adjustment of +$4.9 million due to accounting treatment of long-term fixed
priced contracts.
Q2 FY24Q2 FY23VarianceYTD FY24YTD FY23
ELECTRICITYVolumeRate per unit$m VolumeRate per unit$m VolumeRate per unit$mVolumeRate per unit$m VolumeRate per unit$m
Retail ResiElectricity678 GWh$290/MWh196.5 648 GWh$275/MWh178.1 30 GWh$15/MWh18.3 1,628 GWh$281/MWh458.0 1,535 GWh$269/MWh413.5
Retail SME Electricity254 GWh$258/MWh65.6 254 GWh$247/MWh62.6 1 GWh$11/MWh3.0 514 GWh$254/MWh130.5 503 GWh$248/MWh124.8
Retail C&I Electricity473 GWh$164/MWh77.9
1
442 GWh$136/MWh59.9 32 GWh$29/MWh17.9 905 GWh$190/MWh171.7 888 GWh$156/MWh138.6
Total Retail Sales1,405 GWh$242/MWh339.9 1,343 GWh$224/MWh300.7 62 GWh$18/MWh39.3 3,048 GWh$249/MWh760.2 2,925 GWh$231/MWh676.9
Wholesale Electricity Sales1,209 GWh$153/MWh184.9 1,204 GWh$54/MWh65.2 5 GWh$99/MWh119.7 2,884 GWh$140/MWh403.9 2,913 GWh$69/MWh200.1
Generation Costs - Thermal494 GWh$125/MWh61.8 227 GWh$105/MWh23.9 267 GWh$20/MWh37.9 1,338 GWh$120/MWh161.0 873 GWh$95/MWh82.8
Generation Costs - Renewable715 GWh--976 GWh--(261)GWh--1,545 GWh--2,040 GWh--
Generation Costs - Total
1,209 GWh$51/MWh61.8 1,204 GWh$20/MWh23.9 5 GWh$31/MWh37.9 2,884 GWh$56/MWh161.0 2,913 GWh$28/MWh82.8
Retail Purchases
Retail Purchases
1,476 GWh$149/MWh219.2 1,413 GWh$50/MWh70.8 63 GWh$98/MWh148.5 3,201 GWh$139/MWh445.7 3,076 GWh$64/MWh196.1
Transmission and Distribution Costs130.0 126.5 3.4 282.1 273.3
GASVolumeRate per unit$m VolumeRate per unit$m VolumeRate per unit$m VolumeRate per unit$m VolumeRate per unit$m
Retail ResiGas
0.5 PJ$49.9/GJ26.4 0.5 PJ$46.6/GJ23.4 0.0 PJ$3.2/GJ3.0 1.5 PJ$42.1/GJ62.2 1.5 PJ$38.2/GJ56.0
Retail SME Gas0.3 PJ$29.7/GJ9.8 0.3 PJ$28.3/GJ8.5 0.0 PJ$1.4/GJ1.4 0.8 PJ$28.3/GJ22.1 0.7 PJ$26.7/GJ19.9
Retail C&I Gas0.7 PJ$22.9/GJ16.4 0.8 PJ$20.8/GJ15.7 (0.0) PJ$2.1/GJ0.7 1.7 PJ$21.1/GJ35.7 1.8 PJ$20.3/GJ35.7
Total Retail Sales1.6 PJ$33.4/GJ52.6 1.6 PJ$30.6/GJ47.6 0.0 PJ$2.8/GJ5.0 3.9 PJ$30.4/GJ120.0 4.0 PJ$28.1/GJ111.6
Wholesale Sales0.0 PJ$14.1/GJ0.5 1.8 PJ$7.8/GJ13.9 (1.7) PJ$6.3/GJ(13.4)0.1 PJ$10.1/GJ0.9 2.3 PJ$8.1/GJ18.6
Cost of Gas1.6 PJ$8.5/GJ13.7 3.3 PJ$9.1/GJ30.5 (1.7) PJ-$0.6/GJ(16.9)4.0 PJ$8.7/GJ35.3 6.3 PJ$9.0/GJ56.3
Transmission and Distribution Costs21.8 18.9 2.8 46.1 41.2
LPGVolumeRate per unit$m VolumeRate per unit$m VolumeRate per unit$m VolumeRate per unit$m VolumeRate per unit$m
Bottled LPG Sales
4.6 kt$3,155/t14.6 4.4 kt$2,941/t13.0 0.2 kt$214/t1.5 10.6 kt$3,052/t32.4 10.6 kt$2,727/t28.9
SME & Other Bulk LPG Sales5.9 kt$1,769/t10.4 6.0 kt$1,649/t9.9 -0.2 kt$120/t0.4 12.8 kt$1,757/t22.5 14.0 kt$1,632/t22.9
Total Retail Sales10.5 kt$2,380/t24.9 10.5 kt$2,196/t23.0 0.0 kt$184/t1.9 23.4 kt$2,343/t54.9 24.6 kt$2,103/t51.8
Wholesale LPG Sales0.8 kt$1,072/t0.8 1.8 kt$1,093/t1.9 -1.0 kt-$22/t(1.1)1.6 kt$978/t1.5 2.7 kt$1,117/t3.0
LPG Cost11.2 kt$1,129/t12.7 12.2 kt$1,008/t12.3 -1.0 kt$121/t0.4 25.0 kt$1,062/t26.6 27.3 kt$962/t26.3
KUPEVolumeRate per unit$m VolumeRate per unit$m VolumeRate per unit$m VolumeRate per unit$m VolumeRate per unit$m
Oil Sales
69 Kbbl$90.9/bbl6.241 18 Kbbl$110.8/bbl2.0 50 Kbbl-$19.9/bbl4.2 69 Kbbl$88.8/bbl6.1 94 Kbbl$122.9/bbl11.5
Gas Sales0.8 PJ$8.3/GJ6.8 1.8 PJ$7.3/GJ13.1 (1.0)PJ$0.9/GJ(6.4)3.0 PJ$7.8/GJ23.3 4.3 PJ$7.2/GJ31.3
LPG Sales3.8 kt$544/t2.1 7.8 kt$455/t3.5 (4.0)Kt$90/t(1.5)12.6 kt$511/t6.4 18.5 kt$452/t8.3

Genesis Energy Limited FY24 Q2 Performance Report 5.
Operating Metrics
All prices and volumes in this report are unaudited and subject to change. Reported numbers have been rounded and might
not appear to add or multiply.
RETAIL SEGMENTQ2 FY24Q2 FY23% ChangeVar.Q1 FY24% ChangeVar.YTD FY24YTD FY23
RETAIL
Brand Net Promoter Score - Genesis Energy2022(9.1%)-21717.6% 3
Interaction Net Promoter Score - Genesis564816.7% 84524.4% 11
Gross Customer Churn (3 month rolling average, %)20.1% 18.7% 7.9% 1.5ppt 21.9% (7.9%)(1.7ppt)
Net Customer Churn (3 month rolling average, %)12.7% 11.7% 8.8% 1.0ppt 14.1% (9.9%)(1.4ppt)
Electricity Netback ($/MWh)$137.68
1
$118.93 15.8%$18.75 $151.86 (9.3%)($14.18)$145.32 $128.52
Gas Netback ($/GJ)$17.52 $17.15 2.1%$0.37 $16.99 3.1%$0.53 $17.20 $16.91
LPG Netback ($/t)$1,355.62 $1,175.88 15.3%$179.74 $1,353.43 0.2%$2.19 $1,354.41 $1,145.73
CUSTOMER NUMBERS
Customers > 1 Fuel148,915 140,587 5.9%8,328 146,010 2.0%2,905 148,915 140,587
Electricity Only Customers300,834 293,040 2.7%7,794 298,126 0.9%2,708 300,834 293,040
Gas Only Customers11,405 12,820 (11.0%)(1,415)11,518 (1.0%)(113)11,405 12,820
LPG Only Customers32,061 34,838 (8.0%)(2,777)33,001 (2.8%)(940)32,061 34,838
Total Customers493,215 481,285 2.5%11,930 488,655 0.9%4,560 493,215 481,285
Electricity ICPs Active-Occupied510,696 493,229 3.5%17,467 505,300 1.1%5,396 510,696 493,229
Gas ICPs Active-Occupied110,341 108,593 1.6%1,748 108,978 1.3%1,363 110,341 108,593
LPG Customer Connections92,055 89,356 3.0%2,699 91,490 0.6%565 92,055 89,356
Total ICPs713,092 691,178 3.2%21,914 705,768 1.0%7,324 713,092 691,178
WHOLESALE SEGMENTQ2 FY24Q2 FY23% ChangeVar.Q1 FY24% ChangeVar.YTD FY24YTD FY23
GENERATION
Generation Emissions (ktCO2)405 119 243.0% 289 581 (29.6%)(171)986 441
Generation Carbon Intensity (tCO2/GWh)335 99 241.5% 238 347 (2.5%)(8)342 152
Rankine Output (GWh)474 49 874.6% 425 825 (42.5%)(351)1,298 200
Rankines Fueled by Coal (%)49% 13% 278.5% 36ppt 24% 106.3% 25ppt 33% 15%
Total Gas Purchases (PJ)4.4 5.3 (17.7%)(0.9)9.4 (53.5%)(5.0)13.8 13.7
Total Coal Purchases (PJ)-0.6 (100.0%)(0.6)-N/A --3.0
Electricity CFD Purchases - Wholesale (GWh)500 434 15.3% 66 532 (5.9%)(32)1,032 822
Electricity CFD Purchase Price - Wholesale ($/MWh)$119 $114 4.2%$5 $146 (18.4%)($27)$133 $116
Electricity CFD Sales - Wholesale (GWh)336 468 (28.2%)(132)531 (36.7%)(195)867 1,186
Electricity CFD Sale Price - Wholesale ($/MWh)$126 $110 14.5%$16 $141 (10.3%)($14)$135 $131
Gas Used In Internal Generation (PJ)2.9 2.0 40.3% 0.86.9 (58.6%)(4.1)9.8 7.5
Weighted Average Gas Burn Cost ($/GJ)$10.0 $10.3 (2.4%)($0.2)$9.3 7.7% $0.7 $9.5 $9.5
Coal Used In Internal Generation (PJ) 2.6 0.1 nm 2.5 2.1 22.7% 0.5 4.7 0.4
Weighted Average Coal Burn Cost ($/GJ)$8.0 $8.0 (0.2%)($0.0)$7.9 (0.0%)($0.0)$8.0 $8.0
Coal Stockpile - closing balance (kilotonnes)731 998 (26.7%)(266)859 (14.8%)(127)
POWER PURCHASE AGREEMENTS
Wind (GWh)128 110 15.8% 17 130 (1.9%)(2)258 227
Average Price Received for PPA - GWAP ($/MWh)$124.43 $34.21 263.7% $90.22 $102.21 21.7% $22.22 $113.22 $42.99
1.Includes a life-to-date adjustment of +$3.49/MW h due to accounting treatment of long-term fixed priced C&I contracts.

Genesis Energy Limited FY24 Q2 Performance Report 6.
Operating Metrics
All prices and volumes in this report are unaudited and subject to change. Reported numbers have been rounded and might
not appear to add or multiply.
.
1.The severity and classification of injuries are subject to change based on medical assessment and acceptanc e by ACC. This mayresult in historical restatement.
KUPE SEGMENTQ2 FY24Q2 FY23% ChangeVar.Q1 FY24% ChangeVar.YTD FY24YTD FY23
KUPE
Oil Production (kbbl)19 44 (57.4%)(25)50 (62.4%)(31)68 106
Average Brent Crude Oil (USD/bbl)$85.17 $88.71 (4.0%)($3.54)$87.02 (2.1%)($1.85)$86.10 $94.78
LPG Production (kt)3.4 7.6 (55.6%)(4.2)9.3 (63.5%)(5.9)12.6 18.4
LPG Production Yield (t/TJ)4.1 4.3 (2.9%)(0.1)4.2 (2.7%)(0.1)4.2 4.3
OTHERQ2 FY24Q2 FY23% ChangeVar.Q1 FY24% ChangeVar.YTD FY24YTD FY23
CORPORATE
Headcount (FTE)1,287 1,195 7.6%91 1,278 0.6%8 1,287 1,195
Total Recordable Injuries
1
14 7 100.0%7 15 (6.7%)(1)29 18

Genesis Energy Limited FY24 Q2 Performance Report 7.
Appendix: Retail Segment
6.0
6.5
7.0
7.5
8.0
8.5
9.0
0.0
0.5
1.0
1.5
2.0
2.5
3.0
FY21
Q1
Q2Q3Q4FY22
Q1
Q2Q3Q4FY23
Q1
Q2Q3Q4FY24
Q1
Q2
GAS SALES VOLUME (PJ)
Quarterly Resi Sales VolumesQuarterly SME Sales Volumes
Quarterly C&I Sales VolumesRolling 12-month Sales Volume (RHS)
30,000
40,000
50,000
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
FY21
Q1
Q2Q3Q4FY22
Q1
Q2Q3Q4FY23
Q1
Q2Q3Q4FY24
Q1
Q2
LPG SALES VOLUME (Tonnes)
Quarterly Bottled LPG Sales VolumesQuarterly Bulk & SME LPG Sales Volume
Rolling 12-month Sales Volume (RHS)
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
0
500
1,000
1,500
2,000
FY21
Q1
Q2Q3Q4FY22
Q1
Q2Q3Q4FY23
Q1
Q2Q3Q4FY24
Q1
Q2
ELECTRICITY SALES VOLUME (GWh)
Quarterly Resi Sales VolumesQuarterly SME Sales Volumes
Quarterly C&I Sales VolumesRolling 12-month Sales Volume (RHS)

Genesis Energy Limited FY24 Q2 Performance Report 8.
Appendix: Wholesale Segment
0
50
100
150
200
250
JanFebMarAprMayJunJulAugSepOctNovDec
WAIKAREMOANA STORAGE Vs LONG RUN AVERAGE (GWh)
Long Run Average Storage12 Month Storage
0
100
200
300
400
500
600
700
800
900
1,000
JanFebMarAprMayJunJulAugSepOctNovDec
TEKAPO STORAGE Vs LONG RUN AVERAGE (GWh)
Long Run Average Storage12 Month Storage
0
1,000
2,000
3,000
4,000
5,000
JanFebMarAprMayJunJulAugSepOctNovDec
NEW ZEALAND DAILY STORAGE (ALL GENERATORS, GWh)
Long Run Average Storage12 Month Storage
0
1
2
3
4
5
6
7
JanFebMarAprMayJunJulAugSepOctNovDec
TONGARIRO GENERATION (GWh/Day)
20 Year Average7 Day Rolling Average

Genesis Energy Limited FY24 Q2 Performance Report 9.
Appendix: Wholesale Segment
$50
$100
$150
$200
$250
Jan-21Apr-21Jul-21Oct-21Jan-22Apr-22Jul-22Oct-22Jan-23Apr-23Jul-23Oct-23
ASX FUTURES SPOT PRICING ($/MWh)
1-Year Contract2-Year Contract3-Year Contract
0%
20%
40%
60%
80%
100%
$0
$50
$100
$150
Q3Q4FY22
Q2
Q2Q3Q4FY23
Q1
Q2Q3Q4FY24
Q1
Q2
PORTFOLIO AND THERMAL FUEL COSTS
Weighted Average Fuel Cost - Thermal ($/MWh)
Weighted Average Fuel Cost - Portfolio ($/MWh)
Renewable Contribution to Total Generation (RHS, %)
0
500
1,000
1,500
2,000
2,500
Q3Q4FY22 Q1Q2Q3Q4FY23 Q1Q2Q3Q4FY24 Q1Q2
GENERATION BY POWER STATION (GWh)
North Island HydroSouth Island HydroHuntly Units 1 to 4 Gas
Huntly Units 1 to 4 CoalHuntly Unit 5Huntly Unit 6
Wind

Genesis Energy Limited FY24 Q2 Performance Report 10.
Appendix: Kupe Segment
0
2
4
6
8
10
12
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
Q3Q4FY22 Q1Q2Q3Q4FY23 Q1Q2Q3Q4FY24 Q1Q2
KUPE GAS SALE VOLUMES (GENESIS SHARE, PJ)
Quarterly Sales VolumeRolling 12 Month Sales Volume (RHS)
0
50
100
150
200
250
300
350
400
0.00
20.00
40.00
60.00
80.00
100.00
120.00
Q3Q4FY22
Q1
Q2Q3Q4FY23
Q1
Q2Q3Q4FY24
Q1
Q2
KUPE OIL PRODUCTION VOLUME (GENESIS SHARE, kbbl)
Quarterly Production VolumeRolling 12 Month Production Volume (RHS)
$0
$20
$40
$60
$80
$100
$120
$140
JanFebMarAprMayJunJulAugSepOctNovDec
BRENT CRUDE OIL SPOT PRICE (USD/bbl)
12 Months to Dec 2212 Months to Dec 23

Glossary – Performance
Genesis Energy Limited FY24 Q2 Performance Report 11.
Electricity
Retail Sales Residential
Sales of electricity to residential customers
Retail Sales SMESales of electricity to small business customers
Retail Sales C&ISales of electricity to commerc ial and industrial customers
W holesale SalesSale of generated electricity onto the spot market, excluding PPA settlements and ancillary revenue
Generation Costs Direct generation costs, inclusive of fuels and carbon
Retail PurchasesPurchases of electric ity on spot market for retail customers
Transmission and Distribution CostsTotal electricity transmission and distribution costs, connection charges, electricity market levies and meter leasing
Gas
Retail Sales ResidentialSales of gas to residential customers
Retail Sales SMESales of gas to small business customers
Retail Sales C&ISales of gas to commercial and industrial customers
W holesale SalesSales of gas to wholes ale customers
Gas CostPurchase of gas for sale (excludes gas used in electricity generation)
Transmission and Distribution CostsTotal gas transmission and distribution costs, gas levies and meter leasing
LPG
BottledLPGSalesRepresents45kgLPGbottlesales
SME& OtherBulkLPGsalesRepresentsSMEandotherbulkandthi rdpartydistributors
W holesale LPG SalesSales of LPG to wholes ale customers
LPG CostPurchase of LPG for sale
Kupe
Oil SalesSale of crude oil
Gas SalesSale of gas
LPG SalesSale of LPG

Glossary – Operational Metrics
Genesis Energy Limited FY24 Q2 Performance Report 12.
Retail
BrandNetPromoterScoreBasedonsurveyquestion “Howlikelywouldyou betorecommend Genes is/Frank Energyto yourfriendsorfamily?”Calculated on 3 month rolling basis.
InteractionNetPromoterScore
Based on survey question “Based on your recent interaction with Genesis/Frank, how likely would you be to recommendGenesis/Frankto yourfamily/friends?”
Calculated on 3 month rolling basis.
CustomersElectricityand gas customersare defined bysingle customer view,regardless of number ofconnections (ICP’s)
SingleCustomerViewRepresentsuniquecustomerswhichmayhavemultipleICPs
ICPInstallationConnectionPoint, aconnectionpoint thatis bothoccupiedand hasnotbeen disconnected(Active-Occupied)
LPGCustomerConnectionsDefinedasnumberof customers
GrossCustomerChurnDefinedasresidential customersinstigatinga traderswitchorhomemove
NetCustomerChurnDefinedaspercentage of residential customers that finalise in a period.
Resi,SME,C&IResidential,smallandmediumenterprisesandcommercial& industrialcustomers
B2BBusinesstoBusiness,includingbothSMEandC&I
Netback($/MW h,$/GJ,$/tonne)
Customer EBITDAF by fuel type plus respective fuel purchase cost divided by total fuel sales volumes, stated in native fuel units (excluding corporatealloc ation costs and
Technology& Digital cost centre)

Glossary – Operational Metrics
Genesis Energy Limited FY24 Q2 Performance Report 13.
Wholesale
Electricity Financial Contract Purchases –W holesale
(GW h)
Settlement volumes of generation hedge purchases, including exchange traded and OTC contracts. Excludes PPAs, active trading,Financial Transmissions Rights
(FTRs) and Cap/Collar/Floor contracts
Electricity Financial Contract Purchases –W holesale Price
($/MW h)
Average price paid for Electricity Financ ial Contract Purchases – W holesale
Electricity Financial Contract Sales –W holesale (GW h)Settlement volumes of generation hedge sales, including exchange traded and OTC contracts. Excludes PPAs, active trading, Financial Transmissions Rights (FTRs)
and Cap/Collar/Floor contracts
Electricity Financial Contract Sales –W holesale Price
($/MW h)
Average price paid for Electricity Financ ial Contract Sales – W holesale
Generation Emissions Carbon emissions due to coal and gas electricity generation
Rankine OutputElectricity generated in the Huntly Rankine units
Rankine’sFuelledbyCoal(%)Theproportionofcoalusedin theRankineunits
Weighted Average Gas Burn Cost ($/GJ)Totalcost ofgas burntdivided bygeneration fromgas firedgeneration, excludingemissions
CoalUsedInInternalGeneration(PJ)Resultsmayberevisedtoreflect changesin coalkilotonnesto PJconversionrateandvolume methodology
Weighted Average CoalBurn Cost ($/GJ)Totalcostof coalburntdivided bygenerationfrom coalfired generation,excludingemissions
CoalStockpile– closing balance (Kt)Thecoalstockpile closingbalanc e intonnesatHuntly Power Station
Powerpurchaseagreements
W ind(GW h)Energypurchasedthroughlongtermagreementswithgenerator
AveragePriceReceivedforGeneration- GW AP
($/MW h)
Pricereceivedatproductionnode.(E.g.W aipipi atW VY1101node)
Corporate
Total RecordableInjuries12-monthrollingTotalRecordableInjuries including LostTimeInjuries, RestrictiveW orkInjuries andMedicalTreatmentInjuries
Headcount(FTE)Based on full time equivalent employees, includes permanent, fixed term and casual contracts.
Kupe
OilProductionProduction of crude oil
OilPricerealis ed(USD/bbl.)Theunderlyingbenchmarkcrude oilpricethat is usedto setthepricefor crudeoilsales
LPG ProductionProduction of LPG

Investor relations enquiries
Tim McSweeney
GM Investor Relations & Market Risk
+64 27 200 5548