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Mercury NZ Limited 2017 Financial and Non-Financial Performance Report

Prepare a report for Jenny Zhang, a Chinese importer who has been invited to join the Board of Directors of Michael Hill Jeweller, providing advice on the financial and non-financial performance of the company to assist her in decision-making.

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Added on  2023-06-04

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Analyzing the financial and non-financial performance for Mercury NZ Ltd. The importance of financial analysis before joining a company. The components that build up the financial status performance of a firm. The growth of mercury Nz ltd over the year 2017 as compared to 2016.

Mercury NZ Limited 2017 Financial and Non-Financial Performance Report

Prepare a report for Jenny Zhang, a Chinese importer who has been invited to join the Board of Directors of Michael Hill Jeweller, providing advice on the financial and non-financial performance of the company to assist her in decision-making.

   Added on 2023-06-04

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FINANCIAL AND NON FINANCIAL PERFORMANCE.
MERCURY NZ LIMITED 2017 FINANCIAL AND NON FINANCIAL
PERFORMANCE REPORT.
NAME OF STUDENT:
NAME OF INSTITUTION:
Mercury NZ Limited 2017 Financial and Non-Financial Performance Report_1
2
FINANCIAL AND NON FINANCIAL PERFORMANCE.
Abstract.
Analyzing the financial and non-financial performance for Mercury NZ Ltd. The
importance of financial analysis before joining a company. The components that build up the
financial status performance of a firm. The growth of mercury Nz ltd over the year 2017 as
compared to 2016. The different components that build up to form a non-financial status of a
listed company. The indicators of a going concern company in the energy sector. Performance of
energy generating and regulating companies in New Zealand. Through our financial and non-
financial analysis for the annual reports, the company is performing adequately and any investor
should not hesitate to invest into. Vicky Zhang should take the advantage of the already growing
company as it has already established its own market.
Mercury NZ Limited 2017 Financial and Non-Financial Performance Report_2
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FINANCIAL AND NON FINANCIAL PERFORMANCE.
Mercury NZ limited 2017 financial and non-financial performance report.
Introduction.
As a financial analyst and has worked in the field for the last one decade I will be helping
Vicky Zhang to understand the financial and non-financial performance of Mercury NZ Ltd.
Mercury NZ initially known as Mighty River Power Company is a limited company registered in
New Zealand. The company specializes in generating and retailing electricity within the country.
Its headquarters are based in Auckland City with a more than 19% share power generation
capacity in the country. The company which was rebranded to the fit the market in 1999 has so
far specialized in renewable energy as its core business. As at the end of 2017 the company
owned and operated nine different hydroelectric generating power stations situated alone river
Waikato. The company also owns and manages several geothermal plants
(https://mercuryannualreport.co.nz/)
According to the annual report 2017, accumulatively Mercury NZ limited has a net
income of around NZ $160m with an operating capital of about NZ $494million as at 2017. Over
the years the company has managed to improve its employability with recently 2017 employees’
data showing over 365 permanent employees. In 2017 the employees' performance reports
indicated that more than 89% of its employees are satisfied working for Mercury NZ as
compared to the 79% overall report for the whole country. The 2017 financial reports. For the
financial year 2016/2017, the renewable energy company reported total revenue of around $ 1.6
billion with an overall $ 184 million post-tax profits. Mercury NZ Ltd has been the second
largest power retailer in New Zealand has managed to have a 14% market share where it supply
and sales its fully renewable energy (https://mercuryannualreport.co.nz/)
If Vicky Zhang joins his company as a director, it will a huge turn around for his career.
Purpose of the report.
The purpose of this report is trying to analyze the performance of Mercury NZ Ltd for the
last financial period to determine and advice Vicky Zhang whether to accept the offer to join the
institutions as an independent director. In our analyzing we are going to check certain key
financial and non-financial components which are key to the success of the company as a whole
(Lewis, 2017). Lastly, we cover will have a clear recommendation based on our research and
Mercury NZ Limited 2017 Financial and Non-Financial Performance Report_3

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