Contact Energy Ltd 2015 AR2
The report highlights Contact Energy's performance for the fiscal year ended June 30, 2015, marking a transitional period with the integration of the Te Mihi geothermal power station and a new customer billing system. The company increased its renewable energy generation to 76% and announced the closure of the Otahuhu thermal power station. Financially, Contact reported a profit of $133 million, down 43% due to retail margin pressures, but achieved a 21% increase in free cash flow to $363 million. Additionally, the company significantly improved its safety performance, reducing its Total Recordable Injury Frequency Rate by 55% to 1.9.
Company: Contact Energy Ltd
Sector: Energy utilities
Country: New Zealand
Year: 2015
Type: AR2
Pages: 43
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Contact Energy Ltd
Annual Report
The report highlights Contact Energy's performance for the fiscal year ended June 30, 2015, marking a transitional period with the integration of the Te Mihi geothermal power station and a new customer billing system. The company increased its renewable energy generation to 76% and announced the closure of the Otahuhu thermal power station. Financially, Contact reported a profit of $133 million, down 43% due to retail margin pressures, but achieved a 21% increase in free cash flow to $363 million. Additionally, the company significantly improved its safety performance, reducing its Total Recordable Injury Frequency Rate by 55% to 1.9.
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Document Details
Report Year
2015
Reporting Period
Jul 1, 2014 - Jun 30, 2015
Fiscal Year
2015
Published
Sep 3, 2015
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Renewable Energy
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees