But as an investment they don't receive share of operating proceeds / expenses ?
Yes, That is correct. the revenue and costs all are retained in the 50:50 vehicle and are not reported in the quarterly and half-yearly numbers for TEG.
Like costs of running GAS has no financial impact on TEG , just a shareholding. If so am I correct in saying they only get 57.5% of CH revenue / costs ?
Again, that is correct. Any profit or loss for these two businesses is only recorded in the TEG accounts through the changes in the value of these investments.
I hope that helps.
AL
TEG Price at posting:
9.5¢ Sentiment: Sell Disclosure: Not Held
