TEG 6.67% 0.8¢ triangle energy (global) limited

Ann: Half Year Accounts, page-85

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  1. 2,629 Posts.
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    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
 
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