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SP AusNet’s (ASX:SPN) full year profit is down 34.8 per cent to $178.3 million this year.

 

The energy infrastructure business reported revenues were up 9.8 per cent to almost $1.8 billion.

 

The company says a potential liability to the Australia Tax Office of $86.7 million and a payment to Singapore Power of $40.4 million were major liabilities. 

 

The Directors declared that a distribution of $0.0418 will be paid per security.

 

There has been a slight jump in the SpAusnet share price, up 0.36 per cent to $1.38