Key financials

CS Energy increased its profit by 60 per cent in 2008/09 compared to the previous year.

About us

Financial results

CS Energy generates its income by selling electricity into the National Electricity Market (NEM) and to off-grid customers. Our NEM-connected power stations are Swanbank, Callide and Kogan Creek, while Mica Creek Power Station provides off-grid power.

We sell electricity two ways in the NEM – in the spot market, where prices are calculated every five minutes and settled half hourly, and in the contract market, where we enter into financial contracts that lock in a fixed price for electricity.

Off-grid, CS Energy sells electricity to local retailers and major industry customers.

Key Financial Indicators

Indicator 2008/09 2007/08 2006/07 2005/06
Revenue ($M) 827.2 771.3 629.3 527.6
Profit after tax ($M) 93.8 59 43.3 56.5
Dividends provided for/paid ($M) 75.0 47.2  34.6 40.2
Total assets ($M) 2,534 2,896 3,262 2,121
Gearing (%) 44.7 47.1 51.8 39.3

Interim results 2009/10

  • Interim report July/December 2009.   Results for January/June 2010 will be included in CS Energy's 2009/10 Annual Report due to be tabled in Queensland Parliament in September 2010. 

Forecast Report 2010/11