✨ Efficiency Performance Measures
27 NOVEMBER NEW ZEALAND GAZETTE 4559
Efficiency Performance Measures
a) Direct line costs per kilometre, which shall be calculated in accordance with the following formula:
$$
\frac{a}{b}
$$
a is direct expenditure (in dollars); and
b is system length (in kilometres)
| 119,878,000 | 140,915,000 | |
|---|---|---|
| 12,591 | 12,802 | |
| Direct line costs per kilometre | $9,521 | $11,007 |
The definition of direct expenditure has been amended for 1995 to exclude the service potential adjustment determined with respect to infrastructure accounting of transmission lines. Lease and rental costs of an indirect nature were incorrectly included as direct line costs in 1994. Had these adjustments been correctly treated in 1994 then the Direct Line Costs per Kilometre would have been $9,812.
b) Indirect line costs per electricity customer, which shall be calculated in accordance with the following formula:
$$
\frac{a}{b}
$$
a is indirect expenditure (in dollars); and
b is total customers.
| 48,745,000 | 47,106,000 | |
|---|---|---|
| 49 | 49 | |
| Indirect line costs per electricity customer | $994,796 | $961,347 |
As noted above, lease and rental costs relating to indirect expenditure were incorrectly classified as Direct Line Costs in 1994. Had this item been correctly classified as Indirect Line Costs then the comparative figure would have been $1,030,327.
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VUW Te Waharoa —
NZ Gazette 1995, No 139
NZLII —
NZ Gazette 1995, No 139
✨ LLM interpretation of page content
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Notes to the Financial Statements for Trans Power New Zealand Limited
(continued from previous page)
🏗️ Infrastructure & Public WorksFinancial Performance, Efficiency Measures, Direct Line Costs, Indirect Line Costs, Accounting Adjustments