β¨ Financial Performance Measures
NEW ZEALAND GAZETTE
No. 84
STATEMENT OF PERFORMANCE MEASUREMENT
Information Disclosures
Asset Valuation
For the purposes of these Financial Performance Measures & Efficiency Performance Measures, Otago Power Limited has used the Optimised Deprival Valve Method of valuing assets. This method is a requirement of the Electricity (Information Disclosure) Regulations 1994. This has had the effect of increasing the value of Fixed Assets and Shareholder Funds in the 1994 and 1995 years by $22,460,734.
Financial Performance Measures
Accounting Return on Total Assets
Earnings before Interest and Tax
Average Total Funds Employed
= 8.439%
Accounting Return on Equity
Net Profit after Tax
Average Total Shareholders Funds
= 6.6375%
Accounting Rate of Profit
= 6.627%
Efficiency Performance Measures
Direct Line Costs Per Kilometre
Direct Expenditure
System Length
= $357.32/km
Indirect Line Costs Per Electricity Customer
Indirect Expenditure
Total Customers
= $313.52
Energy Delivery Efficiency Performance Measures
Load Factor
= 62.129%
Loss Ratio
= 6.563%
Capacity Utilisation
= 31.804%
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VUW Te Waharoa —
NZ Gazette 1995, No 84
NZLII —
NZ Gazette 1995, No 84
β¨ LLM interpretation of page content
π
Financial Position of Otago Power Limited
(continued from previous page)
π Trade, Customs & IndustryFinancial Statements, Shareholders Funds, Fixed Assets, Investments, Current Assets, Liabilities, Net Assets