✨ 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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✨ LLM interpretation of page content

🏭 Financial Position of Otago Power Limited (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Shareholders Funds, Fixed Assets, Investments, Current Assets, Liabilities, Net Assets