New Zealand Gazette – 1995 – No. 86

Page 2510

✨ Electricity Financial Disclosure



2510
NEW ZEALAND GAZETTE
No. 86

Regulation 13 - Disclosure by line owners of financial and efficiency performance measures

  1. (a) Accounting return on total assets, being earnings before interest and tax, divided by average total funds employed: 8.6%

    (b) Accounting return on equity, being net profit after tax, divided by average total ordinary shareholder funds: 5.7%

    (c) Accounting rate of profit: 6.8%

    Note: As the line business's opening balance sheet has not previously been determined, the returns calculated in (a), (b) and (c) above are based on the line business's closing balance sheet positions only, adjusted for the ODV valuation.

  2. (a) Direct line costs per kilometre: $985.55

    (b) Indirect line costs per electricity customer: $140.65

    Where applicable, the above information has been calculated in accordance with Regulation 14.

    Note that no information from previous years is included, as required by Regulation 13 (3), since Southpower was not required to publish such information previously in the Gazette.



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✨ LLM interpretation of page content

🏭 Electricity Information Disclosure Regulations 1994 (continued from previous page)

🏭 Trade, Customs & Industry
Electricity, Financial Statements, Revenue, Expenses, Profit and Loss, Fixed Assets, Income Tax, Accounting Policies, Shareholders' Equity, Line Owners, Performance Measures