β¨ Financial Performance Measures
NEW ZEALAND GAZETTE
No. 93
KING COUNTRY ENERGY LIMITED
FINANCIAL PERFORMANCE MEASURES
31 MARCH 1995
- (a) Accounting Return on Total Assets
Earnings before Interest and Tax, dividend by Average Total Funds Employed.
Earnings before Interest and Tax $'000
523
Total Funds Employed 1994 28,565
Total Funds Employed 1995 28,193
Average Total Funds Employed $28,379
Accounting Return on Total Assets 1.84%
(b) Accounting Return on Equity
Net Profit after Tax, divided by Average Total Shareholders Funds.
Net Profit after Tax $'000
520
Shareholders' Funds 1994 28,565
Shareholders' Funds 1995 28,193
Average Shareholders Funds $28,379
Accounting Return on Equity 1.83%
(c) Accounting Rate of Profit
Earnings Before Interest and Tax
Less Cash Tax $'000
5
Less Interest Tax Shield -
Plus Revaluations (557)
(39)
Β± Average Total Funds Employed, minus half the amount of revaluations 28,379+278
Accounting Rate of Profit (0.14%)
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VUW Te Waharoa —
NZ Gazette 1995, No 93
NZLII —
NZ Gazette 1995, No 93
β¨ LLM interpretation of page content
π°
King Country Energy Limited Annual Financial Statements
(continued from previous page)
π° Finance & Revenue14 August 1995
Financial Statements, Performance Measures, Electricity Regulations, King Country Energy Limited