✨ Financial Performance Measures




NEW ZEALAND GAZETTE

No. 93

KING COUNTRY ENERGY LIMITED

FINANCIAL PERFORMANCE MEASURES

31 MARCH 1995

  1. (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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✨ LLM interpretation of page content

πŸ’° King Country Energy Limited Annual Financial Statements (continued from previous page)

πŸ’° Finance & Revenue
14 August 1995
Financial Statements, Performance Measures, Electricity Regulations, King Country Energy Limited