New Zealand Gazette – 1995 – No. 93

Page 2863

✨ Financial Performance Measures



4 SEPTEMBER
NEW ZEALAND GAZETTE
2863

TAURANGA ELECTRICITY LIMITED
Page 17

PERFORMANCE MEASURES AND OTHER INFORMATION
The Regulations require electricity companies which operate a line business to
publicly disclose and have available upon request a variety of Financial Reliability
and Efficiency Performance Measures and Statistics.

In order to achieve consistency in these measure, and to allow comparisons
between electricity company, the Regulations require a number of adjustments
to be made to the Financial Statements, thus there can be variations in the
Financial Statements supplied in Part B of this disclosure and those calculated
in this Part C.

  1. Financial Performance Measures

The Financial Performance Measures, as per Regulation 13, and Part II,
Clause 1 of the First Schedule to the Disclosure Regulations, are:

Accounting return on assets ... 11.8%
Accounting return on equity ... 9.8%
Accounting rate of profit ... 8.1%

  1. Efficiency Performance Measures

The Efficiency Performance Measures as per Regulation 13 and Part II,
Clause 2, of the First Schedule to the Disclosure Regulations are:

Direct line costs per kilometre ... $2,416.14
Indirect line cost per electricity customer ... $162.59

  1. Energy Delivery Efficiency Performance Measures - Part III, Clause 1

a] Load Factor

74,073,305 / (16,640 x 8,760) x 100 / 1 = 50.82

b] Loss Ratio

2,829,540 / 74,073,305 x 100 / 1 = 3.82

c] Capacity Utilisation

16,640 / 49,600 x 100 / 1 = 33.55



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✨ LLM interpretation of page content

🏭 Tauranga Electricity Limited 1995 Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
31 March 1995
Financial Statements, Performance Measures, Statistics, Tauranga Electricity Limited