Financial Performance Measures




2814 NEW ZEALAND GAZETTE No. 110

DISCLOSURE OF FINANCIAL PERFORMANCE MEASURES AND EFFICIENCY PERFORMANCE MEASURES PURSUANT TO REGULATION 13 AND PART II OF THE FIRST SCHEDULE OF THE ELECTRICITY (INFORMATION DISCLOSURE) REGULATIONS 1994.

1. Financial Performance Measures

1995 1996
(a) Accounting return on total assets, being earnings before interest and tax, divided by average total funds employed 6.9% 7.6%
(b) Accounting return on equity, being net profit after tax, divided by average total shareholders’ funds. 5.1% 5.5%
(c) Accounting rate of profit 5.5% 6.2%

2. Efficiency Performance Measures

1995 1996
(a) Direct line cost per kilometre $923 $967
(b) Indirect line cost per electricity customer $55 $79

Regulation 14A

ODV for line business assets
(as at 31 March 1994) ... $105,400,000



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🏭 Financial Statements Disclosure by Northpower Limited (continued from previous page)

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