New Zealand Gazette – 1996 – No. 138

Page 3317

✨ Electricity Company Performance Measures

2 OCTOBER NEW ZEALAND GAZETTE 3317

TAURANGA ELECTRICITY LIMITED

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.

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:

	1996	1995
Accounting return on assets	12.37%	11.8%
Accounting return on equity	10.95%	9.8%
Accounting rate of profit	9.76%	8.1%

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:

	1996	1995
Direct line costs per kilometre	$2,775.47	$2,416.14
Indirect line cost per electricity customer	$258.17	$162.59

Energy Delivery Efficiency Performance Measures - Part III, Clause 1
a) Load Factor

83,046,405 / (20,980 x 8,760) x 100 / 1 = 45.19 (1996) 50.82 (1995)

b) Loss Ratio

2,158,987 / 83,046,405 x 100 / 1 = 2.60 (1996) 3.82 (1995)

c) Capacity Utilisation

20,980 / 50,715 x 100 / 1 = 41.37 (1996) 33.55 (1995)

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🏭 Tauranga Electricity Limited Performance Measures and Statistics (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsPerformance Measures, Statistics, Tauranga Electricity Limited, Electricity Information Disclosure Regulations 1994, Financial Performance, Efficiency Performance, Energy Delivery Efficiency

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