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New Zealand Gazette – 1996 – No. 145

Page 3505

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✨ Electricity Disclosure

11 OCTOBER NEW ZEALAND GAZETTE 3505

CAPITAL POWER LIMITED

Disclosure of Financial 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

| | LINE BUSINESS |
| |---------------------|
| | 31-Mar-96 | 31-Mar-95 |

Accounting Return on Total Assets:

Earnings Before Interest & Tax

Average Total Funds Employed ... 9.8% 6.9%

Accounting Return on Equity:

Net Profit after Tax

Average Total Shareholders’ Funds ... 6.0% 4.3%

Accounting Rate of Profit:

EBIT - Cash Tax - Interest Tax Shield + Revaluations

Average Total Funds Employed - Revaluations/2 ... 5.6% 4.1%

These financial performance measures were based on the adjusted line business financial statements, which incorporate the adjustments necessary to reflect the fixed assets at ODV. The ODV valuation was audited by Coopers & Lybrand.

2. EFFICIENCY PERFORMANCE MEASURES


Direct Line Cost per Kilometre:

Direct Expenditure

System Length (km) ... $2,881.39 $2,856.80

Indirect Line Costs per Electricity Customer:

Indirect Expenditure

Total Customers ... $145.89 $177.00

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VUW Te Waharoa — NZ Gazette 1996, No 145

NZLII — NZ Gazette 1996, No 145

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

🏭 Disclosure of Financial and Efficiency Performance Measures (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Performance, Efficiency Performance, Electricity Disclosure, Capital Power Limited

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