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New Zealand Gazette – 1996 – No. 178

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✨ Financial and Efficiency Performance Measures

NEW ZEALAND GAZETTE

9 DECEMBER

THE POWER COMPANY LIMITED

FINANCIAL AND EFFICIENCY PERFORMANCE MEASURES

(LINE BUSINESS)

PURSUANT TO REGULATION 13 AND PART II OF THE FIRST SCHEDULE OF THE ELECTRICITY (INFORMATION DISCLOSURE) REGULATIONS 1994

7.0 FINANCIAL MEASURES

	1996	1995
Accounting Return on Total Assets	6.0%	5.6%
Accounting Return on Equity	3.67%	4.4%
Accounting Rate of Profit	1.98%	3.0%

The comparative financial measures include both Line and Energy activities as last year the Energy Business was not required to be separated from the Line Business per Regulation 6(6).

The financial measures for this year have been calculated using the closing total funds employed and total shareholder funds.

The ODV valuation used in preparing these ratios is $89,530,526.

8.0 EFFICIENCY PERFORMANCE MEASURES

	1996	1995
Direct Line Costs per Kilometre	$711	$579 per km
Indirect Line Costs per Electricity Customer	$139	$223 per customer

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VUW Te Waharoa — NZ Gazette 1996, No 178

NZLII — NZ Gazette 1996, No 178

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

💰 Financial and Efficiency Performance Measures for The Power Company Limited (continued from previous page)

Domain💰 Finance & Revenue
KeywordsFinancial Measures, Efficiency Performance, Accounting Return, Direct Line Costs, Indirect Line Costs, Electricity, Energy Business, Regulation 6(6), ODV Valuation

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