New Zealand Gazette – 1996 – No. 98

Page 2562

✨ Financial and Efficiency Performance Measures

2562 NEW ZEALAND GAZETTE No. 98

Regulation 13 and 14: Disclosure of Financial and Efficiency Performance Measures for the Line Business as at 31 March 1996

FINANCIAL PERFORMANCE MEASURES

	1996 %	1995 %
Accounting return on total assets	5.6	5.4
Accounting return on equity	6.1	4.0
Accounting rate of profit	(11.1)	4.4

The accounting rate of profit for the current year has been distorted by a revaluation downwards of the ODV. Without the revaluation, the accounting rate of profit would have been 6.2%. This has been based on actual total funds as at 31 March 1996 rather than average total funds.

Optimised Deprival Value

Valuation of Line Business assets as at 31 March 1996 based on optimised deprival value

$37,923,000

EFFICIENCY PERFORMANCE MEASURES

	1996 $	1995 $
Direct costs per kilometre	4,554	4,871
Indirect line costs per customer	122	113

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VUW Te Waharoa — NZ Gazette 1996, No 98

NZLII — NZ Gazette 1996, No 98

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✨ LLM interpretation of page content

🏭 Disclosure of Financial and Efficiency Performance Measures for the Line Business (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Performance, Efficiency Measures, Line Business, Accounting Return, Optimised Deprival Value

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