New Zealand Gazette – 1997 – No. 103

Page 2411

✨ Electricity Financial Performance Disclosure



25 AUGUST NEW ZEALAND GAZETTE 2411

DISCLOSURE OF FINANCIAL AND EFFICIENCY PERFORMANCE MEASURES AS REQUIRED BY REGULATIONS 13, 14, 15 AND 16 OF THE ELECTRICITY (INFORMATION DISCLOSURE) REGULATIONS 1994.

Regulation 13

  1. Financial Performance Measures
    (Calculations INCLUDE the effects of the customer rebate for 1997 and 1996)

    1997 1996 1995
    (a) Accounting return on
    total assets: 0.2% 0.1% 2.0%
    (b) Accounting return on
    equity: (1.5%) (1.2%) 0.8%
    (c) Accounting rate of profit: (0.5%) (1.1%) 1.3%

    Prior Year Comparisons
    In order to provide a consistent comparison with the sector, the performance measures above are restated below after adding back the impact of the customer rebates.

    1997 1996 1995
    (a) Accounting return on
    total assets: 2.4% 2.3% 2.0%
    (b) Accounting return on
    equity: 0.8% 1.0% 0.8%
    (c) Accounting rate of profit: 1.8% 1.1% 1.3%

  2. Efficiency performance measures

    (a) Direct line costs per kilometre: $1,476/km $1,204/km $1,247/km

    (b) Indirect line costs per electricity customer: $43/customer $33/customer $32/customer

Regulation 14

  1. ODV Valuation $55.0M
    Date 1/4/94

Regulation 15

  1. Energy Delivery Efficiency Performance Measures

    1997 1996 1995
    (a) Load Factor 54.9% 53.0% 58.9%
    (b) Loss Ratio 7.1% 6.9% 6.8%
    (c) Capacity Utilisation 26.6% 26.3% 25.2%


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✨ LLM interpretation of page content

🏭 Electricity Information Disclosure for Ashburton Limited (continued from previous page)

🏭 Trade, Customs & Industry
13 July 1997
Electricity, Financial Performance, Revenue, Expenditure, Taxation, Accounting