✨ Electricity Information Disclosure
NEW ZEALAND GAZETTE
No. 110
Regulation 13 - Disclosure by line owners of financial and efficiency performance measures
| 1997 | 1996 | 1995 | |
|---|---|---|---|
| 1 (a) Accounting return on total assets, being earnings before interest and tax, divided by average total funds employed: | 7.0% | 6.0% | 4.6% |
| (b) Accounting return on equity, being net profit after tax, divided by average total ordinary shareholder funds | 4.6% | 3.0% | 0.8% |
| (c) Accounting rate of profit | 30.6% | 3.0% | 1.7% |
Note: (1) The measures for 1997 incorporate the impact of a revaluation as at 31 March 1997.
If this revaluation had not been performed, the returns for 1997 would have been as follows:
- Accounting return on total assets ... 8.0%
- Accounting return on equity ... 5.3%
- Accounting rate of profit ... 4.9%
(2) The 1996 measures have been recalculated in order to include the margin made on transmission charges.
| 1997 | 1996 | 1995 | |
|---|---|---|---|
| 2 (a) Direct line costs per kilometre: | $1,081.99 | $1,027.59 | $1,092.94 |
| (b) Indirect line costs per electricity customer: | $127.01 | $137.62 | $130.91 |
Where applicable, the above information has been calculated in accordance with Regulation 14.
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VUW Te Waharoa —
NZ Gazette 1997, No 110
NZLII —
NZ Gazette 1997, No 110
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Southpower Limited Information Disclosure under Electricity Regulations
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