New Zealand Gazette – 1997 – No. 121

Page 2879

✨ Financial Performance Measures

9 SEPTEMBER NEW ZEALAND GAZETTE 2879

DISCLOSURE OF FINANCIAL PERFORMANCE MEASURES 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	1995 1996 1997
(a) Accounting return on total assets, being earnings before interest and tax, divided by average total funds employed	6.9% 7.6% 7.0%
(b) Accounting return on equity, being net profit after tax, divided by average total shareholders’ funds	5.1% 5.5% 5.3%
(c) Accounting rate of profit	5.5% 6.2% 6.5%

2. Efficiency Performance Measures	1995 1996 1997
(a) Direct line cost per kilometre	$923 $967 $1,063
(b) Indirect line cost per electricity customer	$55 $79 $79

Regulation 14A

| ODV for line business assets
(as at 31 March 1994) | $105,400,000 |

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VUW Te Waharoa — NZ Gazette 1997, No 121

NZLII — NZ Gazette 1997, No 121

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✨ LLM interpretation of page content

🏭 Certification of Financial Performance Measures for Northpower Ltd. (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated13 August 1997
KeywordsAudit, Financial Performance Measures, Electricity Regulations, Certification, Northpower Ltd.

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