New Zealand Gazette – 1997 – No. 127

Page 2998

✨ Financial and Efficiency Performance Measures

2998 NEW ZEALAND GAZETTE No. 127

DUNEDIN ELECTRICITY LTD

FINANCIAL AND EFFICIENCY PERFORMANCE MEASURES

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

	1997	1996	1995

FINANCIAL MEASURES

(A) Accounting Return on Total Assets:
Being earnings before interest and tax, divided by average total funds employed.

                                     | 14.0%     | 13.6%     | 8.6%  |

(B) Accounting Return on Equity:
Being net profit after tax, divided by average total shareholder’s funds.

                                     | 8.2%  | 7.6%  | 5.8%  |

(C) Accounting Rate of Profit:
Accounting rate of profit calculated in accordance with the following formula:

a - b - c + d

where a is earnings before interest
b is cash tax
c is interest tax shield
d is revaluations
e is average total funds minus half the amount of revaluations

                                     | 15.2%     | 7.4%  | 8.6%  |

NB
In calculating these financial measures the following adjustments to the figures contained in the attached accounts have been made to comply with the requirements of the regulations that ODV be used as the base for fixed asset valuation:

Fixed Assets (306)
Depreciation + 306
Shareholder’s Funds (46)
Net Profit Before Tax (306)
Net Profit After Tax (306)
Dividend (260)

EFFICIENCY PERFORMANCE MEASURES

(A) Direct Line Costs per Kilometre:
Being direct expenditure divided by system length (in kilometres)

                                     | $2,966    | $3,035    | $3,956    |

NB: In calculating this efficiency measure, $9.34 million ($8.94 million in 1996, $8.18 million in 1995) of Trans Power NZ Ltd’s charges have been excluded.

(B) Indirect Line Costs per Electricity Customer:
Being indirect expenditure divided by total customers

                                     | $19.31    | $20.89    | $51.00    |

PDF embedding disabled (Crown copyright)

View this page online at:

VUW Te Waharoa — NZ Gazette 1997, No 127

NZLII — NZ Gazette 1997, No 127

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

💰 Certification of Financial Statements for Dunedin Electricity Ltd (continued from previous page)

Domain💰 Finance & Revenue
KeywordsFinancial Statements, Certification, Performance Measures, Dunedin Electricity Ltd

As the Gazette has been published for more than 185 years, copyright status depends on the publication date of each issue:

1840–1925 (Public Domain): Issues of the New Zealand Gazette and Provincial Gazettes from this period are in the public domain, as the term of Crown copyright (100 years) has expired. Mechanical reproductions (e.g., scanned PDFs) of these public domain documents do not attract new copyright.
1926–1999 (Crown Copyright): Issues from this period remain subject to Crown copyright. Usage of these issues in this project is "Fair Dealing" for research purposes and consistent with the spirit of the open-access principles championed by NZGOAL, ie, "The default licensing position under ... NZGOAL is the Creative Commons Attribution 4.0 International licence ... [t]o the greatest extent possible, agencies should apply this licence to copyright material on their websites"
2000–Present (CC-BY 3.0 NZ): Gazette issues published on gazette.govt.nz are Crown copyright but are explicitly licensed by the Department of Internal Affairs under the Creative Commons Attribution 3.0 New Zealand licence (CC-BY 3.0 NZ). This project redistributes this content in accordance with those terms.

Nothing in this project is intended to infringe copyright, trademark law or personal privacy. Please contact me immediately if you have any concerns.

Third-Party Content

Where third-party content (e.g., notices submitted by external organisations) is identified within the Gazette, users should satisfy themselves regarding the copyright status of that specific content, as it may be subject to different ownership terms than the Gazette itself.

Sources and Attribution

NZ Gazette Sources

The primary sources for the issues of the NZ Gazette indexed by this project are:

New Zealand Gazette Archive, provided by Victoria University Library, copyright 2008 LexisNexis NZ Limited, Crown Copyright of New Zealand Gazette Office
- Issues from 1841-2008, including the New Munster, New Ulster, and Provincial Gazettes
New Zealand Gazettes by New Zealand Legal Information Institute (note: "NZLII is not the copyright owner in the source documents published on NZLII")
- Issues from 1913-1999
Gazette.govt.nz, Crown copyright / licensed by the Department of Internal Affairs under CC-BY 3.0 NZ
- Issues from 2000-2017

Additional Sources

Wellington City Recollect have made available a comprehensive and excellent-quality scan of the Wellington Provincial Gazette which was used to fill in a number of issues missing from Victoria University's Gazette Archive; in particular, all 1856 issues, issues 22-34 for 1864 and issues 9-19 for 1870.
27 issues of The New Zealand Advertiser and Bay of Islands Gazette (1840) were sourced from Papers Past (public domain).
Gazette Extraordinary No. 1 (1840), held at the Alexander Turnbull Library, Wellington, New Zealand. Imaged by Luke Howison at the National Library reading rooms; PDF released into the public domain.

PDF Icon

The PDF PDF Icon was made by Good Ware, CC BY-SA 4.0.

Masthead

The logo in the header is an edited version of “Winning Coat of Arms Competition Entry, 1908” by Archives New Zealand, CC BY 2.0 (found via Wikipedia).

Who made this?

I'm Luke Howison, a freelance web developer with an interest in genealogy. I have created several websites for genealogical research, such as NZ Ancestor Search Helper.