✨ Electricity Financial and Efficiency Performance
2046 No. 84
NEW ZEALAND GAZETTE
THE POWER COMPANY LIMITED
FINANCIAL AND EFFICIENCY PERFORMANCE MEASURES
(LINE BUSINESS)
PURSUANT TO REGULATION 13 AND PART II OF THE FIRST SCHEDULE OF THE ELECTRICITY (INFORMATION DISCLOSURE) REGULATIONS 1994
7.0 FINANCIAL MEASURES
| 1997 | 1996 | 1995 | |
|---|---|---|---|
| Accounting Return on Total Assets | 6.36% | 4.66% | 5.6% |
| Accounting Return on Equity | 4.53% | 3.74% | 4.4% |
| Accounting Rate of Profit | 5.58% | 3.25% | 3.0% |
The 1995 comparative financial measures include both Line and Other activities as in 1995 the Other Business was not required to be separated from the Line Business per Regulation 6(6).
All financial performance measures have been calculated using the Renewal Accounting Methodology.
The financial measures for last year have been calculated using the closing total funds employed and total shareholder funds, whilst this year an average has been used.
The ODV valuation used in preparing these ratios is $89,530,526.
8.0 EFFICIENCY PERFORMANCE MEASURES
| 1997 | 1996 | 1995 | |
|---|---|---|---|
| Direct Line Costs per Kilometre | $607 | $597 | $579 per km |
| Indirect Line Costs per Electricity Customer | $107 | $119 | $223 per customer |
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NZ Gazette 1997, No 84
✨ LLM interpretation of page content
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Electricity Information Disclosure by The Power Company Limited
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🏭 Trade, Customs & IndustryElectricity, Financial Performance, Efficiency Measures, Accounting Return, Line Costs, Renewal Accounting Methodology