β¨ Electricity Performance Measures
2208 NEW ZEALAND GAZETTE No. 92
TAURANGA ELECTRICITY LIMITED
PERFORMANCE MEASURES AND OTHER INFORMATION
The Regulations require electricity companies which operate a line business to publicly disclose and have available upon request a variety of Financial Reliability and Efficiency Performance Measures and Statistics.
In order to achieve consistency in these measure, and to allow comparisons between electricity company, the Regulations require a number of adjustments to be made to the Financial Statements, thus there can be variations in the Financial Statements supplied in Part B of this disclosure and those calculated in this Part C.
- Financial Performance Measures
The Financial Performance Measures, as per Regulation 13, and Part II, Clause 1 of the First Schedule to the Disclosure Regulations, are:
| 1997 | 1996 | 1995 | |
|---|---|---|---|
| Accounting return on assets | 12.40% | 12.37% | 11.8% |
| Accounting return on equity | 10.78% | 10.95% | 9.8% |
| Accounting rate of profit | 11.13% | 9.76% | 8.1% |
- Efficiency Performance Measures
The Efficiency Performance Measures as per Regulation 13 and Part II, Clause 2, of the First Schedule to the Disclosure Regulations are:
| 1997 | 1996 | 1995 | |
|---|---|---|---|
| Direct line costs per kilometre | $3,212.83 | $2,775.47 | $2,416.14 |
| Indirect line cost per electricity customer | $209.49 | * $209.68 | * $205.03 |
[* denotes a corrected comparative figure]
- Energy Delivery Efficiency Performance Measures - Part III, Clause 1
a] Load Factor
89,117,058 / (21,512 x 8,760) x 100 / 1 = 47.29 45.19 50.82
b] Loss Ratio
2,264,819 / 89,117,058 x 100 / 1 = 2.54 2.60 3.82
c] Capacity Utilisation
21,512 / 51,315 x 100 / 1 = 41.93 41.37 33.55
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VUW Te Waharoa —
NZ Gazette 1997, No 92
NZLII —
NZ Gazette 1997, No 92
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Performance Measures and Statistics for Tauranga Electricity Limited
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π Trade, Customs & IndustryElectricity, Performance Measures, Statistics, Tauranga, Financial Performance, Efficiency Performance, Energy Delivery