β¨ Financial Performance Measures
2270 NEW ZEALAND GAZETTE No. 97
Statement of Performance Measures
For the year ended 31 March 1997
| 1997 | 1996 | 1995 |
|---|
Financial measures
Accounting return on Total Assets (pre-tax)
15.8% | 14.2% | 10.3%
Accounting return on Equity (post-tax)
8.9% | 9.6% | 6.0%
Accounting Rate of Profit (post-tax)
8.8% | 9.9% | 6.0%
Efficiency Measures
Direct Line cost per Kilometre
$1,795 | $1,608 | $1,802
Indirect line costs per Electricity Customer
$54.57 | $61.85 | $68.71
The following amounts have been adjusted in deriving the above performance measures:
| Financial Statements ($000s) | Performance Measures ($000s) | |
|---|---|---|
| 1997 | 1996 |
Depreciation has been adjusted to reflect the ODV valuation of the distribution system.
5,309 | 4,725 | 3,631 | 5,309 | 5,240 | 5,312
Tax has been adjusted to reflect cash paid.
6,805 | 6,105 | 4,559 | 7,836 | 5,052 | 4,542
Fixed assets have been adjusted to reflect the ODV valuation for the distribution system.
110,880 | 110,622 | 75,213 | 110,880 | 110,622 | 108,770
The latest available ODV Valuation was prepared by Worley International Limited as at 1 July 1995 and amounted to $105,770,000.
Next Page →
PDF embedding disabled (Crown copyright)
View this page online at:
VUW Te Waharoa —
NZ Gazette 1997, No 97
NZLII —
NZ Gazette 1997, No 97
β¨ LLM interpretation of page content
π
Statement of Performance Measures for WEL Energy Group Limited
(continued from previous page)
π Trade, Customs & IndustryFinancial Performance, Accounting Returns, Efficiency Measures, Electricity, WEL Energy Group