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New Zealand Gazette – 1998 – No. 134

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✨ Power Company Financial and Efficiency Measures

NEW ZEALAND GAZETTE

No. 134

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

	1998	1997	1996	1995
Accounting Return on Total Assets	6.50%	6.36%	4.66%	5.6%
Accounting Return on Equity	5.07%	4.53%	3.74%	4.4%
Accounting Rate of Profit	-0.50%	5.58%	3.25%	3.0%

All financial performance measures have been calculated using the Renewal Accounting Methodology.

The financial measures for 1996 have been calculated using the closing total funds employed and total shareholder funds, whilst from 1997 an average has been used.

The ODV valuation used in preparing the ratios for 1998 is $93,903,328.

The ODV valuation used in preparing the ratios for 1995-97 is $89,530,526.

8.0 EFFICIENCY PERFORMANCE MEASURES

	1998	1997	1996	1995
Direct Line Costs per Kilometre	$675	$607	$597	$579
Indirect Line Costs per Electricity Customer	$82	$107	$119	$223

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VUW Te Waharoa — NZ Gazette 1998, No 134

NZLII — NZ Gazette 1998, No 134

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🏭 Financial and Efficiency Performance Measures for The Power Company Limited

Domain🏭 Trade, Customs & Industry
KeywordsElectricity, Financial Performance, Efficiency Measures, Line Business

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