New Zealand Gazette – 1998 – No. 150

Page 3636

✨ Electricity Financial Performance

NEW ZEALAND GAZETTE

No. 150

Eastland Energy Limited

Disclosure of financial and efficiency performance measures as required by regulations 13, 14, 15 and 16 of the Electricity (Information Disclosure) Regulations 1994.

Year ended 31 March

	1998	1997	1996	1995

Regulation 13:

Financial performance measures
(a) Accounting return on total assets | 5.76% | 7.63% | 7.23% | 5.61% |
(b) Accounting return on equity | 4.53% | 8.15% | 6.60% | 4.32% |
(c) Accounting rate of profit | 90.99% | 7.03% | 4.79% | 6.30% |

Note: The ARP for 1998 is significantly affected by the ODV revaluation, which has the effect of increasing ARP in this year from 3.33% to the value disclosed.
Efficiency performance measures
(a) Direct line costs per kilometre | $1,326.94 | $1,293.38 | $1,429.21 | $1,108.04 |
(b) Indirect line costs per electricity customer | $112.29 | $117.51 | $127.82 | $128.14 |
(a) Load Factor | 59.24% | 57.74% | 57.83% | 55.46% |
(b) Loss Ratio | 7.29% | 7.13% | 7.98% | 7.98% |
(c) Capacity Utilisation | 26.91% | 27.82% | 26.44% | 28.41% |

Regulation 14a:

The Optimised Deprival Valuation (established as at 31 March 1998) is $55.56 million.

Regulation 15:

Statistics

(a) System lengths (kms)

50kV | 258 | 257 | 257 | 255 |
11kV | 2,081 | 2,080 | 2,080 | 2,080 |
400V | 488 | 486 | 485 | 487 |
Total | 2,827 | 2,823 | 2,822 | 2,822 |

(b) Circuit length (overhead) (kms)

50kV | 258 | 257 | 257 | 255 |
11kV | 1,984 | 1,983 | 1,984 | 1,985 |
400V | 397 | 398 | 398 | 400 |
Total | 2,639 | 2,638 | 2,639 | 2,640 |

50kV | 0 | 0 | 0 | 0 |
11kV | 97 | 97 | 96 | 95 |
400V | 91 | 88 | 87 | 87 |
Total | 188 | 185 | 183 | 182 |

(d) Transformer capacity (kVA) | 161,094 | 161,942 | 171,162 | 163,698 |

(e) Maximum demand (kW) | 43,354 | 45,055 | 45,252 | 46,514 |

(f) Total electricity supplied (kWh) | 224,965,100 | 227,904,671 | 229,569,152 | 225,973,244 |

(g) Total electricity conveyed on behalf of other persons (kWh) | 14,614,519 | 437,362 | 317,043 | Nil |

(h) Total customers | 19,797 | 19,804 | 19,875 | 19,932 |

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VUW Te Waharoa — NZ Gazette 1998, No 150

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✨ LLM interpretation of page content

🏭 Disclosure of financial and efficiency performance measures for Eastland Energy Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsElectricity, Financial Performance, Efficiency Measures, Regulations, Eastland Energy

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