✨ Financial Derivation Table
ELECTRICITY (INFORMATION DISCLOSURE)
REGULATIONS 1999
Regulation 16 - Derivation Table
| Derivation Table | Symbol in formula | Input Column | Calculations | ROF | ROE | ROI |
|---|---|---|---|---|---|---|
| Earnings before Interest and tax (EBIT) | a | 7,854,106 | 7,854,106 | N/A | 7,854,106 | |
| Net profit after tax (NPAT) | n | 4,018,728 | 4,018,728 | N/A | N/A | |
| Amortised Goodwill | 0 | add | 0 | 0 | 0 | |
| Subvention Payment | s | 2,015,000 | add | 2,015,000 | 2,015,000 | add 2,015,000 |
| Depreciation of SFA at BV | d | 4,000,000 | deduct | 4,000,000 | 4,000,000 | deduct 4,000,000 |
| ODV Depreciation tax adjustment | -664,950 | deduct | -664,950 | -664,950 | deduct -664,950 | |
| Subvention Payment tax adjustment | b | 0 | deduct | 0 | 0 | 0 |
| Interest Tax Shield | 77,880 | N/A | N/A | deduct 77,880 | ||
| Revaluations | q | 41,735,000 | N/A | N/A | add 41,735,000 | |
| Income tax | r | 2,943,378 | N/A | 2,699,878 | deduct 2,943,378 | |
| Amortisation (as adjusted) | p | 121,254,000 | No entry | 121,254,000 | = n + g + s - e1 + d - b | = a + g - q + r + s + d - e1 - b |
| Fixed Assets at year beginning (FA₀) | 111,525,000 | 111,525,000 | N/A | 121,254,000 | ||
| Fixed Assets at year end (FA₁) | -1,903,000 | add | -1,903,000 | N/A | add -1,903,000 | |
| Net Working Capital at year beginning (NWC₀) | 6,121,180 | add | 6,121,180 | N/A | add 6,121,180 | |
| Net Working Capital at year end (NWC₁) | c | No entry | ||||
| Average total funds employed (ATFE) | = (FA₀ + FA₁ + NWC₀ + NWC₁)/2 | divide by 2 116,498,690 | ||||
| Total Equity at year beginning (TE₀) | 113,619,000 | 113,619,000 | N/A | N/A | ||
| Total Equity at year end (TE₁) | k | 103,168,728 | 103,168,728 | |||
| Average total equity | 0 | 0 | = (TE₀ + TE₁)/2 | |||
| WUC at year beginning (WUC₀) | 1,138,000 | 1,138,000 | N/A | N/A | ||
| WUC at year end (WUC₁) | e | No entry | ||||
| Average total Works under Construction | = (WUC₀ + WUC₁)/2 | |||||
| 569,000 | add | 569,000 | add 1,138,000 | |||
| divide by 2 569,000 |
Next Page →
PDF embedding disabled (Crown copyright)
View this page online at:
VUW Te Waharoa —
NZ Gazette 1999, No 106
NZLII —
NZ Gazette 1999, No 106
✨ LLM interpretation of page content
🏭
Hawke's Bay Network Ltd Financial Statements Notes
(continued from previous page)
🏭 Trade, Customs & Industry5 August 1999
Audit, Financial Performance, Efficiency Measures, Electricity Regulations