β¨ Financial Performance Measures
NEW ZEALAND GAZETTE
13 SEPTEMBER
2829
Regulation 15
Disclosure by line owners of financial and efficiency performance measures
1. Financial performance measures
| 1999 | 1998 | 1997 | |
|---|---|---|---|
| (a) Accounting return on total assets | 10.64% | 12.22% | 10.13% |
The strict interpretation for accounting return on total assets from the regulations excludes non-current assets other than fixed assets.
If these other non current assets were included in the total assets, this performance measure would be:
| 1999 | 1998 | 1997 | |
|---|---|---|---|
| 10.62% | 12.00% | 9.94% |
| 1999 | 1998 | 1997 | |
|---|---|---|---|
| (b) Accounting return on equity | -0.95% | 6.62% | 6.45% |
| (c) Accounting rate of profit | 6.82% | 9.51% | 35.25% |
2. Efficiency performance measures
| 1999 | 1998 | 1997 | |
|---|---|---|---|
| $ | $ | $ | |
| (a) Direct line costs per km | 2,565 | 2,328 | 4,207 |
| (b) Indirect line costs per customer* | 160 | 202 | 163 |
- Due to one-off costs associated with restructuring, the actual indirect costs were higher. If the costs associated with restructuring were included, the indirect cost per km in 1999 would be $181.
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VUW Te Waharoa —
NZ Gazette 1999, No 118
NZLII —
NZ Gazette 1999, No 118
β¨ LLM interpretation of page content
π
Financial Position Statement for Orion New Zealand Limited
(continued from previous page)
π Trade, Customs & IndustryFinancial statements, Accounting policies, Reporting entity, Measurement base, Fixed assets, Depreciation, Taxation, Valuation of inventories, Changes in accounting policies, Internal sales
π Disclosure by line owners of financial and efficiency performance measures
π Trade, Customs & IndustryFinancial performance, Efficiency performance, Accounting return, Direct line costs, Indirect line costs