New Zealand Gazette – 1999 – No. 121

Page 2891

✨ Electricity Financial Performance



15 SEPTEMBER

NEW ZEALAND GAZETTE

2891

Regulation 15

Disclosure by line owners of financial and efficiency performance measures

  • Financial performance measures as defined by the Electricity (Information Disclosure) Regulations 1999

1999

(a) Return on funds

11.87%

(b) Return on equity

8.03%

(c) Return on investment

7.57%

Refer to Orion’s Regulation 16 Disclosure for the derivation of these measures.

  • Financial and efficiency performance measures as defined by the Electricity (Information Disclosure) Regulations 1994
1998 1997 1996
1 (a) Accounting return on total assets 9.0% 7.0% 6.0%
(b) Accounting return on equity 5.9% 4.6% 3.0%
(c) Accounting rate of profit 5.2% 30.6% 3.0%

Note: The measures for 1997 incorporate the impact of a revaluation as at 31 March 1997.

If this revaluation had not been performed, the returns for 1997 would have been as follows:

Accounting return on total assets

8.0%

Accounting return on equity

5.3%

Accounting rate of profit

4.9%

  • Financial performance measures as defined by the Electricity (Information Disclosure) Regulations 1999
1999 $ 1998 $ 1997 $ 1996 $
2 (a) Direct line costs per kilometre 1,007 1,158 1,082 1,028
(b) Indirect line costs per electricity customer 37 138 127 138


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✨ LLM interpretation of page content

🏭 Financial and Efficiency Performance Measures for Orion

🏭 Trade, Customs & Industry
15 September 1999
Electricity, Financial Performance, Efficiency Measures, Orion, Regulation 15, Regulation 16