Financial Performance Measures




NEW ZEALAND GAZETTE

15 SEPTEMBER

Regulation 16

Derivation of financial and efficiency performance measures from financial statements

The earnings before interest and tax (EBIT) and the operating surplus after taxation have been adjusted to reflect differences between the company’s accounting policies and the requirements of Regulation 17 and 18. The reconciliations are as follows:

1999
EBIT from the Statement of Financial Performance (Regulation 6) $000’s
57,420
Capital expenditure which replicates existing fixed assets (782)
Replaced assets written off (670)
Maintenance expenditure which enhances fixed assets 2,085
EBIT as used in the calculation of performance measures 58,053
1999
Operating surplus after tax from the Statement of Financial Performance (Regulation 6) $000’s
32,466
Capital expenditure which replicates existing fixed assets (782)
Replaced assets written off (670)
Maintenance expenditure which enhances fixed assets 2,085
Operating surplus as used in the calculation of performance measures 33,099


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✨ LLM interpretation of page content

🏭 Financial and Efficiency Performance Measures for Orion (continued from previous page)

🏭 Trade, Customs & Industry
15 September 1999
Electricity, Financial Performance, Efficiency Measures, Orion, Regulation 16, Regulation 17, Regulation 18, EBIT, Operating Surplus