✨ 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 |
Next Page →
PDF embedding disabled (Crown copyright)
View this page online at:
VUW Te Waharoa —
NZ Gazette 1999, No 121
NZLII —
NZ Gazette 1999, No 121
✨ LLM interpretation of page content
🏭
Financial and Efficiency Performance Measures for Orion
(continued from previous page)
🏭 Trade, Customs & Industry15 September 1999
Electricity, Financial Performance, Efficiency Measures, Orion, Regulation 16, Regulation 17, Regulation 18, EBIT, Operating Surplus