Financial Derivation Table




NEW ZEALAND GAZETTE

17 SEPTEMBER

Derivation Table

Sym bol in form Calculations
Earnings before interest and tax (EBIT)
Net profit after tax (NPAT)
Amortised Goodwill
Subvention Payment
a Depreciation of SFA at BV
Depreciation of SFA at ODV
ODV Depreciation tax adjustment
Subvention Payment tax adjustment
Interest Tax Shield
Revaluations
Income tax
Numerator (as adjusted)
n Fixed Assets at year beginning (FA₀)
g Fixed Assets Capital at year end (FA₁)
s Net Working Capital at year beginning (NWC₀)
d Net Working Capital at year end (NWC₁)
b Total Equity at year beginning (TE₀)
q Total Equity at year end (TE₁)
r WUC at year beginning (WUC₀)
p WUC at year end (WUC₁)

| | | s' t |

| ROI | | 2,092.464 |
| | add | N/A |
| | add | 0 |
| | add | 876.385 |
| | deduct | 0 |
| | deduct | 1,531.650 |
| | deduct | -216.237 |
| | add | 0 |
| | deduct | 0 |
| | | N/A |
| | | 1,655.336 = (a + g + s - d + q - r + income tax adjustments) |
| | | a + g - p + s - t - b |
| | add | 14,890.939 |
| | add | 12,880.317 |
| | add | 2,961.022 |
| | divide by 2 |
| | | 2,219.428 |
| | | 16,225.853 |
| | | N/A |
| | | N/A |
| | divide by 2 |
| | | 0 |
| | add | 0 |

| ROE | | N/A |
| | add | 2,092.464 |
| | add | 0 |
| | add | 876.385 |
| | deduct | 0 |
| | deduct | 1,531.650 |
| | deduct | -216.237 |
| | add | 0 |
| | deduct | 0 |
| | | N/A |
| | | 1,655.336 = a + g - p + s - t - b |
| | | N/A |
| | add | 14,890.939 |
| | add | N/A |
| | add | 2,961.022 |
| | divide by 2 |
| | | 17,851.960 |
| | | N/A |
| | add | 14,599.745 |
| | divide by 2 |
| | | 16,225.853 |
| | add | 0 |
| | add | 0 |

| ROF | | 2,092.464 |
| | add | N/A |
| | add | 0 |
| | add | 876.385 |
| | deduct | 0 |
| | deduct | 1,531.650 |
| | deduct | -216.237 |
| | add | N/A |
| | deduct | N/A |
| | | 1,437.199 = a + g + s - d |
| | | N/A |
| | add | 14,890.939 |
| | add | 12,880.317 |
| | add | 2,961.022 |
| | divide by 2 |
| | | 16,225.653 |
| | | N/A |
| | | N/A |
| | | 14,599.745 |
| | divide by 2 |
| | add | 16,225.853 |
| | divide by 2 |
| | add | 0 |
| | add | 0 |



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💰 Financial Statements including Intangible Assets, Total Assets, and Funding (continued from previous page)

💰 Finance & Revenue
Financial Statements, Intangible Assets, Total Assets, Funding, Equity, Liabilities, Currency Risk, Contingent Liabilities, Capital Commitments, Events Subsequent to Balance Date, Related Party Transactions