β¨ Financial Performance Measures
17 SEPTEMBER NEW ZEALAND GAZETTE 3009
3. PERFORMANCE MEASURES AND STATISTICS
For the year ending 31 March 1999: PART 4 (Regulations 15 to 22)
3.1 Schedule 1 β PART 3
Regulation 15: Disclosure by Line Owners of Financial and Efficiency Performance Measures
Regulation 17: Further Requirements about Financial and Efficiency Performance Measures
| Year ended 31 March | 1996 | 1997 | 1998 | 1999 |
|---|
1 Financial performance measures
a Return on funds | - | - | - | 13.40%
b Return on equity | - | - | - | 8.76%
c Return on investment | - | - | - | 9.22%
Accounting return on total assets | 4.62% | 8.11% | 9.87% | -
Accounting return on Equity | 3.16% | 5.48% | 8.04% | -
Accounting rate of profit | 2.19% | 5.46% | 8.07% | -
2 Efficiency performance measures
a Direct line costs per kilometre | $1,131.51 | $959.21 | $975.50 | $1,277.19
b Indirect line costs per consumer | $91.57 | $107.52 | $115.35 | $145.95
For Information Purposes Only
The following financial performance measures result if the full book value of the line assets purchased from TransAlta and Trustpower (ie ODV plus identified intangibles) is included in the financial ratio calculations.
| Year ended 31 March | 1999 |
|---|
1 Financial performance measures
a Return on funds | 9.07%
b Return on equity | 8.76%
c Return on investment | 6.24%
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VUW Te Waharoa —
NZ Gazette 1999, No 125
NZLII —
NZ Gazette 1999, No 125
β¨ LLM interpretation of page content
π°
Performance Measures and Statistics for Line Owners
(continued from previous page)
π° Finance & RevenueFinancial performance, Efficiency performance, Return on funds, Return on equity, Line costs