New Zealand Gazette – 1999 – No. 126

Page 3033

✨ Financial Performance Measures



17 SEPTEMBER

NEW ZEALAND GAZETTE

3033

Derivation Table - (With Rebate) Symbol in formula Input Column Calculations ROF ROE ROI
Earnings before interest and tax (EBIT) a 679,958 679,958 N/A 679,958
Net profit after tax (NPAT) n -494,680 N/A -494,680 N/A
Amortised Goodwill g 0 add 0 add 0 add 0
Subvention Payment s 0 add 0 add 0 add 0
Depreciation of SFA at BV d 2,298,873 add 2,298,873 add 2,298,873 add 2,298,873
Depreciation of SFA at ODV 2,298,873 deduct 2,298,873 deduct 2,298,873 deduct 2,298,873
ODV Depreciation tax adjustment b 0 N/A deduct 0 deduct 0
Subvention Payment tax adjustment 0 s*t N/A deduct 0 deduct 0
Interest Tax Shield q 39,668 N/A N/A deduct 39,668
Revaluations r 0 N/A N/A add 0
Income tax p 1,054,431 N/A N/A deduct 1,054,431
Numerator (as adjusted) No entry = a + g + s + d 679,958 = n + g + s - s*t + d - b -494,680
Fixed Assets at year beginning (FA₀) 63,994,837 63,994,837 N/A 63,994,837
Fixed Assets at year end (FA₁) 65,260,898 add 65,260,898 N/A add 65,260,898
Net Working Capital at year beginning (NWC₀) -1,726,091 add -1,726,091 N/A add -1,726,091
Net Working Capital at year end (NWC₁) -3,599,743 add -3,599,743 N/A add -3,599,743
Average total funds employed (ATFE) c No entry = (FA₀ + FA₁ + NWC₀ + NWC₁)/2 divide by 2 61,968,951 N/A
Total Equity at year beginning (TE₀) 55,069,210 N/A 55,069,210 N/A
Total Equity at year end (TE₁) 56,905,983 N/A add 56,905,983 N/A
Average total equity k No entry = (TE₀ + TE₁)/2 N/A divide by 2 55,987,597
WUC at year beginning (WUC₀) 0 0 0 0
WUC at year end (WUC₁) 0 add 0 add 0 add 0
Average total Works under Construction e No entry = (WUC₀ + WUC₁)/2 divide by 2 0 divide by 2
Revaluations r 0 N/A N/A 0
Goodwill asset at year beginning (GW₀) 0 N/A 0 N/A
Goodwill asset at year end (GW₁) 0 N/A add 0 N/A
Average Goodwill asset m No entry = (GW₀ + GW₁)/2 N/A divide by 2 0
Subvention payment at year beginning (S₀) 0 N/A 0 N/A
Subvention payment at year end (S₁) 0 N/A add 0 N/A
Subvention payment tax adjustment at year beginning 0 = S₀t N/A deduct 0 N/A
Subvention payment tax adjustment at year end 0 = S₁t N/A deduct 0 N/A
Average subvention payment & related tax adjustment v No entry = (S₀ + S₁ + S₀t + S₁t)/2 N/A divide by 2 0
System Fixed assets at year beginning at book value (SFA₀) 60,509,985 60,509,985 60,509,985 60,509,985
System Fixed assets at year end at book value (SFA₁) 61,604,319 add 61,604,319 add 61,604,319 add 61,604,319
Average value of system fixed assets at book value f No entry = (SFA₀ + SFA₁)/2 divide by 2 61,057,152 divide by 2
System Fixed assets at year beginning at ODV value 60,509,985 add 60,509,985 add 60,509,985 60,509,985
System Fixed assets at year end at ODV value (SFA_odv₁) 61,604,319 add 61,604,319 add 61,604,319 add 61,604,319
Average value of system fixed assets at ODV value h No entry = (SFA_odv₀ + SFA_odv₁)/2 divide by 2 61,057,152 divide by 2
Denominator (as adjusted) = c - e - f + h 61,968,951 = k - e - m - v - f + h

Financial Performance Measure:

EBIT^ADJ / ATFE^ADJ x 100/1 = 1.10%

NPAT^ADJ / ATE^ADJ x 100/1 = -0.88%

EBIT^ADJ / ATFE^ADJ x 100/1 = -0.67%

Key:
N/A = standard entity tax rate
bv = book value
ave = average
ADJ = as adjusted
odv = optimised deprival valuation
subscript '0' = beginning of the financial year
subscript '1' = end of the financial year



Next Page →

PDF embedding disabled (Crown copyright)

View this page online at:


VUW Te Waharoa — PDF NZ Gazette 1999, No 126


NZLII — PDF NZ Gazette 1999, No 126




✨ LLM interpretation of page content

🏭 Disclosure of Financial and Efficiency Performance Measures for Electricity Ashburton Limited (continued from previous page)

🏭 Trade, Customs & Industry
Statistics, Electricity, Faults, Interruptions, Performance Measures, CAIDI, SAIDI, SAIFI