New Zealand Gazette – 1999 – No. 134

Page 3236

✨ Financial Statements

3236 NEW ZEALAND GAZETTE No. 134

14 Imputation Credit Memorandum Account

Balance at the beginning of the year 10,380
Dividends allocated (2,634)
Taxation paid 3,712
Balance at the end of the year 11,457

Statement of Performance Measures
For the year ended 31 March 1999

Financial measures 1999 1998 1997 1996
Return on Funds 12.6% 16.2% 15.8% 14.2%
Return on Equity 8.1% 10.5% 8.9% 9.6%
Return on Investment 7.4% 27.9% 8.8% 9.9%

Efficiency Measures
Direct Line cost per Kilometre $1,613 $1,885 $1,795 $1,608
Indirect line costs per Electricity Customer $84.79 $49.60 $54.57 $61.85

The latest available ODV Valuation was prepared by Sinclair Knight Merz (NZ) Limited (trading as Leyland Consultants) as at 31 March 1998 and amounted to $129,438,500 (1 July 1995 $104,383,000).

Comparative numbers have not been restated to comply with the current regulations.

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VUW Te Waharoa — NZ Gazette 1999, No 134

NZLII — NZ Gazette 1999, No 134

The General Assembly Library (on the right) was completed in 1899 and survived the 1907 fire. Now the oldest remaining original Parliament building, still used as the Parliamentary Library.

✨ LLM interpretation of page content

🏭 Notes to the Financial Statements for WEL Energy Group Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial statements, Imputation Credit Memorandum Account, Performance Measures, Return on Funds, Return on Equity, Return on Investment, Efficiency Measures, ODV Valuation, Sinclair Knight Merz, Leyland Consultants

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