New Zealand Gazette – 1999 – No. 138

Page 3339

✨ Financial Performance Measures



4 OCTOBER

NEW ZEALAND GAZETTE

3339

Derivation Table Symbol in formula Input Column Calculations ROF ROE ROI
Earnings before interest and tax (EBIT) a 1,805,324 1,805,324 N/A 1,805,324
Net profit after tax (NPAT) n 975,408 N/A 975,408 N/A
Amortised Goodwill g 0 add 0 add 0
Subvention Payment s 0 add 0 add 0
Depreciation of SFA at BV d 923,940 add 923,940 add 923,940
Depreciation of SFA at ODV 2,466,593 deduct 2,466,593 deduct 2,466,593
ODV Depreciation tax adjustment b -509,076 N/A deduct -509,076
Subvention Payment tax adjustment 0 s*1 N/A 0 0
Interest Tax Shield q 5,967 N/A N/A 5,967
Revaluations r 0 N/A add 0
Income tax p 586,825 N/A deduct 586,825
Numerator (as adjusted) No entry = a + g + s + d = n + g + s - s*1 + d - b = a + g - q + r + s + d - p - s*1 - b
Fixed Assets at year beginning (FA₀) 18,041,871 18,041,871 N/A 18,041,871
Fixed Assets at year end (FA₁) 16,559,017 N/A N/A N/A
Net Working Capital at year beginning (NWC₀) 2,069,415 add 2,069,415 add 2,069,415
Net Working Capital at year end (NWC₁) 1,615,861 add 1,615,861 add 1,615,861
Average total funds employed (ATFE) c No entry = (FA₀ + FA₁ + NWC₀ + NWC₁)/2 19,143,082 N/A 19,143,082
Total Equity at year beginning (TE₀) 15,533,974 N/A 15,533,974 N/A
Total Equity at year end (TE₁) 14,877,938 N/A 14,877,938 N/A
Average total equity k No entry = (TE₀ + TE₁)/2 N/A 15,205,956 N/A
WUC at year beginning (WUC₀) 114,141 114,141 114,141
WUC at year end (WUC₁) 287,646 287,646 287,646
Average total Works under Construction e No entry = (WUC₀ + WUC₁)/2 200,893 200,893 200,893
Revaluations r 0 N/A 0 N/A
Goodwill asset at year beginning (GW₀) 0 N/A 0 N/A
Goodwill asset at year end (GW₁) 0 N/A 0 N/A
Average Goodwill asset m No entry = (GW₀ + GW₁)/2 N/A 0 N/A
Subvention payment at year beginning (S₀) 0 N/A 0 N/A
Subvention payment at year end (S₁) 0 N/A 0 N/A
Subvention payment tax adjustment at year beginning 0 = s₀/1 N/A 0 N/A
Subvention payment tax adjustment at year end 0 = s₁/1 N/A 0 N/A
Average subvention payment & related tax adjustment v No entry = (s₀/1 + s₁/1 + s₀/1)/2 N/A 0 N/A
System Fixed assets at year beginning at book value (SFAbv0) 13,248,621 13,248,621 13,248,621
System Fixed assets at year end at book value (SFAbv1) 11,929,496 11,929,496 11,929,496
Average value of system fixed assets at book value f No entry = (SFAbv0 + SFAbv1)/2 12,589,059 12,589,059 12,589,059
System Fixed assets at year beginning at ODV value (SFAodv0) 75,536,439 75,536,439 75,536,439
System Fixed assets at year end at ODV value (SFAodv1) 70,118,852 70,118,852 70,118,852
Average value of system fixed assets at ODV value h No entry = (SFAodv0 + SFAodv1)/2 72,827,645 72,827,645 72,827,645
Denominator (as adjusted) = c - e - f + h = k - e - m + v - f + h = c - e - ½v - f + h
Financial Performance Measure: EBITadj/ATFEadj x 100/1 = 0.33% NPATadj/ATEadj x 100/1 = -0.08% EBITadj/ATFEadj x 100/1 = 0.23%

Key:

  • t = 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


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✨ LLM interpretation of page content

🏭 Reliability Performance Measures (continued from previous page)

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