New Zealand Gazette – 1999 – No. 146

Page 3507

✨ Financial Performance Measures



11 OCTOBER

NEW ZEALAND GAZETTE

3507

DEPARTMENT OF INTERNAL AFFAIRS
TE TARI TAIAWHA

PUBLISHED BY AUTHORITY OF DEPARTMENT OF INTERNAL AFFAIRS:
LEGISLATION DIRECT, WELLINGTON, NEW ZEALAND—1999

ISSN 0111-5650
31822—99A
Price $3.95 (inc. G.S.T.)

Derivation Table Symbol in formula Input Column Calculations ROF ROE ROI
Earnings before Interest and tax (EBIT) a 3,790,497 3,790,497 N/A 3,790,497
Net profit after tax (NPAT) n 2,429,084 N/A 2,429,084 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 2,233,538 s*t add 2,233,538 deduct 2,233,538 add 2,233,538
ODV Depreciation tax adjustment 1,994,899 1,994,899 deduct 1,994,899 deduct 1,994,899
Subvention Payment tax adjustment b 198,107 N/A deduct 198,107 deduct 198,107
Interest Tax Shield q 0 N/A 0 0
Revaluations r 182 N/A N/A add 182
Income tax (as adjusted) p 1,381,187 N/A N/A deduct 1,381,187
Fixed Assets at year beginning (FA₀) 49,829,322 = a + g + s + d 4,029,134 = n + g + s - s*t + d - b
Fixed Assets at year end (FA₁) 48,221,828 49,829,322 N/A 49,829,322
Net Working Capital at year beginning (NWC₀) 2,358,406 add 2,358,406 N/A add 2,358,406
Net Working Capital at year end (NWC₁) -10,207,445 add -10,222,590 N/A add -10,207,445
Average total funds employed (ATFE) c No entry = (FA₀ + FA₁ + NWC₀ + NWC₁)/2 44,003,383 N/A 44,100,956
Total Equity at year beginning (TE₀) 51,896,857 N/A 51,896,857 N/A
Total Equity at year end (TE₁) 34,185,897 N/A add 34,185,897 N/A
Average total equity k No entry = (TE₀ + TE₁)/2 43,041,277 N/A
WUC at year beginning (WUC₀) 0 0 0 0
WUC at year end (WUC₁) 0 0 0 0
Average total Works under Construction e No entry = (WUC₀ + WUC₁)/2 0 0 0
Revaluations r 0 N/A N/A N/A
Goodwill asset at year beginning (GW₀) 0 N/A N/A N/A
Goodwill asset at year end (GW₁) 0 N/A N/A N/A
Average Goodwill asset m No entry = (GW₀ + GW₁)/2 0 0 0
Subvention payment at year beginning (S₀) 0 N/A N/A N/A
Subvention payment at year end (S₁) 0 N/A N/A N/A
Subvention payment tax adjustment at year beginning 0 = s₀·t N/A add 0 N/A
Subvention payment tax adjustment at year end 0 = s₁·t N/A deduct 0 N/A
Average subvention payment & related tax adjustment v No entry = (s₀ + s₁ + s₀·t + s₁·t)/2 0 0 0
System Fixed assets at year beginning at book value (SFAₘ₀) 49,829,322 49,829,322 49,829,322 49,829,322
System Fixed assets at year end at book value (SFAₘ₁) 46,221,828 add 46,221,828 add 46,221,828 add 46,221,828
Average value of system fixed assets at book value f No entry = (SFAₘ₀ + SFAₘ₁)/2 48,025,475 48,025,475 48,025,475
System Fixed assets at year beginning at ODV value (SFAₒ₀) 115,163,916 add 115,163,916 add 115,163,916 115,163,916
System Fixed assets at year end at ODV value (SFAₒ₁) 115,163,916 add 115,163,916 add 115,163,916 add 115,163,916
Average value of system fixed assets at ODV value h No entry = (SFAₒ₀ + SFAₒ₁)/2 115,163,916 115,163,916 115,163,916
Denominator (as adjusted) = c - e - f + h 111,231,824 = k - e - m + v - f + h 110,179,718
Financial Performance Measure: EBITᴬᴰᴶ/ATFEᴬᴰᴶ x 100/1 = 3.82% PATᴬᴰᴶ/ATEᴬᴰᴶ x 100/1 = 2.24% EBITᴬᴰᴶ/ATFEᴬᴰᴶ x 100/1 = 2.22%

Key:
t = standard entity tax rate
bv = book value
ave = average
odv = optimised deprival
subscript '0' = beginning of the financial year
subscript '1' = end of the financial year


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✨ LLM interpretation of page content

💰 Disclosure of Reliability Performance Measures (continued from previous page)

💰 Finance & Revenue
11 October 1999
Reliability performance, Interruptions, Faults, SAIDI, SAIFI, Electricity (Information Disclosure) Regulations 1999, Financial calculations, EBIT, NPAT, ROF, ROE, ROI