New Zealand Gazette – 1999 – No. 147

Page 3533

✨ Financial Performance Measures



11 OCTOBER

NEW ZEALAND GAZETTE

3533

Derivation Table Symbol In formula Input Column Calculations ROF ROE ROI
Earnings before interest and tax (EBIT) a 61,389,000 61,389,000 N/A 61,389,000
Net profit after tax (NPAT) n 22,724,000 N/A 22,724,000 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 19,923,342 add 19,923,342 add 19,923,342 add 19,923,342
Depreciation of SFA at ODV 20,598,506 deduct 20,598,506 deduct 20,598,506 deduct 20,598,506
ODV Depreciation tax adjustment b -222,804 s*t N/A deduct -222,804 deduct -222,804
Subvention Payment tax adjustment 0 N/A 0 0
Interest Tax Shield q 9,385,200 N/A N/A deduct 9,385,200
Revaluations r 14,809,000 N/A N/A add 14,809,000
Income tax p 10,225,000 N/A N/A deduct 10,225,000
Numerator (as adjusted) No entry = a + g + s + d 60,713,836 *= n + g + s - st + d - b** 56,135,440
Fixed Assets at year beginning (FA₀) 756,546,000 756,546,000 N/A 756,546,000
Fixed Assets at year end (FA₁) 783,386,000 add 783,386,000 N/A add 783,386,000
Net Working Capital at year beginning (NWC₀) -102,751,000 add -102,751,000 N/A add -102,751,000
Net Working Capital at year end (NWC₁) -36,933,000 add -36,933,000 N/A add -36,933,000
Average total funds employed (ATFE) c No entry = (FA₀ + FA₁ + NWC₀ + NWC₁)/2 700,124,000 divide by 2 700,124,000
Total Equity at year beginning (TE₀) 299,645,000 N/A N/A N/A
Total Equity at year end (TE₁) 587,346,000 N/A add 587,346,000 N/A
Average total equity k No entry = (TE₀ + TE₁)/2 N/A divide by 2 443,495,500
WUC at year beginning (WUC₀) 41,140,000 41,140,000 41,140,000 41,140,000
WUC at year end (WUC₁) 72,996,000 add 72,996,000 add 72,996,000 add 72,996,000
Average total Works under Construction e No entry = (WUC₀ + WUC₁)/2 57,068,000 divide by 2 57,068,000
Revaluations r 14,809,000 N/A N/A 14,809,000
Goodwill asset at year beginning (GW₀) 0 N/A N/A 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 N/A 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 (SFAₐₜ₀) 715,377,000 715,377,000 715,377,000 715,377,000
System Fixed assets at year end at book value (SFAₐₜ₁) 710,139,000 add 710,139,000 add 710,139,000 add 710,139,000
Average value of system fixed assets at book value f No entry = (SFAₐₜ₀ + SFAₐₜ₁)/2 712,758,000 divide by 2 712,758,000
(SFAₒ𝒹ᵥ₀) 715,377,000 add 715,377,000 add 715,377,000 715,377,000
System Fixed assets at year end at ODV value (SFAₒ𝒹ᵥ₁) 710,139,000 add 710,139,000 add 710,139,000 add 710,139,000
Average value of system fixed assets at ODV value h No entry = (SFAₒ𝒹ᵥ₀ + SFAₒ𝒹ᵥ₁)/2 712,758,000 divide by 2 712,758,000
Denominator (as adjusted) = c - e - m + v - f + h 643,056,000 = k - e - m + v - f + h 386,427,500
Financial Performance Measure: EBITᴬᴰᴶ/ATFEᴬᴰᴶ x 100/1 9.44% PATᴬᴰᴶ/ATEᴬᴰᴶ x 100/1 5.76%
EBITᴬᴰᴶ/ATFEᴬᴰᴶ x 100/1 =

Key

  • t = standard entity tax rate
  • bv = book value
  • ave = average
  • 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 147


NZLII — PDF NZ Gazette 1999, No 147




✨ LLM interpretation of page content

🏭 Reliability Performance Measures for Electricity (continued from previous page)

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

💰 Derivation Table for Financial Performance Measures

💰 Finance & Revenue
Financial Performance, EBIT, NPAT, Depreciation, Revaluations, Tax Adjustments, Works under Construction, Goodwill, Subvention Payment