New Zealand Gazette – 1999 – No. 175

Page 4187

✨ Financial Performance Table



19 NOVEMBER

NEW ZEALAND GAZETTE

4187

Derivation Table Symbol in formula Input Column Calculations ROF ROE ROI
Earnings before interest and tax (EBIT) a 141,571 141,571 N/A 141,571
Net profit after tax (NPAT) n 94,853 N/A 94,853 N/A
Amortised Goodwill g 0 add 0 add 0
Subvention Payment s 0 add 0 add 0
Depreciation of SFA at BV d 361,478 add 361,478 add 361,478
Depreciation of SFA at ODV 140,970 deduct 140,970 deduct 140,970
ODV Depreciation tax adjustment b 72,768 N/A deduct 72,768
Subvention Payment tax adjustment 0 s't N/A deduct 0
Interest Tax Shield q 0 N/A N/A 0
Revaluations r 0 N/A N/A 0
Income tax p 46,718 N/A N/A 46,718
Numerator (as adjusted) No entry = a + g + s + d 362,079 = n + g + s - s't + d - b 242,593
Fixed Assets at year beginning (FA₀) 4,181,327
Fixed Assets at year end (FA₁) 11,539,311 add
Net Working Capital at year beginning (NWC₀) 1,835,561 add
Net Working Capital at year end (NWC₁) 2,206,793 add
Average total funds employed (ATFE) c No entry = (FA₀ + FA₁ + NWC₀ + NWC₁)/2 9,881,496 N/A 9,881,496
Total Equity at year beginning (TE₀) 6,616,888
Total Equity at year end (TE₁) 13,746,504 add
Average total equity k No entry = (TE₀ + TE₁)/2 N/A 10,181,696 N/A
WUC at year beginning (WUC₀) 0
WUC at year end (WUC₁) 97,446 add add
Average total Works under Construction e No entry = (WUC₀ + WUC₁)/2 48,723 48,723 48,723
Revaluations r 0 N/A
Goodwill asset at year beginning (GW₀) 0 N/A N/A
Goodwill asset at year end (GW₁) 0 add N/A 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 N/A
Subvention payment at year end (S₁) 0 add N/A N/A
Subvention payment tax adjustment at year beginning s₀' 0 deduct N/A
Subvention payment tax adjustment at year end s₁' No entry deduct N/A 0
Average subvention payment & related tax adjustment v No entry = (s₀ + s₁ + s₀' + s₁')/2 0 N/A
System Fixed assets at year beginning at book value (SFA₀bv) 3,207,210 3,207,210 3,207,210
System Fixed assets at year end at book value (SFA₁bv) 10,620,034 add 10,620,034 10,620,034
Average value of system fixed assets at book value l No entry = (SFA₀bv + SFA₁bv)/2 6,913,622 6,913,622 6,913,622
System Fixed assets at year beginning at ODV value (SFA₀odv) 11,694,579 add 11,694,579 11,694,579
System Fixed assets at year end at ODV value (SFA₁odv) 11,625,663 add 11,625,663 11,625,663
Average value of system fixed assets at ODV value h No entry = (SFA₀odv + SFA₁odv)/2 11,660,121 11,660,121 11,660,121
Denominator (as adjusted) = c - e - l + h 14,579,272 = k - e - m + v - l + h 14,879,472

Financial Performance Measure

Formula Value
EBIT^ADJ / ATFE^ADJ × 100 2.48%
PAT^ADJ / ATE^ADJ × 100 1.63%
EBIT^BV / ATFE^BV × 100 1.66%

Key

  • t = standard entity tax rate
  • bv = book value
  • ave = average
  • ODV = optimised deprival valuation
  • SFA^ADJ = adjusted SFA at beginning of the financial year
  • SFA^BV = SFA at end of the financial year


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✨ LLM interpretation of page content

💰 Financial Performance Measures for Electricity

💰 Finance & Revenue
Electricity, Financial Performance, EBIT, NPAT, ODV, SFA, ROF, ROE, ROI