New Zealand Gazette – 1999 – No. 180

Page 4283

✨ Financial Performance Measures

26 NOVEMBER NEW ZEALAND GAZETTE 4283

Regulation 16

Derivation of financial and efficiency performance measures from financial statements

The earnings before interest and tax (EBIT) and the operating surplus after taxation have been adjusted to reflect differences between the company's accounting policies and the requirements of Regulation 17 and 18. The reconciliations are as follows:

1999
$000's

EBIT as per Statement of Financial Performance (Regulation 6) 3,695
Expenditure which maintains the service potential of the asset 1,350
EBIT as used in the calculation of performance measures 5,045

Net surplus after income tax as per Statement of Financial Performance (Regulation 6) 2,363
Expenditure which maintains the service potential of the asset 1,350
Net surplus after income tax as used in the calculation of performance measures 3,713

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VUW Te Waharoa — NZ Gazette 1999, No 180

NZLII — NZ Gazette 1999, No 180

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

🏭 Westpower Limited Financial Statements Notes (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Performance, EBIT, Operating Surplus, Regulation Compliance

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