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New Zealand Gazette – 1999 – No. 186

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✨ Natural Gas Corporation Financial Performance

3 DECEMBER NEW ZEALAND GAZETTE 4423

Natural Gas Corporation – Gas Transmission Activities

Statement of Performance Measures

For the year ended 30 June 1999

For the purposes of the Gas (Information Disclosure) Regulations 1997

	1999	1998
1. Financial Performance Measures
Accounting Return on Total Assets	9.7%	10.6%
Accounting Return on Equity	7.0%	7.8%
Accounting Rate of Profit	6.7%	7.3%

| 2. Efficiency Performance Measures | | |
| Direct Line Costs per kilometre | $6,133 | $4,374 |
| Indirect Line Costs per Gas Customer | $589,083 | $673,545 |

3. Other Performance Measures and Statistics

3.1 Load factor

System	1999		1998
	Gas Into System, a (GJ p.a.)	Max. Monthly Quantity, b (GJ/mth)	Load Factor, a×100 12×b	Gas Into System, a (GJ p.a.)
North & Central	27,565,731	2,519,007	91.2	22,687,600
Central (I)				8,765,941
Bay of Plenty	11,605,971	1,165,652	83.0	11,283,386
Frankley Rd – Kapuni	30,528,389	3,360,884	75.7	14,744,666
South	9,998,616	1,218,760	68.4	10,593,321

(I) For 1999, North and Central systems have been combined

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VUW Te Waharoa — NZ Gazette 1999, No 186

NZLII — NZ Gazette 1999, No 186

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✨ LLM interpretation of page content

🏭 Natural Gas Corporation - Gas Transmission Activities Financial Statements (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsNatural Gas, Financial Performance, Gas (Information Disclosure) Regulations 1997, Accounting Policies, Construction in Progress, Current Assets, Depreciation, Deferred Income, Taxation, Deferred Expenditure

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