✨ Financial Performance Measures
NEW ZEALAND GAZETTE
25 AUGUST
2769
SCHEDULE 1 - PART 7
FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS
| Input and Calculations | Symbol in formula | Derivations | Financial Performance Measure: |
|---|---|---|---|
| $000 | Half of revolutions | ROF | |
| Intangible assets at end of current financial year (A_c) | |||
| a | Average total assets at end of current financial year (A_n) | ||
| f | (or regulation 33 time-weighted average) | ||
| 5000 | Subvention payment at end of previous financial year (S_t) | ROI | |
| g | Subvention payment tax adjustment at end of previous financial year | ||
| m | Subvention payment at end of current financial year | ||
| o | Subvention payment tax adjustment at end of current financial year | ||
| q | Financial year average adjustment | ||
| System fixed assets (if land & if previous financial year at book value (SFA_c)) | |||
| 3000 | System fixed assets at end of current financial year at book value | ROE | |
| (or regulation 33 time-weighted average) | |||
| f | 710.139 | ||
| Average value of system fixed assets at CDV value (SFPA_n) | |||
| 800 | Average value of system fixed assets at ODV value (SFPA_c) | ||
| d | 707.562 | ||
| (for regulation 38 time-weighted average) | |||
| 708.381 | |||
| deduct | |||
| v | 710.139 | ||
| deduct | |||
| 708.851 | |||
| deduct | |||
| add | |||
| 708.851 | |||
| add | |||
| 683.987 | |||
| ATFE^(Av e - f + h) | |||
| Ave TE^(k - e - g + i + j) | |||
| ROI = OSBIT^(A_c)/ATFE^(A_n) x 100 | |||
| ROE = NSAT^(A_c)/ATE^(A_n) x 100 |
Definitions
a - return on fixed assets (book value) - average of three previous annual values
b - return on investment (optimised deprival valuation)
c - ROE = return on funds employed
ROF = (Subvention^(t) + O + m) - q
ROI = (OSBIT^(A_c) x 100)/ATFE^(A_n)
Where:
- OSBIT = Operating Surplus Before Interest and Tax
- ATFE = Average Total Funds Employed
ROE = (NSAT^(A_c) x 100)/ATE^(A_n)
Where:
- NSAT = Net Surplus After Tax
- ATE = Average Total Equity
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2000, No 110
Gazette.govt.nz —
NZ Gazette 2000, No 110
✨ LLM interpretation of page content
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Derivation of Financial Performance Measures
(continued from previous page)
💰 Finance & RevenueFinancial Performance, Operating Surplus, Net Surplus, Fixed Assets, Equity, Working Capital