New Zealand Gazette – 2000 – No. 113

Page 2842

✨ Financial Performance Measures



NEW ZEALAND GAZETTE

No. 113

SCHEDULE 1 - PART 7

FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS

Derivation Table Symbol in formula Input and Calculations
Operating surplus before interest and income tax from financial statements 2,733,692
Operating surplus before interest and income tax adjusted pursuant to regulation 18 (OSBIT) 2,733,692
Interest on cash, bank balances, and short-term investments (ISTI) 568,759
OSBIT minus ISTI 2,164,933
Net surplus after tax from financial statements 2,733,588
Net surplus after tax adjusted pursuant to Regulation 18 (NSAT) 2,733,588
Amortisation of goodwill and amortisation of other intangibles 0 Ig
Subvention payment 0
Depreciation of SFA at BV (s) 998,780
Depreciation of SFA and ODV (d) 2,460,000
ODV depreciation adjustment -1,461,220
Subvention payment tax adjustment 0 d*
Interest tax shield -187,656 q
Revaluations 2,537,000 r
Income tax 0 p
Numerator
Fixed assets at end of previous financial year (FA_p) 12,380,317
Fixed assets at end of current financial year (FA_c) 13,791,096
Adjusted net working capital at end of previous financial year (ANWC_p) 962,056
ROI (Return on Investment)
OSBIT^ADJ = n + g + s - r* + d OSBIT^ADJ 2,164,933 2,164,933
NSAT^ADJ = a + g + s - r* + d NSAT^ADJ 2,733,588 2,537,000
Add 0 add
Add 0 add
Deduct -1,461,220 deduct
Add 0 add
Deduct -187,656 deduct
ROE (Return on Equity)
NSAT^ADJ = n + g + s - r* + d OSBIT^ADJ 2,733,588
Add 0 add
Add 0 add
Deduct -1,461,220 deduct
Add 0 add
ROF (Return on Funds)
OSBIT^ADJ = a + g + s - d 2,164,933 703,713
NSAT^ADJ = a + g + s + d 3,428,369
Formula OSBIT^ADJ = n + g + s - r* + d OSBIT^ADJ 2,537,000


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2000, No 113


Gazette.govt.nz — PDF NZ Gazette 2000, No 113




✨ LLM interpretation of page content

🏭 Otago Power Limited Financial Statement (continued from previous page)

🏭 Trade, Customs & Industry
14 August 2000
Financial Performance, Operating Surplus, Interest, Income Tax, Depreciation, Amortisation, Goodwill, Intangibles, Subvention Payment, Revaluations, Return on Investment, Return on Equity, Return on Funds