Financial Performance Measures




2880

NEW ZEALAND GAZETTE

No. 114

WESTPOWER LIMITED - LINES BUSINESS

SCHEDULE 1 - PART 7

FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS

Total equity at end of previous financial year (TE₀) 39,548
Total equity at end of current financial year (TE₁) 40,333
Average total equity k 39,940
WUC at end of previous financial year (WUC₀) 467
WUC at end of current financial year (WUC₁) -
Average total works under construction e deduct (234) deduct (234)
Revaluations r 234
Half of revaluations r/2 deduct
Intangible assets at end of previous financial year (IA₀) -
Intangible assets at end of current financial year (IA₁) -
Average total intangible asset m add -
Subvention payment at end of previous financial year (S₀) -
Subvention payment at end of current financial year (S₁) -
Subvention payment tax adjustment at end of previous financial year -
Subvention payment tax adjustment at end of current financial year -
Average subvention payment and related tax adjustment v add -
System fixed assets at end of previous financial year at book value (SFA₀) 50,332
System fixed assets at end of current financial year at book value (SFA₁) 49,370
Average value of system fixed assets at book value f deduct (49,851) deduct (49,851) deduct
System fixed assets at year beginning at ODV value (SFA₀) 50,332
System fixed assets at end of current financial year at ODV value (SFA₁) 49,370
Average value of system fixed assets at ODV value h add 49,851 add 49,851 add
Denominator 49,206 39,707
ATTE^{ADJ} = h-e-m+v+h ATTE^{ADJ} = k-e-m+v+h
Financial performance measure 4.64 2.22
ROE=EBIT/ATTE^{ADJ} x 100 ROE=NIAT/ATTE^{ADJ} x 100

t = maximum statutory income tax rate applying to corporate entities bv = book value ave = average odv = optimised deprival valuation subscript '0' = end of previous financial year
subscript '1' = end of current financial year ROF = return on funds ROE = return on equity ROI = return on investment



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2000, No 114


Gazette.govt.nz PDF NZ Gazette 2000, No 114





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