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New Zealand Gazette – 2000 – No. 159

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✨ Natural Gas Corporation Performance Measures

28 NOVEMBER NEW ZEALAND GAZETTE 4101

Natural Gas Corporation – Gas Transmission Activities

Statement of Performance Measures

For the year ended 30 June 2000

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

	2000	1999	1998	1997
1. Financial Performance Measures
Accounting Return on Total Assets	11.9%	9.7%	10.6%	10.4%
Accounting Return on Equity	8.7%	7.0%	7.8%	8.6%
Accounting Rate of Profit	8.4%	6.7%	7.3%	6.5%

| 2. Efficiency Performance Measures | | | | |
| Direct Line Costs per Kilometre | $5,114 | $6,133 | $4,374 | $4,049 |
| Indirect Line Costs per Gas Customer | $929,333 | $589,083 | $675,545 | $340,857 |

The increase in indirect line costs per customer is partly attributable to customers reducing from 12 to 9 following restructuring in the sector.

3. Other Performance Measures and Statistics

3.1 Load factor

| System | 2000 | 1999 |
| | Gas Into System, a (GJ p.a.) | Max. Monthly Quantity, b (GJ/mth) | Load Factor, a x 100 12 x b | Gas Into System, a (GJ p.a.) | Max. Monthly Quantity, b (GJ/mth) | Load Factor, a x 100 12 x b |
|-----------------------|-------------------------------|------------------------------|-------------------------------|-------------------------------|------------------------------|-------------------------------|
| North & Central | | 27,565,731 | 2,519,007 | 91.2 |
| North | 41,869,514 | 4,842,133 | 72.1 |
| Central | 9,318,902 | 1,110,835 | 69.9 |
| Bay of Plenty | 11,852,566 | 1,204,496 | 82.0 | 11,605,971 | 1,165,652 | 83.0 |
| Frankley Rd - Kapuni | 25,934,596 | 2,946,459 | 73.3 | 30,528,389 | 3,360,884 | 75.7 |
| South | 10,362,614 | 1,212,350 | 74.7 | 9,998,616 | 1,218,760 | 68.4 |

NB: Gas entering the North System includes gas delivered into Central System.
Gas entering the Central System includes gas delivered into the Bay of Plenty System.
Gas entering the Frankley Rd – Kapuni System includes gas delivered into the South System.
No statistics are shown for North and Central for 1999 as these two areas were combined in that year.

VUW Te Waharoa — NZ Gazette 2000, No 159

Gazette.govt.nz — NZ Gazette 2000, No 159

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

💰 Natural Gas Corporation - Gas Transmission Activities Performance Measures (continued from previous page)

Domain💰 Finance & Revenue
KeywordsFinancial Performance, Efficiency Performance, Load Factor, Accounting Return, Gas Transmission

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