New Zealand Gazette – 2000 – No. 69

Page 1578

✨ Electricity Industry Performance Measures

1578
NEW ZEALAND GAZETTE
No. 69

Financial and efficiency performance measures for the Line Business

Introduction

The Electricity (Information Disclosure) Regulations 1999 forms part of the regulatory regime introduced following deregulation of the Electricity Industry.

The Regulations require Electricity Companies that operate a Line Business to publicly disclose in the Gazette and have available on request a variety of information. Included in this disclosure are Financial, Reliability and Efficiency Performance Measures and Statistics.

In order to consistently define these measures to allow comparison between Electricity Companies, the Regulations require a number of adjustments to be made to the Financial Statements. For this reason, the Financial Statements disclosed are not necessarily the basis of information used for calculations in Performance Measures and Statistics.

This information has been prepared solely for the purpose of complying with regulations 15, 16, 21 and 22 of the Electricity (Information Disclosure) Regulations 1999 and is not intended for any other purpose.

Financial performance measures

Rates of return for the Line Business are as follows:

	2000	1999	1998	1997
Return on funds	1.84%	4.57%	1.35%	0.40%
Return on equity	0.84%	4.09%	1.35%	0.40%
Return on investment	0.96%	2.30%	14.08%	3.50%

Efficiency performance measures

	2000	1999	1998	1997
Direct line costs per kilometre	$1,332	$1,367	$1,317	$1,519
In-direct line costs per electricity customer	$58	$74	$92	$95

VUW Te Waharoa — NZ Gazette 2000, No 69

Gazette.govt.nz — NZ Gazette 2000, No 69

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✨ LLM interpretation of page content

💰 Further Information on Financial Statements (continued from previous page)

Domain💰 Finance & Revenue
KeywordsFinancial statements, Funding, Revenue, Expenditure, Assets, Liabilities

🌾 Electricity Industry Financial and Efficiency Performance Measures

Domain🌾 Primary Industries & Resources
KeywordsElectricity, Financial Performance, Efficiency, Return on Investment, Line Business

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