New Zealand Gazette – 2000 – No. 69

Page 1584

✨ Financial Measures and Ratios



NEW ZEALAND GAZETTE

No. 69

Derivation of financial and efficiency measures from financial statements

Symbol in formula Calculations ROF ROE ROI
a Earnings before interest and tax (EBIT) 1,369,000 N/A 1,369,000
b Net profit after tax (NPAT) N/A 556,000 N/A
c Amortised Goodwill - Add -
d Subvention Payment Add Add Add
e Depreciation of SFA at BV 307,411 307,411 307,411
f Depreciation of SFA at ODV 413,941 - -
g OGV depreciation tax adjustment (35,155) - -
h Subvention Payment tax shield N/A N/A N/A
i Interest tax N/A N/A N/A
j Revaluations - - -
k Numerator (as adjusted) 1,202,470 484,625 627,135
= a + g + i - s + d EBIT ADJ = (NPATAD)
l Fixed Assets at year beginning (FA₀) 63,773,000 N/A 63,773,000
m Net working capital (NWC₀) 64,095,000 N/A N/A
n Net working capital at year end (NWC₁) 2,893,000 N/A N/A
o Average total funds employed (ATFE) 65,569,500 - 65,569,500
= (FA₀ + NWC₀ + NWC₁)/2
p Total equity at year beginning (TE₀) N/A 62,415,597 N/A
q Total equity at year end (TE₁) N/A 51,722,597 N/A
r Works under construction at year beginning (WUC₀) 239,809 - 239,809
s Works under construction at year end (WUC₁) 239,809 - -
t Revaluations - 119,985 -
u Average total assets at year beginning (GW₀) 119,985 N/A -
v Goodwill asset at year beginning (GW₁) N/A N/A -
w Goodwill payment for previous year (S₀) (362,000) N/A N/A
x Subvention payment this year (S₁) - N/A N/A
y Subvention payment tax adjustment for previous year - N/A N/A

Financial Ratios

ROF

  • Add a, d, e
  • Deduct f, g
  • Calculation = (1,369,000 + 307,411 + 307,411) - (413,941 + 35,155) = 1,524,726

ROE

  • Add b, c, d
  • Deduct e
  • Calculation = 556,000 + 307,411 - 307,411 = 556,000

ROI

  • Add a, d, e
  • Deduct g
  • s + (a + d + e + g - s) = N/A
  • Calculation = 1,369,000 + 307,411 + 307,411 - 35,155 = 1,948,667

Other Calculations

ROF ROE ROI
Total Calculations Add Add Add
63,773,000 N/A 63,773,000
Add N/A Add
64,095,000 64,095,000
Divide by 2 Divide by 2
65,569,500 N/A 65,569,500
N/A Add N/A
62,415,597
N/A Add N/A
51,722,597
Divide by 2
57,069,097
  • ROF: (a + g - s + d) / ((FA₀ + NWC₀ + NWC₁)/2)
  • ROE: (NPAT + c + d - e) / ((TE₀ + TE₁)/2)
  • ROI: (EBIT ADJ) / (ATFE)


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2000, No 69


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




✨ LLM interpretation of page content

💰 Derivation of financial and efficiency measures from financial statements (continued from previous page)

💰 Finance & Revenue
Financial measures, Efficiency measures, Financial statements, ROF, ROE, ROI

💰 Financial Ratios

💰 Finance & Revenue
Financial ratios, ROF, ROE, ROI, Calculations