✨ Financial Derivation Table
NEW ZEALAND GAZETTE
No. 71
Derivation Table
| Symbol in formula | Input Column | Calculations |
|---|---|---|
| Earnings before interest and tax (EBIT) | ||
| Net profit after tax (NPAT) | ||
| a | Amortised Goodwill | Numerator (as adjusted) |
| b | Subordinated Debt | Fixed Assets at year beginning (FA₀) |
| c | Depreciation of SFA at BV | Net Working Capital at year beginning (NWC₀) |
| d | ODV Depreciation tax adjustment | Average Total Funds Employed (ATFE) |
| e | Subvention Payment Tax Shield | Total Equity at year beginning (TE₀) |
| f | Revaluations | Total Debt at year beginning (TD₀) |
| g | Income Tax | Average total capital (T₁) |
| h | Average total equity (TE) | |
| i | WUC at year beginning (WUC₀) | |
| j | WUC of Average Total Works Under Construction (WUCₜ) | |
| k | Goodwill asset at year beginning (GW₀) | |
| l | Revaluations | |
| m | Goodwill payment asset (GWₜ) | |
| n | Subvention payment at year end (S₁) | |
| o | Subvention payment tax adjustment at year end (Sₜ) | |
| p | Subvention payment tax adjustment related tax-value (SFAᵀ) | |
| q | Average Fixed Assets at year end at ODV value (SFA₁) | |
| r | System Fixed Assets at year end at book value (SFAᴮᴺᵒᵐ) | |
| s | System Fixed Assets at year beginning at ODV value (SFA₀) | |
| t | System Fixed Assets at year beginning (SFA₀) | |
| u | Average value of System Fixed Assets at ODV value (SFA) | |
| v | System Fixed Assets adjusted (SFAₐᵈⱼ) | |
| Denominator (as adjusted) | ||
| ODV = optimised deprival valuation | ||
| bv = book value |
Key:
- SFA = System Fixed Assets
- ODV = Optimised Deprival Valuation
| ROI | ROE | ROF |
|---|
Calculations:
| = (FA₀ + FA₁ + NWC₀ + NWC₁)/2 | = s + t |
| = (TE₀ + TE₁)/2 | |
| = (TD₀ + TD₁ + s)/2 | |
| = (WUC₀ + WUC₁)/2 | |
| = (GW₀ + GW₁)/2 | |
| sₜ = s | |
| = (S₀ + S₁ + s + d)/2 | |
| = (SFA₀ + SFA₁)/2 |
| | 14,172 | N/A |
| a | 2,658 | 4,638 |
| b | 0 | add |
| c | 2,000 | add |
| d | 2,260 | deduct |
| e | 6,260 | add |
| f | 3,094 | deduct |
| g | 1,045 | N/A |
| h | 680 | N/A |
| i | 2,636 | add |
| j | N/A | N/A |
| k | N/A | N/A |
| l | N/A | = a + g + s - p + t - b |
| m | 7,105 | 8,119 |
| n | 1,525 | 19,238 |
| o | No entry | 191,158 (3.833) |
| p | (3,770) | 198,653 (3.833) |
| q | No entry | add |
| r | No entry | add by 2 |
| s | 81,476 | divide by 2 |
| t | 81,233 | 71,470 |
| u | No entry | N/A |
| v | 1,768 | N/A |
| | 3,967 | 1,768 (979) |
| | | 191,104 |
| | | N/A |
| | | N/A |
| | | divide by 2 |
| | | N/A |
| | | 71,223 |
| | | 196,882 |
| | | 193,975 |
| | | 141,151 |
| | | 150,280 |
| | | 147,216 |
| | | 39,863 | EBIT³ᵒᵖ / ATFE³ᵒᵖ × (100)¹ = 14.71% end of the financial year
| | | 27,689% subscrip. t¹ = beginning of the financial year
Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2000, No 71
Gazette.govt.nz —
NZ Gazette 2000, No 71
✨ LLM interpretation of page content
💰
Performance Measures for Dunedin Electricity
(continued from previous page)
💰 Finance & RevenueElectricity, Performance Measures, Financial, Efficiency, Statistics