✨ Financial Performance Measures




NEW ZEALAND GAZETTE

No. 83

1990

WAIPA NETWORKS LIMITED - LINES BUSINESS

SCHEDULE 1 - PART 7

FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS

Financial Performance Measure Symbol in formula Formula Input and Calculations (or regulation 33 time-weighted average) Derivation Table ROE / ROF
g r Half of revaluations
A Intangible assets at end of previous financial year (A_p)
J Average total intangible asset
O Subvention payment at end of previous financial year
D Subvention payment tax adjustment at end of previous financial year
d Subvention payment at end of current financial year
Ξ΄ Subvention payment tax adjustment & related tax adjustment at end of current financial year
V System fixed assets at end of previous financial year at book value (SFA_pw) 43,751,594
F System fixed assets at end of current financial year at book value (SFA_ew) 48,749,912
f Average value of system fixed assets at book value 43,749,253 deduct
e System Fixed assets at year beginning at ODV value (SFA_podv) 42,292,212
h System Fixed assets at end of current financial year at ODV value (SFA_eodv) 49,919,522 add
Average value of system fixed assets at ODV value 43,104,867
ATFE^(O) 45,145,815 add
41,298,328 Ave TE^O
ROI (k-e) Γ· (c + v - f + h)
4.58
ROE 7.47
45,749,253 deduct
ROF C = SSBMT^(AT) / ATFE^(AT) x 100
TROF = (NSAT^(AT) / ATFE^(AT)) x 100

Explanations

  • ROI (Return on Investment): Optimised deprival valuation at end of the previous financial year.
  • ROE (Return on Equity): Book value.
  • ROF (Return on Funds): Average to return on investment.

Definitions:

  • t = maximum statutory income tax rate applying to corporate entities (subsection (1)).
  • TROF = return on investment.


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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2000, No 83


Gazette.govt.nz PDF NZ Gazette 2000, No 83





✨ LLM interpretation of page content

🏭 Financial Statements for Waipa Networks Limited (continued from previous page)

🏭 Trade, Customs & Industry
31 March 2000
Financial Statements, Balance Sheet, Assets, Liabilities, Waipa Networks Limited, Statistics, System Length, Transformer Capacity, Maximum Demand, Electricity Supply, Customers, Financial Performance Measures, Return on Investment, Return on Equity, Return on Funds