New Zealand Gazette – 2000 – No. 87

Page 2129

✨ Financial Performance Measures

NEW ZEALAND GAZETTE

7 AUGUST

SCHEDULE 1 - PART 7

FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS

Derivation Table	Input and Calculations	Symbol in formula	ROE
Revolations:
Head of regulations
Intangible assets at end of previous financial year (A_t-1)	for regulation 33 time-weighted average	a
Average total intangible asset (S_a)		b
Subvention payment at end of previous financial year (S_t-1)		c
Subvention payment at end of current financial year (S_t)		d
Subvention payment tax adjustment at end of previous financial year		e
Subvention payment tax adjustment at end of current financial year		f
Average subvention payment & related tax adjustment	for regulation 33 time-weighted average	g
System fixed assets at end of previous financial year at book value (SFAt-1)		h
System fixed assets at end of current financial year at book value (SFAt)		i
Average value of system fixed assets at book value	(of regulation 33 time-weighted average)	j
System Fixed assets at year beginning at ODV value (SFA_ODVt-1)		k
System Fixed assets at end of current financial year at ODV value (SFA_ODVt)		l
Average value of system fixed assets at ODV value	(for regulation 33 time-weighted average)	m
		ROE	deduct
70.210.000			70.487.432
70.784.872
70.487.435 (of regulation 33 time-weighted average)
88.947.000	add
88.587.512
88.942.485 (for regulation 33 time-weighted average)
	add	86.952.455
		86.459.460
		90.766.801

Notes:

The maximum statutory income tax rate applying to corporate entities for the financial year to which the subscript 't' is added for the previous financial year.

ROE = return on equity
ROI = return on investment

ave = average
ODV = optimised deprival valuation
ROI = return on funds

VUW Te Waharoa — NZ Gazette 2000, No 87

Gazette.govt.nz — NZ Gazette 2000, No 87

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

🏭 Network Tasman Limited Financial Statements (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsElectricity, Financial Statements, Financial Performance Measures, Derivation Table, ROE, ROI, Intangible Assets, Subvention Payment, System Fixed Assets, ODV, Time-weighted Average

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