New Zealand Gazette – 2000 – No. 97

Page 2435

✨ Financial Performance Measures



21 AUGUST

NEW ZEALAND GAZETTE

2435

FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS

SCHEDULE 1 - PART 7

Derivation Table

Input and Calculations Symbol in Term ROF ROE ROI
Term
1 a 9.486 9.373 9.276
2 b 0 3.597
3 c 3.597 3.597
4 d 0 2.008
5 e 2.008 0
6 f 0 0
7 g 1.147 2.393 1.147
8 s 0
9 s' 0
10 l 3.899 3.975
add add add
add
deduct
OSBIT minus (S'T) 9.373
NSAT = n + g + s - s' + d 3.597
OSBIT^(T0) = a + g + r + s + d - ... 83.140 86.132
NSAT^(T0) = n + g + s - s' + d 68.132
OWC^FA k 48.137
(for regulation 33 time-weighted average)
MUC^A e 46.137
(for regulation 33 time-weighted average)

Definitions:

a Operating surplus before interest and income tax from financial statements adjusted pursuant to regulation 18 (OSBIT).

b Net surplus after tax adjusted pursuant to regulation 18 (NSAT).

c Amortisation of goodwill and amortisation of other intangibles.

d Subvention payment.

e Depreciation of SFA at ODV (x).

f Depletion.

g ODV depreciation adjustment.

h Subvention tax shield.

l Interest tax.

n Revenues.

OSBIT = Operating surplus before interest and income tax.

NSAT = Net surplus after tax.

FA Fixed assets at end of previous financial year.

A(NWC_t) Adjusted net working capital at end of current financial year.

TE Total equity at end of current financial year.

ANWC Average net working capital employed.

MUC Works under construction.



Next Page →



Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2000, No 97


Gazette.govt.nz — PDF NZ Gazette 2000, No 97




✨ LLM interpretation of page content

🏭 Financial Statements for Horizon Energy Distribution Limited (continued from previous page)

🏭 Trade, Customs & Industry
27 July 2000
Electricity, Financial Statements, Audit, Accounting Policies, Disclosure