New Zealand Gazette – 2000 – No. 97

Page 2436

✨ Financial Performance Measures



2436 NEW ZEALAND GAZETTE No. 97

SCHEDULE 1 - PART 7
FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS

Derivation Table Input and Calculations Symbol in formula ROF ROE ROI
Revaluations 388 r
Half of revaluations 194 r/2 deduct 194
Intangible assets at end of previous financial year (IA₀) 0
Intangible assets at end of current financial year (IA₁) 0
Average total intangible asset 0 m add 0
(or regulation 33 time-weighted average)
Subvention payment at end of previous financial year (S₀) 0
Subvention payment at end of current financial year (S₁) 0
Subvention payment tax adjustment at end of previous financial year 0
Subvention payment tax adjustment at end of current financial year 0
Average subvention payment & related tax adjustment value (SFA-bv₀) 0 v add 0
System fixed assets at end of previous financial year at book value (SFA-bv₀) 64,473
System fixed assets at end of current financial year at book value (SFA-bv₁) 65,564
Average value of system fixed assets at book value 65,018 f deduct 65,018 deduct
(or regulation 33 time-weighted average)
System Fixed assets at year beginning at ODV value 64,473
System Fixed assets at end of current financial year at ODV value (SFA-odv₁) 65,564
Average value of system fixed assets at ODV value 65,018 h add 65,018 add
(or regulation 33 time-weighted average)
Denominator 68,132 46,137 67,938
ATFE^ADJ = c - e - f + h Ave TE^ADJ = k - e - m + v - f + h ATFE^ADJ = c - e - ½r - f + h
Financial Performance Measure: 13.8 7.8 9.3
ROF = OSBIIT^ADJ/ATFE^ADJ x 100 ROE = NSAT^ADJ/ATE^ADJ x 100 ROI = OSBIIT^ADJ/ATFE^ADJ x 100

t = maximum statutory income tax rate applying to corporate entities
subscript '1' = end of the current financial year
bv = book value
ROF = return on funds
ave = average
ROE = return on equity
odv = optimised deprival valuation
ROI = return on investment
subscript '0' = end of the previous financial year



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