✨ Financial Performance Measures
NEW ZEALAND GAZETTE
No. 99
Regulation 15
Disclosure by line owners of financial and efficiency performance measures
- Financial performance measures
| 2000 | 1999 | 1998 | 1997 | |
|---|---|---|---|---|
| (a) Accounting return on total assets | 11.35% | 10.64% | 12.22% | 10.13% |
| (b) Accounting return on equity | 8.04% | -0.95% | 6.62% | 6.45% |
| (c) Accounting rate of profit | 1.54% | 6.82% | 9.51% | 35.25% |
- Efficiency performance measures
| 2000 | 1999 | 1998 | 1997 | |
|---|---|---|---|---|
| (a) Direct line costs per km | 1,086 | 2,565 | 2,328 | 4,207 |
| (b) Indirect line costs per customer* | 108 | 160 | 202 | 163 |
- Due to one-off costs associated with restructuring in 1999, the actual indirect costs were higher. If the costs associated with restructuring were included, the indirect cost per customer in 1999 would have been $181.
Note that the direct line cost per km in 2000 has been affected by the inclusion of services within the calculation of system length. Refer to Orion’s Regulation 17 Disclosures for additional information.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2000, No 99
Gazette.govt.nz —
NZ Gazette 2000, No 99
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Notes to the Financial Statements
(continued from previous page)
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