✨ Financial Performance Measures
DERIVATION OF FINANCIAL PERFORMANCE MEASURES
Schedule 1 – Part 7 Form for the derivation of financial statements
Calc ($000) | Input and Symbol | Formula
Derivation Table
| Operating surplus before interest and income tax from financial statements. Opening surplus, before int. and income tax adj pursuant to reg 18 (OSBIFT) | Interest on cash, bank balances, and short-term investments (ISTI) | Net surplus after tax from financial statements (NSA) | Net surplus after tax adjusted pursuant to regulation 18 (NSA1). Amortisation of goodwill and amortisation of other intangibles | Subvention payment (SVPA) | Depreciation of SFA at BV (x2). OGV depreciation adjustment | Subvention payment tax adjustment | Interest tax shield | Income tax | Numerator |
|---|---|---|---|---|---|---|---|---|---|
| 170,362 | 170,362 | 170,000 | add | 170,000 | |||||
| 79,450 | 79,450 | add | add | 13,476 | |||||
| 13,476 | 13,476 | add | 4,706 | ||||||
| 4,706 | add | 10,354 | |||||||
| 37,658 | add | deduct | 21,056 | ||||||
| 20,354 | deduct | 8,457 | |||||||
| 8,457 | deduct | 26,712 | |||||||
| 26,712 | deduct^(a) | 4,418 | |||||||
| 4,418 | NSA^(b) = h + g + s^1 | 82,861 | |||||||
| OSBIFT^(c) = (a + b + c + d + e + f) * 100 / (OSBIFt-1) | 134,089 | ||||||||
ROI
| | 1.059,057 | Fixed assets at end of previous financial year (FA_t) |
| | (5,414) | Adjusted net working capital at end of previous financial year (ANWC_t) |
| | 1,075,326 | Adjusted total funds employed at end of previous financial year (ATFE_t) |
| | 592,531 | Total equity at end of previous financial year (TE_t) |
| | 572,043 | Total debt at end of previous financial year (TD_t) |
| | 30,244 | WUC at end of previous financial year (WUC_t) |
| | 28,252 | Average total equity – Reg. 33 time-weighted average |
| | 29,252 | WUC at end of current financial year under construction |
| | 8,428 | Average total debt for Reg. 33 time-weighted average |
| | 4,229 | Revolutions |
| | 520,402 | Half of revenues |
| | 513,915 | Intangible assets at end of previous financial year (IA_t) |
| | 3,600 | Subvention payment at end of previous financial year (S_t) |
| | 4,706 | Subvention payment tax adjustment at end of previous financial year (S_a) |
| | 7,920 | Subvention payment tax adjustment related tax value (S_t_a) |
| | (4,984) | |
| | 10,354 | |
| | 1,037,300 | System fixed assets at end of previous financial year at book value (SFA_t) |
| | 1,021,151 | System fixed assets at beginning of current financial year (SFA_t-1) |
| | 1,037,091 | System Fixed assets at end of current financial year at ODV value (SFA_t ODV) |
| | 1,021,151 | System Fixed assets at beginning of current financial year (SFA_t-1 ODV) |
| | 23,892 | Average value of system fixed assets at ODV value (Reg. 33 time-weighted avg.) |
| | | ROF |
| | | ROE |
| | 1,021,151 | |
| | 1,041,845 | add |
| | 1,046,074 | ROF = c - e m / ATFE_t-1 x 100 |
| | 1.79% | OSBIFT^(d) = ATFE_t / ATFE_t-1 x 100 |
| | 12.87% | ROI = a 100 / h
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2001, No 104
Gazette.govt.nz —
NZ Gazette 2001, No 104
✨ LLM interpretation of page content
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Financial Performance Measures for Line Costs and Consumer Costs
(continued from previous page)
🏭 Trade, Customs & IndustryFinancial Performance, Operating Surplus, Interest, Tax Adjustments, Subvention Payments, Depreciation, ROI, ROE