New Zealand Gazette – 2001 – No. 106

Page 2725

✨ Financial Performance Measures



29 AUGUST
NEW ZEALAND GAZETTE
2725

DERIVATION TABLE

Financial Performance Measure INPUT AND CALCULATIONS SYMBOL IN FORMULA ROF ROE ROI
Intangible assets at end of previous financial year (IA₀) 0 0
Intangible assets at end of current financial year (IA₁) 0 m add 0
Average total intangible asset (or regulation 33 time-weighted average)
Subvention payment at end of previous financial year (S₀) 70,663
Subvention payment at end of current financial year (S₁) 72,366
Subvention payment tax adjustment at end of previous financial year 23,319
Subvention payment tax adjustment at end of current financial year 47,915 v add 47,915
Average subvention payment and related tax adjustment
System fixed assets at end of previous financial year at BV (SFA₀ᵥ) 176,870,312
System fixed assets at end of current financial year at BV (SFA₁ᵥ) 109,198,404 f deduct 109,198,404 deduct
Average value of system fixed assets at BV (or regulation 33 time-weighted average)
System Fixed assets at year beginning at ODV value (SFA₀ₒ) 143,940,981
System Fixed assets at end of current financial year at ODV value (SFA₁ₒ) 172,263,765 h add 158,102,373 add
Average value of system fixed assets at ODV value (or regulation 33 time-weighted average)
Denominator 157,467,531 142,046,491
Ave TE₀ᵥ = c-e-f+h Ave TE₁ᵥ = k-e-m+v-f+h ATFF₀ᵥ = c-e-½f+½h
ROF=OEBIT₀ᵥ/Ave TE₀ᵥ × 100 ROE=NSAT₀ᵥ/Ave TE₀ᵥ × 100 ROI=OSBIT₀ᵥ/ATFF₀ᵥ × 100
3.90 2.74 24.61

Financial Performance Measure

i = maximum statutory income tax rate applying to corporate entities
subscript '0' = end of the previous financial year
subscript '1' = end of the current financial year
BV = book value
ODV = optimised deprivial valuation
ROF = return on funds
ROE = return on equity
ROI = return on investment



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2001, No 106


Gazette.govt.nz — PDF NZ Gazette 2001, No 106




✨ LLM interpretation of page content

🏭 Financial and Efficiency Performance Measures for The Power Company Limited Line Business (continued from previous page)

🏭 Trade, Customs & Industry
Electricity, Financial Measures, Return on Funds, Return on Equity, Return on Investment, Efficiency Performance Measures, Direct Line Costs, Indirect Line Costs