New Zealand Gazette – 2001 – No. 114

Page 2962

✨ Financial Performance Measures



FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS

Derivation Table Input and Calculations Symbol (if any) ROF ROE ROI
Operating surplus before interest and income tax from financial statements 3,322
Operating surplus before interest and income tax adjusted pursuant to regulation 18 (OSPITT) 3,322
Interest on cash, bank balances, and short-term investments (ISTI) 560
OSPITT minus ISTI 2,762 a 2,762 2,762
Net surplus after tax from financial statements 1,793
Net surplus after tax adjusted pursuant to regulation 18 (NSAT) 1,793 n 1,793
Amortisation of goodwill and amortisation of other intangibles g, s add 0 add
Subvention payment 288 add
Depreciation of SFA at BV (x)
Depreciation of SFA at ODV (y) 566
ODV depreciation adjustment (178) d add -178 add
Subvention payment tax adjustment (139) s' t deduct -139
Interest tax shield (32) q add -32
Revaluations r
Income tax 1,389 p deduct
Numerator 2,684 1,615 1,301

| Fixed assets at end of previous financial year (FAp) | 4,904 | | |
| Fixed assets at end of current financial year (FAc) | 4,054 | | |
| Adjusted net working capital at end of previous financial year (ANWCp) | (1,475) | |
| Adjusted net working capital at end of current financial year (ANWCc) | 196 | |
| Average total funds employed (ATFE) | 3,840 | c | 3,840 | | 3,840 |

| Total equity at end of previous financial year (TEp) | 5,080 | |
| Total equity at end of current financial year (TEc) | 3,323 | |
| Average total equity | 4,202 | k | | 4,202 | |

| WUC at end of previous financial year (WUCp) | 60 | |
| WUC at end of current financial year (WUCc) | 51 | |
| Average total works under construction | 56 | e | deduct | 56 | deduct | 56 | deduct | 56 |
| Revaluations | (32) | r | |
| Half of revaluations | (16) | r/2 | | deduct | -16 | |

| Intangible assets at end of previous financial year (IAp) | - | |
| Intangible assets at end of current financial year (IAc) | - | |
| Average total intangible asset | | m | | add | 0 |

| Subvention payment at end of previous financial year (Sp) | - | |
| Subvention payment at end of current financial year (Sc) | - | |
| Subvention payment tax adjustment at end of previous financial year | - | |
| Subvention payment tax adjustment at end of current financial year | - | |
| Average subvention payment & related tax adjustment | | v | | add | 0 |

| System fixed assets at end of previous financial year at book value (SFApBV) | 3,127 | | |
| System fixed assets at end of current financial year at book value (SFAcBV) | 3,188 | |
| Average value of system fixed assets at book value | 3,158 | f | deduct | 3,158 | deduct | 3,158 |

| System fixed assets at year beginning at ODV value (SFApODV) | 14,215 | |
| System fixed assets at end of current financial year at ODV value (SFAcODV) | 14,167 | |
| Average value of system fixed assets at ODV value | 14,191 | h | add | 14,191 | add | 14,191 | add | 14,191 |

Denominator |

Financial Performance Measure: |
ATFE^(ADJ) = c - e - f + h - k + m + v + h | 14,834 |

ROF = OSBIT^(ADJ) / (ATFE^(ADJ) 100) = 2,684 / (14,834 100) = 17.4

ROE = NSAT^(ADJ) / (ATE^(ADJ) 100) = 1,615 / (14,834 100) = 10.6

ROI = OSBIT^(ADJ) / (ATFE^(ADJ) 100) = 1,301 / (14,834 100) = 8.8



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2001, No 114


Gazette.govt.nz — PDF NZ Gazette 2001, No 114




✨ LLM interpretation of page content

🏭 Nelson Electricity Limited Financial Position Statement (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Operating Revenue, Operating Expenditure, Interest Expense, Income Tax, Net Surplus, Financial Performance Measures, ROF, ROE, ROI