Financial Performance Measures




5 SEPTEMBER

NEW ZEALAND GAZETTE

3029

WESTPOWER LIMITED - LINES BUSINESS

SCHEDULE 1 - PART 7

FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS

Derivation Table Input and Calculations Symbol in formula ROE ROI
Operating surplus before interest and income tax from financial statements 4,240 2,301 4,160
Operating surplus before interest and income tax adjusted pursuant to regulation 18 (OSBIT) 4,240 add add
Interest on cash, bank balances, and short-term investments (ISITI) 80 add add
OSBIT minus ISITI 4,160
Net surplus after tax from financial statements (NSAT) 2,301 n
Net surplus after tax adjusted pursuant to regulation 18
Amortisation of goodwill and amortisation of other intangibles 1,583 g add add
Subvention payment s add add
Depreciation of SFA at BV (x) 274 d
ODV repreciation adjustment (3,023) q deduct
Subvention payment tax adjustment 1,026 r deduct
Interest tax shield p
Revaluations (274)
Income tax (3,023)
Numerator 49,051 c 2,301 (1,026)
Fixed assets at end of previous year (FA₀) 50,383 (165)
Fixed assets at end of current financial year (FA₁) 48,533
Adjusted net working capital at end of previous financial year (ANWC₀) (753)
Adjusted net working capital at end of current financial year (ANWC₁) (46)
Average total funds employed (ATFE) 49,051 49,051


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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2001, No 117


Gazette.govt.nz PDF NZ Gazette 2001, No 117





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