β¨ Financial Performance Measures
30 NOVEMBER
NEW ZEALAND GAZETTE
3997
TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS
STATEMENT OF PERFORMANCE MEASURES
FOR THE YEAR ENDED 30 JUNE 2001
| LINES BUSINESS 2001 | LINES BUSINESS 2000 | LINES BUSINESS 1999 | GROUP 1998 | GROUP 1997 | GROUP 1996 | |
|---|---|---|---|---|---|---|
| Financial Measures | ||||||
| Return on Equity | 8.3% | 11.8% | 13.4% | -30.0% | 6.9% | 7.4% |
| Return on Funds | 8.4% | 10.7% | 11.2% | -7.9% | 8.1% | 8.9% |
| Return on Investment | 3.2% | 10.1% | 7.3% | -11.3% | 5.3% | 7.2% |
Efficiency Measures
Direct line costs per kilometre, which shall be calculated in accordance with the following formula:
$$
rac{a}{b}
$$
a is direct expenditure (in dollars); and
b is system length (in kilometres);
| LINES BUSINESS 2001 | LINES BUSINESS 2000 | LINES BUSINESS 1999 | GROUP 1998 | GROUP 1997 | GROUP 1996 | |
|---|---|---|---|---|---|---|
| 101,514,000 | 89,839,000 | 85,489,584 | 120,954,000 | 122,388,000 | 114,444,000 | |
| 17,471 | 17,502 | 17,640 | 17,640 | 17,693 | 17,739 | |
| Direct line costs | $5,810 | $5,121 | $4,852 | $6,857 | $6,917 | $6,564 |
From the year ended 30 June 1999, the Electricity (Information Disclosure) Regulations 1999 required that only the lines portion of the business was disclosured. The Regulations did not require comparatives to be restated and as such have not been.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2001, No 163
Gazette.govt.nz —
NZ Gazette 2001, No 163
β¨ LLM interpretation of page content
π
Transpower New Zealand Limited Lines Business Financial Position
(continued from previous page)
π Trade, Customs & IndustryFinancial Statements, Transfer Payments, Operating Expenditure, Assets, Equity