New Zealand Gazette – 2001 – No. 72

Page 1717

✨ Financial Performance Measures



13 JULY

NEW ZEALAND GAZETTE

1717

SCHEDULE 1 - PART 7

FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS

Derivation Table Input and Calculations Symbol in formula ROF ROE ROI
Half of revaluations 503,728 t/2 deduct
Intangible assets at end of previous financial year (IA₁) 0 0 0
Intangible assets at end of current financial year (IA₂) 0 0 0
Average total intangible asset 0 0 0
Subvention payment at end of previous financial year (S₁)
Subvention payment at end of current financial year (S₂)
Subvention payment tax adjustment at end of current financial year
Subvention payment tax adjustment at end of previous financial year
Average subvention payment & related tax adjustment 0 0 0
System fixed assets at end of previous financial year at book value (SFAₚᵥ₁) 32,718,599
System fixed assets at end of current financial year at book value (SFAₚᵥ₂) 36,437,405
Average value of system fixed assets at book value 34,577,998 f deduct 34,577,998 deduct
System Fixed assets at year beginning at ODV value 32,718,599
System Fixed assets at end of current financial year at ODV value (SFAₒdv₂) 36,437,405
Average value of system fixed assets at ODV value 34,577,998 h add 34,577,998 add
Ave TE⁰² = c - e - f + h Ave TE⁰² = k - e - m + v - f + h
ATFE⁰² = c - e - f + h ATFE⁰² = k - e - m + v - f + h ATFE⁰² = c - e - ½g - f + h
ROF = OSBIT⁰²/ATFE⁰² x 100 ROE = NSAT⁰²/ATFE⁰² x 100 ROI = OSBIT⁰²/ATFE⁰² x 100
Financial Performance Measure: 12.03 8.16 11.02
  • t = maximum statutory income tax rate applying to corporate entities
  • bv = book value
  • odv = optimised depreval valuation
  • subscript '0' = end of the previous financial year
  • subscript '1' = end of the current financial year
  • 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 72


Gazette.govt.nz — PDF NZ Gazette 2001, No 72




✨ LLM interpretation of page content

💰 Notes to Financial Statements for Electricity Invercargill Limited (continued from previous page)

💰 Finance & Revenue
Financial Statements, Revenue, Expenditure, Current Assets, Fixed Assets, Liabilities, Equity, Intangible Assets, ODV Valuation, Electricity Conveyed, Related Party Transactions