✨ Financial Performance Measure
NEW ZEALAND GAZETTE
No. 73
Financial Performance Measure:
| (or regulation 33 time-weighted average) | odv = optimised deprival valuation | |
|---|---|---|
| Revaluations | -16,729,667 | ROF = return on funds |
| Half of: | -8,364,833 | |
| Intangible assets at end of previous financial year (I₀) | (a) | ROI = return on investment |
| Intangible assets at end of current financial year (I₁) | 0 | |
| add | ||
| Subvention payment at end of previous financial year (S₀) | 70,274,872 | |
| Subvention payment at end of current financial year (S₁) | 70,601,405 | |
| add | ||
| Average value of System Fixed Assets at book value (SFA₀₋ᵥ) | 70,601,405 | |
| System Fixed Assets at year beginning of ODV value (SFA₀) | (or regulation 33 time-weighted average) | Ave TEⁿ⁰ = Average Total Economic Return (TE)ⁿ⁰ |
| System Fixed Assets at end of current financial year at ODV value (SFA₁) | 78,702,925 | ATFEⁿ⁰ = a - b + v - i + h |
| deduct |
| | o |
| | g |
| | r |
| | r1/2 |
| | m |
| | v |
| | f |
| | n |
| | 0 |
| | deduct |
| | deduct |
| | 0 |
| | add |
| | 0 |
| | deduct |
| | |
| Average Total Intangible Asset: | -8,364,833 |
| | 70,274,872 |
| | 70,601,405 |
| | 56,220,392 |
| | 78,702,925 |
| | 81,451,830 |
| | 88,868,201 |
| Denominator: | ATFEⁿ⁰ = a - b + v - i + h | 89,826,763
| | = 0 - 8.364 + 17.23 - 0 + 1.79
| ROF | 7.90 | ROE = return on equity
| | | ave = average
| | |
| ROI = OSB¹ / ATFEⁿ⁰ x 100 |
| ROI | 5.23 | odv = optimised deprival valuation
t = maximum statutory income tax rate applying to corporate entities
end of the previous financial year
subject to¹ = end of the current financial year
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2001, No 73
Gazette.govt.nz —
NZ Gazette 2001, No 73
✨ LLM interpretation of page content
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