✨ Financial Performance Measures
SCHEDULE 1 - PART 7
FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS
| Derivation Table | Symbol In formula | Input and Calculations |
|---|---|---|
| Operating surplus before interest and income tax from financial statements | a | 3,578,000 |
| Operating surplus before interest and income tax adjusted pursuant to regulation 18 (OSBIIT) | 3,678,000 | |
| Interest on cash, bank balances, and short-term investments | 3,362,000 | |
| OSBIIT minus ISTI | b | 3,362,000 |
| Net surplus after tax from financial statements | 2,854,000 | |
| Amortisation of goodwill and amortisation of other intangibles | d | 0 |
| Subvention payment | e | 0 |
| Depreciation of SFA at BV (i) | f | 4,020,000 |
| ODV depreciation adjustment | g | 4,020,000 |
| Subvention payment tax shield | h | 0 |
| Interest tax shield | i | 20,000 |
| Revaluations | s | 13,969,000 |
| Income tax | t | 984,000 |
| Numerator | ||
| Fixed assets at end of previous financial year (FA0) | 110,956,000 | |
| Adjusted net working capital at end of previous financial year (ANWC0) | 126,391,000 | |
| Adjusted total funds employed (ATFE) | C | 1,162,000 (or regulation 33 time-weighted average) |
| Average | ||
| Total equity at end of previous financial year (TE0) | 114,870,000 | |
| Total equity at end of current financial year (WUC1) | 131,484,000 (or regulation 33 time-weighted average) | |
| WUC at end of previous financial year (WUC0) | 122,177,000 | |
| WUC at end of current financial year (WUC1) | 710,000 (or regulation 33 time-weighted average) | |
| Average total works under construction | e | 1,815,000 |
Financial Performance Measures:
| ROI |
|---|
| ROE |
|---|
| HOF |
|---|
-
ROI Calculation:
OSBIIT^(20) = b + g + q + d - s + t + i = 6,338,000 -
ROE Calculation:
NSAT^(20) = n + g + s - t - i = 2,884,000 -
HOF Calculation:
OSBIIT^(20) = a + g + q + d = 7,389,000
| Financial Performance Formula |
|---|
| ROI |
| ROE |
| HOF |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2001, No 85
Gazette.govt.nz —
NZ Gazette 2001, No 85
✨ LLM interpretation of page content
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Hawke's Bay Network Limited Financial Statements Disclosure
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