✨ Financial Performance Measures
10 AUGUST
NEW ZEALAND GAZETTE
2215
FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS
| Derivation Table | Input and Calculations | Symbol in formula | ROF | ROE | ROI |
|---|---|---|---|---|---|
| Revaluations | 13,990,000 | r | |||
| Half of revaluations | 6,990,000 | r/2 | deduct 6,990,000 | ||
| Intangible assets at end of previous financial year (IA₀) | 0 | ||||
| Intangible assets at end of current financial year (IA₁) | 0 | ||||
| Average total intangible asset | 0 | ||||
| Subvention payment at end of previous financial year (S₀) | 0 | ||||
| Subvention payment at end of current financial year (S₁) | 0 | ||||
| Subvention payment tax adjustment at end of previous financial year | 0 | ||||
| Subvention payment tax adjustment at end of current financial year | 0 | ||||
| Average subvention payment & related tax adjustment | 0 | ||||
| System fixed assets at end of previous financial year at book value (SFAbt-1) | 101,434,000 | v | |||
| System fixed assets at end of current financial year at book value (SFAbt) | 116,951,000 | ||||
| Average value of system fixed assets at book value (or regulation 33 time-weighted average) | 108,892,500 | deduct | deduct 108,892,500 | ||
| System Fixed assets at year beginning at ODV value (SFAODV0) | 101,434,000 | f | |||
| System Fixed assets at end of current financial year at ODV value (SFAODVt) | 109,891,000 | ||||
| Average value of system fixed assets at ODV value (or regulation 33 time-weighted average) | 108,891,000 | add | add 108,891,000 | add 108,891,000 | |
| Denominator | ATFEODV = c - e - f + h | Ave TEADJ = k - e - m + v - f + h | ATFEADJ = c - e - f + h | ||
| 118,719,600 | 121,912,500 | 111,739,500 | |||
| Financial Performance Measure: | ROF = OSBITODV/ATFEODV × 100 | ROE = NSAADJ/ATEADJ × 100 | ROI = OSBITADJ/ATFEADJ × 100 | ||
| 2.83 | 2.18 | 14.62 |
Notes:
i = maximum statutory income tax rate applying to corporate entities
subscript 't' = end of the current financial year
subscript 't-1' = end of the previous financial year
bv = book value
avg = average
ODV = optimised deprival valuation
ROF = return on funds
ROE = return on equity
ROI = return on investment
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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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