Financial Performance Measures Table




22 AUGUST

NEW ZEALAND GAZETTE

2487

DERIVATION TABLE

Financial Performance Measure INPUT AND CALCULATIONS SYMBOL IN FORMULA ROF ROE ROI
Intangible assets at end of previous financial year (IA₀) 0 0
Intangible assets at end of current financial year (IA₁) 0 0
Average total intangible asset 0 m add 0
Subvention payment at end of previous financial year (S₀)
Subvention payment at end of current financial year (S₁)
Subvention payment tax adjustment at end of previous financial year 0
Subvention payment tax adjustment at end of current financial year 0
System fixed assets at end of previous financial year at BV (SF A₀BV) 12,333,295
System fixed assets at end of current financial year at BV (SF A₁BV) 12,401,492
Average value of system fixed assets at BV 12,367,394 f deduct 12,367,394 deduct
System Fixed assets at year beginning at ODY value (SF A₀ODY) 55,382,000
System Fixed assets at end of current financial year at ODY value (SF A₁ODY) 56,245,774
Average value of System fixed assets at ODY value 55,813,887 h add 55,813,887 add
Denominator 56,484,778 59,690,798
ATFE ADJ = c-c+h ATFE ADJ = c-e+½f+h
(or regulation 33 time-weighted average) (or regulation 33 time-weighted average)
ROF=OSBIT ADJ/ATFE ADJ × 100 Ave TE ADJ = k-c+½f+h Ave TE ADJ = k-c+½f+h
4.49 3.98
ROE=NSAT ADJ/ATFE ADJ × 100 ROI=OSBIT ADJ/ATFE ADJ × 100
55,813,887 55,376,778
7.82
  • t = maximum statutory income tax rate applying to corporate entities
  • subscript ‘0’ = end of the previous financial year
  • subscript ‘1’ = end of the current financial year
  • BV = book value
  • odv = optimised deprival valuation
  • ROF = return on funds
  • ROE = return on equity
  • ROI = return on investment


Next Page →



Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2001, No 96


Gazette.govt.nz PDF NZ Gazette 2001, No 96





✨ LLM interpretation of page content

💰 Otago Power Limited Line Business Financial and Efficiency Performance Measures (continued from previous page)

💰 Finance & Revenue
Financial Measures, Efficiency Performance, Return on Funds, Return on Equity, Return on Investment, Direct Line Costs, Indirect Line Costs, Electricity