New Zealand Gazette – 2001 – No. 99

Page 2593

✨ Financial Performance Measures



SCHEDULE 7 - PART 7

FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS

Symbol Formula (r) Derivation Table Input and Calculations
ROI (o2) Revelations
  • Half of revaluations
  • Intangible assets at end of previous financial year (IA₀)
  • Intangible assets at end of current financial year (IA₁)
  • Average intangible asset (regulation 33 time-weighted averages) | -159.392
    | | | (m)
  • 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 current financial year
  • Subvention payment and related tax adjustment (regulation SFA₀ₛ₁) | -99.191|
    | ROE | | (v)
  • Average value of system fixed assets at book value (SPAᵥ)
  • System fixed assets at end of current financial year at book value (SPA₁) | 12,844,839
    | ROF | | (f)
  • Average value of system fixed assets at ODV value (SFPAₒᵥ)
  • System fixed assets at year beginning at ODV value (SFPA₀)
  • System fixed assets at end of current financial year at ODV value (SFPA₁) (regulation 23 time-weighted averages) | 13,032,105

| ROI | add |
| | deduct |
| ROE | add |
| | add |
| | deduct | 13,032,105

| | | (h)

  • Average value of system fixed assets at ODV value (regulation 23 time-weighted average) | 13,032,105

Financial Performance Measure:

Denominator:

  • ATFE^(S₂) = c - e - f + g - h
  • ATFE^(S₂) = 13,334,497

ROI:

  • ROI = OSBIT^(20)/ATFE^(S₂) x 100
  • ROI = 5.1% (return on investment)

ROE:

  • ROE = NSAT^(20)/ATE^(S₂) x 100
  • ROE = 6.8% (return on equity)

ROF:

  • ROF = OSBIT^(20)/ATFE^(S₂) x 100
  • ROF = 9.20 (optimised deprival valuation return on funds)

Notes:

  • l.s. maximum statutory income tax rate applying to corporate entities subject “T” = end of the previous financial year
  • bv = book value
  • av = average
  • ROI = return on investment
  • ROE = return on equity


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2001, No 99


Gazette.govt.nz — PDF NZ Gazette 2001, No 99




✨ LLM interpretation of page content

🏭 Financial Performance Measures Derivation Table (continued from previous page)

🏭 Trade, Customs & Industry
Financial Performance, ROF, ROE, ROI, Operating Surplus, Net Surplus, Depreciation, Revaluations, Income Tax