Financial Performance Measures




NEW ZEALAND GAZETTE

No. 118

Symbol in formula Input & calculations ROI ROE ROF
Fixed Assets at end of previous financial year (FA₀) 161,153
Fixed Assets at end of current financial year (FA₁) 165,360
c =(FA₀+FA₁+ΔNWC₀+ΔWCI)/2 Adjusted Net Working Capital at end of previous financial year (ANWC₀) 1,974 166,400
k =(TE₀+TE₁)/2 Adjusted Net Working Capital at end of current financial year (ANWC₁) 4,312
Average total equity (ATE)
Total Equity at end of previous financial year (TE₀) 158,162 161,366
Total Equity at end of current financial year (TE₁) 164,571
Works under construction at end of previous financial year (WUC₀) 419
e =(WUC₀+WUC₁)/2 Works under construction at end of current financial year (WUC₁) 1,507 963 963
Average total Works under construction
r/2 Revaluations
Half of revaluations
m =(IA₀+IA₁)/2 Intangible assets at end of previous financial year (IA₀)
Intangible assets at end of current financial year (IA₁)
Average Intangible asset
=S₀¹ Subvention payment for previous financial year
Subvention payment tax adjustment for previous financial year
v =((S₀+S₁)(1-t))/2 Subvention payment for current financial year =$0¹
Subvention payment tax adjustment for current financial year
Average subvention payment & related tax adjustment
f =(SFA₀dv) System Fixed assets at end of previous financial year at book value (SFA₀dv) 154,133 156,118
Average value of system fixed assets at book value 158,103 156,118
h =(SFA₀odv+SFA₁odv)/2 System Fixed assets at end of previous financial year at ODV value (SFA₀odv) 154,133 156,118
System Fixed assets at end of current financial year at ODV value (SFA₁odv) 165,437 165,436
Denominator (as adjusted) 156,118

Financial Performance Measure:

  • ROI = Return on funds employed
  • ROE = Return on equity
  • ROF = Return on funds

Key:
¹ subscript “0” = end of the previous financial year
² subscript “1” = end of the current financial year
³ ODV = optimised deprival valuation

  • average

15.2%
10.2%
9.7%



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2002, No 118


Gazette.govt.nz PDF NZ Gazette 2002, No 118





✨ LLM interpretation of page content

🏭 Financial and Efficiency Measures Derivation Form (continued from previous page)

🏭 Trade, Customs & Industry
Financial statements, Operating surplus, Interest, Amortisation, Depreciation, Tax adjustment, Income tax