✨ 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%
Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2002, No 118
Gazette.govt.nz —
NZ Gazette 2002, No 118
✨ LLM interpretation of page content
🏭
Financial and Efficiency Measures Derivation Form
(continued from previous page)
🏭 Trade, Customs & IndustryFinancial statements, Operating surplus, Interest, Amortisation, Depreciation, Tax adjustment, Income tax