New Zealand Gazette – 2002 – No. 121

Page 3242

✨ Financial Performance Metrics



DERIVATION TABLE

FINANCIAL PERFORMANCE MEASURE SYMBOL IN FORMULA INPUT AND CALCULATIONS
m (or regulation 33 time-weighted average)
Intangible assets at end of previous financial year (IA_t-1)
Intangible assets at end of current financial asset
Average total intangible asset
0 0 0
(regulation 35 time-weighted average)
72.360
Subvention payment at end of current financial year (S_t)
53.872
Subvention payment tax adjustment at end of previous financial year
23.881
Subvention payment tax adjustment at end of current financial year
27.678
Average subvention payment and related tax adjustment
52.340
System fixed assets at end of previous financial year at BV (SFA_t-1BV)
176,870,312
System fixed assets at end of current financial year at BV (SFA_tBV)
158,840,104
Average value of system fixed assets at BV
167,855,208
System Fixed assets at year beginning at ODV value (SFA_t-1ODV)
(or regulation 33 time-weighted average)
172,263,765
System Fixed assets at end of current financial year at ODV value (SFA_tODV)
132,422,245
Average value of system fixed assets at ODV value
162,343,005
(or regulation 35 time-weighted average)
ROI
ROE
-------------------------
ROF
Denominator
Average

| | DV = book value
| | t = end of the current financial year
| | t-1 = end of the previous financial year

| ave = average
| ROI = return on funds
| ROE = optimised deprival valuation
| ROF = return on equity

  • subscript “t” = maximum statutory income tax rate applying to corporate entities
  • subscript “t-1” = end of the previous financial year
  • ROE-NSAT^(ODV/ATE)_m x 100
    | | 0.78
    | | ATFE^(ROE)_m = (c-e-f+g+h)
    | | [73.231] .622 / (12.42)
    | | ROF-OSBIT^(ODV/ATE)_m x 100


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2002, No 121


Gazette.govt.nz — PDF NZ Gazette 2002, No 121




✨ LLM interpretation of page content

🏭 Electricity Information Disclosure for The Power Company Limited (continued from previous page)

🏭 Trade, Customs & Industry
7 August 2002
Electricity, Information Disclosure, Regulations, Financial Performance, Return on Investment, Return on Equity, Return on Funds, Efficiency Performance, Direct Line Costs, Indirect Line Costs, Industry Levies, Financial Metrics, Assets, Liabilities, Equity, Operating Revenue, Operating Expenditure