New Zealand Gazette – 2002 – No. 91

Page 2484

✨ Financial Performance Measures



2484

NEW ZEALAND GAZETTE

No. 91

SCHEDULE 1 – PART 7

FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS

DERIVATION TABLE INPUT AND CALCULATIONS SYMBOL IN FORMULA ROF ROE ROI
Operating surplus before interest and income tax from financial statements 4,918,169 a
Operating surplus before interest and income tax adjusted pursuant to regulation 18 (OSBIT) 4,918,169 4,816,253
OSBIT minus ISTI 4,816,253 n 3,194,567
Net surplus after tax from financial statements 3,194,567
Net surplus after tax adjusted pursuant to Regulation 18 (NSAT) 3,194,567 0 0 0
Amortisation of goodwill and amortisation of other intangibles 114,220 s add add add
Subvention payment 1,372,106 114,220 114,220
Depreciation of SFA at BV (x) - d add 0 0
Depreciation of SFA at ODV (y) 37,693 s*y 37,693
ODV depreciation adjustment -30,395 deduct 37,693 -30,395
Subvention payment tax adjustment -216,369 r -216,369
Interest tax shield 1,713,791 add 1,713,791
Revaluations 2,993,015
Income tax OSBIT^ADJ = a+g+q+r+s+d-p-s*t
Numerator 4,930,473 P *NSAT^ADJ = n+g+st+d** 3,271,094
Fixed assets at end of previous financial year (FA₀) 37,913,706
Fixed assets at end of current financial year (FA₁) 38,290,162
Adjusted net working capital at end of previous financial year (ANWC₀) -842,714
Adjusted net working capital at end of current financial year (ANWC₁) -557,421
Average total funds employed (ATFE) 37,401,867 c 37,401,867
(or regulation 33 time-weighted average) 37,273,521
Total equity at end of previous financial year (TE₀) 40,367,937 k 38,821,729
Total equity at end of current financial year (TE₁) 38,821,729
Average total equity 1,056,805
WUC at end of previous financial year (WUC₀) 928,629
WUC at end of current financial year (WUC₁) 992,717 e deduct 992,717 992,717
Average total works under construction
(or regulation 33 time-weighted average)
Revaluations -216,369 r
Half of revaluations -108,185 r/2 -108,185


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2002, No 91


Gazette.govt.nz — PDF NZ Gazette 2002, No 91




✨ LLM interpretation of page content

🏗️ Financial and Efficiency Performance Measures for Electricity Invercargill Limited Line Business (continued from previous page)

🏗️ Infrastructure & Public Works
Electricity, Financial Measures, Efficiency Performance, Return on Investment, Line Costs, Invercargill