✨ Financial Performance Measures
2 AUGUST
NEW ZEALAND GAZETTE
2485
| DERIVATION TABLE | SYMBOL IN FORMULA | INPUT AND CALCULATIONS | ROI | ROE | ROF |
|---|---|---|---|---|---|
| Intangible assets at end of previous financial year (IAₚ) | 0 | 0 | |||
| Intangible assets at end of current financial year (IAₒ) | 0 | 0 | |||
| Average total intangible asset (or regulation 33 time-weighted average) | m | 0 (regulation 33 time-weighted average) | add | ||
| Subvention payment at end of previous financial year (Sₚ) | 114,220 | 0 | |||
| Subvention payment at end of current financial year (Sₒ) | 0 | ||||
| Subvention payment tax adjustment at end of previous financial year | 37,693 | add | |||
| Subvention payment tax adjustment at end of current financial year | 38,264 | ||||
| Average subvention payment and related tax adjustment | v | 36,437.405 | |||
| System fixed assets at end of previous financial year at BV (SFAₚ) | 37,749,778 | ||||
| System fixed assets at end of current financial year at BV (SFAₒ) | 37,093,592 | ||||
| Average value of system fixed assets at BV | f | 37,093,592 (or regulation 33 time-weighted average) | deduct | ||
| System Fixed assets at year beginning at ODV value (SFAₚₒDV) | 36,437,405 | ||||
| System Fixed assets at end of current financial year at ODV value (SFAₒODV) | 37,093,592 | add | |||
| Average value of system fixed assets at ODV value | h | 37,093,592 (or regulation 33 time-weighted average) | add | ||
| Denominator | |||||
| ATFE^ADJ = c = (c + m + v + f) | 37,867,276 | ATFE^ADJ | |||
| 36,409,150 | 13.54 | ||||
| BV = book value | ave. TE | ||||
| ROF = NOSR÷ATFE^ADJ×100 | ROF = return on funds | ||||
| 8.64 | 8.20 | ||||
| ROE^AOT = c - c × fth | 36,517,334 | ||||
| ROE^AOT = NOSR÷ATE^ADJ×100 | ROI : COSTBUT^ADJ ATE^ADJ | ||||
| 8.64 | 8.100 |
ROI = optimum deprival valuation
ROE = return on equity
ROF = return on funds
Financial Performance Measure
- Maximum statutory income tax rate applying to corporate entities subject '1' to end of the previous financial year
ROI = return on investment
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2002, No 91
Gazette.govt.nz —
NZ Gazette 2002, No 91
✨ LLM interpretation of page content
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Financial and Efficiency Performance Measures for Electricity Invercargill Limited Line Business
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