✨ Financial Performance Measures
NEW ZEALAND GAZETTE
No. 100
NETWORK WAITAKI LIMITED LINES - YEAR ENDED 31 MARCH 2003
FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS
Input and Calculations
| Derivation Table | Smoothed |
|---|---|
| 520,813 | a |
| 38,025,059 | g |
| 152,340 | |
| 388,473 | |
| 315,392 | |
| 2,155,381 | 5 |
| 2,159,491 | b |
| 836,604 | 0 |
Operating surplus before interest and income tax from financial statements
- Interest on cash, bank balances, and short-term investments (S1)
- OSBIT minus IST
Mid equation steps for adjusted performance regulation (ROFAT)
- Accumulation of goodwill and amortisation of other intangibles
- Provision for doubtful debts
- Subvention payment
- Depreciation of SFA at DV (2)
- Biodiversity covenant adjustment
- QDV depreciation tax requirement
- Revenue from embedded derivatives
- Income tax
Financial Performance Measure
| Numerator | ROF | ROE |
|---|---|---|
| Earnings before interest, tax, depreciation and amortisation (EBITDA) | ||
| Food assortment at end of previous financial year (FAx) | ||
| Adjusted net working capital at end of previous financial year (ANWC) | 3-15,782 | |
| Average total funds employed at end of current financial year (TEa) | ||
| Total equity at end of previous financial year (TE) | 45,204,824 | |
| Average equity | ||
| WUC at end of previous financial year (WUCx) | ||
| Value of current financial year (VUCx) | ||
| NPV of reinvestments | 185,651 | |
| Intangible assets at end of previous financial year (IAx) | ||
| Average total intangible asset | ||
| Subvention payment at end of current financial year (S) | ||
| Subvention payment tax adjustment at end of previous financial year | ||
| Valuation of system fixed assets at end of current financial year (SF) | 38,174,744 | |
| System fixed assets at year beginning at book value (SFx) | 37,124,272 | |
| System fixed assets at end of previous financial year at book value | 35,123,012 | 38,055,379 |
| System fixed assets at end of current financial year at ODV value | 38,890,663 | |
| Average value of system fixed assets at ODV value | 37,578,041 |
| Denominator | | |
| ROF = optimum derivational valuation | 0.049% | |
| OSBIT = opening system book value | | |
| ROE = average | | -0.75% |
| ROT = optimum derivational investment | | |
| OSBL = return on equity | | |
| ROI = average of the previous financial year | | -1.80% |
| ROF | ROE | |
|---|---|---|
| 152,340 | ||
| add | and | |
| 0 | ||
| 0 | ||
| -315,782 | ||
| 0 | ||
| 0 | ||
| deduct | deduct | |
| deduct | 152,340 | |
| 3-15,782 | ||
| and | ||
| 0 | ||
| and | ||
| 38,203,305 | ||
| deduct | 45,621,824 | |
| 35,123,012 | ||
| add | 38,123,012 | |
| add | 38,861,379 | |
| 42,262,581 |
| | OSBIT^MOD| = c + d - e - f + g + h - i + j + k |
| | 152,340 | |
| | ATEE^MOD = a - b - c ± d ± e - f ± g |
| | 39,423,923|
| | ATEE^MOD = OSBIT^MOD + ATFE^MOD ± (L) |
| | 166,652 |
| | ATEE |
| | |
| | ROE% | average of previous financial year |
Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 100
Gazette.govt.nz —
NZ Gazette 2003, No 100
✨ LLM interpretation of page content
🏭
Network Statistics for Network Waitaki Limited's Lines Business
(continued from previous page)
🏭 Trade, Customs & IndustryElectricity, Network Statistics, Financial Performance, ROI, ROE, Performance Measures