New Zealand Gazette – 2003 – No. 102

Page 2718

✨ Financial Performance Measures



2718

NEW ZEALAND GAZETTE

No. 102

Alpine Energy Limited (Lines)

Form for the Derivation of Financial Performance Measures from Financial Statements

Numerator Symbol ROE ROI
Operating surplus before interest and income tax from financial statements 11,952,518
Operating surplus before interest and income tax adjusted pursuant to regulation 18 11,952,518
Interest on cash, bank balances, and short-term investments (ST) 555,291
OSBIT minus IST a 11,407,227 11,407,227 1,407,227
Net surplus after tax from financial statements 8,439,232
Net surplus after tax adjusted pursuant to regulation 18 (NSAT) 8,439,232 8,439,232
Amortisation of goodwill and amortisation of other intangibles 0 0 0 0 0
Subvention payment 0 0 0 0 0
Depreciation of SFA at ODV (%) 0 0 0 0 0
Depreciation adjustment 0 0 0 0 0
Subvention payment tax shield 0 0 0 0 0
Income tax 0 0 0 0 0
Interest tax shield 0 0 0 0 0
Revaluations 0 0 0 0 0
Total equity at end of current financial year (TEo) p 3,523,286 add add add
Fixed assets at end of previous financial year (FAo) 69,956,609
Fixed assets at end of current financial year (FAc) 75,917,147
Adjusted net working capital at end of previous financial year (ANWCn-1) (254,973)
Adjusted net working capital at end of current financial year (ANWCn) (1,081,912)
Average total funds employed (ATFE) c 72,268,536 72,268,536
Adjusted net working capital at end of current financial year (ANWCn) 78,021,556
WUC at end of previous financial year (WUCo) k 78,758,210
WUC at end of current financial year (WUCc) 78,899,883
Average total equity 3,260,283
Average total works under construction 2,794,133 2,794,133
Revaluations 0 0
Intangible assets at end of previous financial year (IAo) 0
Intangible assets at end of current financial year (IAc) 0
Average total intangible asset 0
Subvention payment at end of previous financial year (So) 0
Subvention payment at end of current financial year (Sc) 0
Subvention payment tax adjustment at end of previous financial year 0
Subvention payment tax adjustment at end of current financial year 0
Subvention on payment tax adjustment at end of current financial year 0
Average subvention payment & related tax adjustment 0
System fixed assets at end of previous financial year at book value (SFAo) 67,528,831
System fixed assets at end of current financial year at book value (SFAc) 72,656,859
Average value of system fixed assets at book value (SFAav) 70,142,845 70,142,845
System fixed assets at year beginning at ODV value (SFAo) 65,995,951
System fixed assets at end of current financial year at ODV value (SFAc) 65,957,934
Average value of system fixed assets at ODV value 65,976,978 65,976,978
Denominator
Financial Performance Measure.
ROE = NSATADJ / TEAV x 100
ROI = OSBITADJ / ATFEAV x 100
ROF = OSBITADJ / ATFEAV x 100
ATFEAV = c - e - f + h
NSATADJ = a + g + s - s1 + d
OSBITADJ = a + g + s - s1 + d - p - s1
Ave TEAV = k - m - n + y + f + h
Subscript 'o' = end of the previous financial year
Subscript 'c' = end of the current financial year
Subscript 'av' = average
bv = book value
odv = optimised depreciable valuation
ROE = return on equity
ROI = return on investment
ROF = return on funds
t = max. mum statutory income tax rate applying to corporate entities

LexisNexis



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2003, No 102


Gazette.govt.nz — PDF NZ Gazette 2003, No 102




✨ LLM interpretation of page content

🌾 Alpine Energy Limited Financial Performance Measures (continued from previous page)

🌾 Primary Industries & Resources
Electricity, Financial Performance, Alpine Energy Limited, ROE, ROI, ROF, Financial Statements, Equity, Fixed Assets, Operating Surplus, Net Surplus, Depreciation, Tax