New Zealand Gazette – 2003 – No. 108

Page 2850

✨ Financial Performance Measures



DERIVATION TABLE

Financial Performance Measure

SYMBOL IN FORMULA INPUT AND CALCULATIONS ROI ROE ROF
I_Ao Intangible assets at end of previous financial year (IAo)
S_b m Average total assets (Sb) (or regulation 33 time-weighted average) 0 83.872 83.872
S_1 Subvention payment at end of previous financial year 2.236 add add
S_2 Subvention payment tax adjustment at end of current financial year 27.578
BV(SFA_BS) x Average subvention payment and related tax adjustment 7.38 28.846
BV(SFA_PLM) System fixed assets at end of previous financial year at BV (SFA_BS) 158.840.104 add
SFA_end f System fixed value of system fixed assets at BV 160.531.661 159.685.583 deduct
SFA_ODV System Fixed assets at year beginning at ODV value (SFA_ODVo) 152.422.245
ODV_avg h Average value of system fixed assets at ODV value 152.427.977 152.427.577 add
(or regulation 33 time-weighted average)
Denominator ATTE^ODV 151.743.256 144.386.725
= E + F - H = E - F + H 1.32
ave=
BV = book value
ROI = return on funds 0.34 0.38

Notes

  • I = maximum statutory income tax rate applying to corporate entities subparagraph (1) = end of the previous financial year
  • ROI = return on investment

Formulas

  • ROI: ROI = (ATTE^ODV + c - c_cz) / ATTE^ODV x 100
  • ROE: ROE = (ATTE^ODV + k + m - n - f + h) / ATTE^ODV x 100
  • ROF: ROF = (e / (ATTE^ODV + ATTE^avg)) x 100

Calculation Steps

  • Ave TE^ODV = e - f + h
  • ATTE^ODV = 151,743,256


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2003, No 108


Gazette.govt.nz — PDF NZ Gazette 2003, No 108




✨ LLM interpretation of page content

🏭 Financial Statements of The Power Company Limited (continued from previous page)

🏭 Trade, Customs & Industry
Financial Measures, Return on Funds, Return on Equity, Return on Investment, Efficiency Performance Measures, Direct Line Costs, Indirect Line Costs, Electricity Customer, Industry Levies