New Zealand Gazette – 2003 – No. 110

Page 2916

✨ Electricity Line Business Performance Measures

Financial and efficiency performance measures for the Line Business

Introduction

The Electricity (Information Disclosure) Regulations 1999 forms part of the regulatory regime introduced following deregulation of the Electricity Industry.

The Regulations require Electricity Companies that operate a Line Business to publicly disclose in the Gazette and have available on request a variety of information. Included in this disclosure are Financial, Reliability and Efficiency Performance Measures and Statistics.

In order to consistently define these measures to allow comparison between Electricity Companies, the Regulations require a number of adjustments to be made to the Financial Statements. For this reason, the Financial Statements disclosed are not necessarily the basis of information used for calculations in Performance Measures and Statistics.

This information has been prepared solely for the purpose of complying with regulations 15, 16, 21 and 22 of the Electricity (Information Disclosure) Regulations 1999 and the Electricity (Information Disclosure) Amendment Regulations 2000 and 2001, and is not intended for any other purpose.

Financial performance measures

Rates of return for the Line Business are as follows:

	2003	2002	2001	2000
Return on funds	3.29%	3.87%	3.09%	2.30%
Return on equity	2.35%	3.40%	2.31%	1.30%
Return on investment	3.88%	2.96%	19.73%	1.60%

Efficiency performance measures

	2003	2002	2001	2000
Direct line costs per kilometre	$1,798	$1,729	$1,514	$1,332
Indirect line costs per electricity customer	$48	$49	$45	$58

VUW Te Waharoa — NZ Gazette 2003, No 110

Gazette.govt.nz — NZ Gazette 2003, No 110

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✨ LLM interpretation of page content

💰 Electra Limited Financial Statement (continued from previous page)

Domain💰 Finance & Revenue
Dated25 July 2003
KeywordsFinancial Statement, Operating Expenditure, Interest Expense, Income Tax

🏭 Financial and Efficiency Performance Measures for the Line Business

Domain🏭 Trade, Customs & Industry
KeywordsElectricity, Line Business, Financial Performance, Efficiency Measures, Information Disclosure

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