✨ Financial Asset Efficiency Measures
NEW ZEALAND GAZETTE
22 AUGUST
2979
FORM FOR DERIVATION OF FINANCIAL ASSET EFFICIENCY MEASURES FOR USE IN FINANCIAL STATEMENTS
Inputs & calculations
| K0.1 000's | R.O.E % | K0.6 000's | K0.7 % | 10s | 7.36% |
|---|---|---|---|---|---|
| 10925 | 30.27% | ||||
| 20.27% | 13.07% | ||||
| 12.28% | R6.1 | ||||
| 4.08 | |||||
| 168.125 | |||||
| 161.471 | |||||
| 4.612 | 1.634 |
Symbols and formulae
| 20.39% | |
|---|---|
| 20.971 | 1.794 |
| (USD/IT-IS7) | 12.07% |
| 5.3/4 | |
| > 7 | |
| 7.862 | |
| 3.6 |
| Symbol & calculations | |
|---|---|
| R6.3 7.6% | |
| 16.70% | |
| 4.3 / 2 | |
| 9/4 | |
| =RAF(A4+A5)/W30*AN | |
| W(3-1)/2 | |
| 63.571 | |
| =130 (F5)/192 | |
| 1.756 | |
| =W1/0 W1/CY 2 | |
| #/2 | |
| <1.00 (F4)/2 | |
| ~SRT | |
| FIG3013 | |
| 4/2 | |
| 160.763 | |
| =SEFA0.015+W1*0.02 | |
| 1.10.102 | |
| 101.782 | |
| 167.836 | |
| =SEB (B4)5/4.96(V1)%SEFA | |
| ~ |
Numerator (as adjusted)
Operating surplus before interest and tax from financial statements (F13811).
Add back amortisation of goodwill and capitalised borrowing costs.
Deduct dividends after tax from Financial Asset Investments (R53311).
Net margin after tax and preferred dividends to ordinary shareholders (R61112).
Reinstatement of goodwill amortised over useful life.
Subtraction of notional return on Shareholders' Funds (ROE x S/H F)
(EBIT Depreciation & amortisation of R&D at 9% of O/V (R7).
Interest Tax Shield.
Revaluations.
Income T Ax.
Average total funds deployed (X7578)
Total funds deployed at end of previous financial year (F5.8).
Add back revaluations to land and buildings (R52).
Adjust for Working Capital impact of year end movement (F1+AN31).
Average total funds deployed = (Opening total + Closing total) / 2.
Average total equity (X7578)
Total equity at the start of the financial year (U3).
Add back revaluations to land and buildings (R52).
Revaluations.
Works under construction at start of current financial year (W3.62).
Add revaluations to other fixed assets.
Add interest capitalised.
HCA adjustments.
Average total Works under construction.
Intangible assets at end of current financial year (F35)
Intangible assets.
Average 'Total Intangible Asset'
Subtraction pay/asset acquisition financial year (S6.1)
Subtraction partial tax adjustment for provisions financial year.
Adjust for tax effect of non-capitalised R&D.
Average value of intangible tax adjustment.
Average net funds employed (S18-Year)
System Financial Asset adjustment (S14-Year)
System Financial Asset adjustment of provision for financial assets at book value (F39.1)
Average value of system fixed assets at book value
NZ Superannuation Fund assets (P11)
Average total Fund's assets at GDB Value
Financial Asset Adjustment
Key
- Interest added to opening net book value of non-financial assets.
- Reinstatement of amortisation of goodwill.
- R&D investment from average S/H funds at cost.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 112
Gazette.govt.nz —
NZ Gazette 2003, No 112
✨ LLM interpretation of page content
💰 Form for Derivation of Financial Asset Efficiency Measures for Use in Financial Statements
💰 Finance & RevenueFinancial Asset Efficiency, Financial Statements, Inputs & Calculations, Symbols & Formulae, Numerator, Average Total Funds Deployed, Average Total Equity, Intangible Assets, System Financial Asset Adjustment