✨ Financial Performance Measures
NEW ZEALAND GAZETTE
29 AUGUST 3301
SCHEDULE 1 - PART 7
FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS
| Derivation Table | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| r2 | m | y | f | h | ||||||
| Revaluations | ||||||||||
| Half of revaluations | Intangible assets at end of previous financial year (A_n) | Intangible assets at end of current financial year (S_a) | Subvention payment at end of previous financial year | Subvention payment at end of current financial year | Subvention payment tax adjustment at end of previous financial year | Subvention payment tax adjustment at end of current financial year | System fixed assets at end of previous financial year at book value (SFA_n-1) | System fixed assets at end of current financial year at book value (SFA_n) | Average value of system fixed assets at ODV value (GF^n_av) | Average value of system fixed assets at ODV value (SF^n_av) |
| Average total intangible asset for regulation 33 time-weighted average | System fixed assets at end of previous financial year at book value (SFA_n-1) | System fixed assets at end of current financial year at book value (SFA_n) | (a regulation 33 time-weighted average) | (a regulation 33 time-weighted average) |
| Input and Calculations | 65 | | | | 0 | 0 | 112.026 | 111.897 | 111.840 | 111.628 |
| Symbol in formula | - | 0 | 0 | 0 | - | add | add | deduct | add |
| ROF | | | | | | | 111.897 | 111.733 | |
| | | | | | | deduct | | |
| ROE | | | | | | 111.857 | 111.733 | 119.983 |
| | | | | | add | | |
| | | | | | 111.733 | | |
| ROR | | | | | | 119.983 | |
Financial Performance Measure:
| | | | Denominator |
| ROF = OSBIT^1 / ATFE^2 x 100 | b = book value,
av = average |
| ROE = NSAT^3 / ATE^4 x 100 | ROE = return on equity
| Formula | ROF = (C + e - g - i - j) / (d + e + f) x 100 |
| | ROE = (C + e - g - k + m + v - w) / (d + e + f) x 100 |
Notes:
- A minimum statutory income tax rate applying to corporate entities.
- Subscript ‘0’ = end of the current financial year, subscript ‘1’ = end of the previous financial year.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 121
Gazette.govt.nz —
NZ Gazette 2003, No 121
✨ LLM interpretation of page content
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Disclosure of Reliability Performance Measures under Electricity Regulations
(continued from previous page)
🌾 Primary Industries & ResourcesElectricity, Reliability, Performance Measures, Interruptions, Faults, Targets
💰 Schedule 1 - Part 7: Form for the Derivation of Financial Performance Measures from Financial Statements
💰 Finance & RevenueFinancial Performance, Revaluations, Financial Statements, Formulas, ROF, ROE