β¨ Financial and Efficiency Measures
UNISON NETWORKS LIMITED - LINES BUSINESS
ELECTRICITY (INFORMATION DISCLOSURE)
REGULATIONS 1999
Regulation 15
Disclosure by line owners of financial and efficiency performance measures
| Financial Measures | 2003 | 2002 | 2001 | 2000 | 1999 |
|---|---|---|---|---|---|
| Return On Funds | 5.41% | 0.23% | 2.83% | 3.10% | 4.98% |
| Return On Equity | 6.13% | 0.93% | 2.18% | 3.21% | 2.50% |
| Return On Investment | 14.24% | 0.74% | 14.62% | 3.07% | 46.62% |
Note: These measures are net of Line Discounts.
The regulatory calculation for ROI includes adds back revaluations into Operating Surplus. If revaluations are excluded from the operating surplus the ROI would be 5.86%
| Efficiency Measures | 2003 | 2002 | 2001 | 2000 | 1999 |
|---|---|---|---|---|---|
| Direct Line Cost Per Kilometre | $1,055 | $1,293 | $1,339 | $1,443 | $1,880 |
| Indirect Line Cost Per Customer | $45 | $48 | $60 | $46 | $40 |
Note: Both Financial Measures and efficiency measures have been calculated on a time weighted basis to reflect the acquisition of Taupo and Rotorua Networks from United Networks on 1 November 2002. Time weighted averages have been calculated for assets, system lengths, customer numbers and for all non financial measures reported under regulation 22. The time weighting is calculated by adding the averages of assets, capital employed, customers and system lengths and other components for the seven months prior to the acquisition and for the five months post acquisition.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 122
Gazette.govt.nz —
NZ Gazette 2003, No 122
β¨ LLM interpretation of page content
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Unison Networks Limited Financial and Efficiency Performance Measures
(continued from previous page)
π Trade, Customs & IndustryFinancial Measures, Efficiency Measures, Electricity Regulation, Return On Funds, Return On Equity, Return On Investment, Direct Line Cost, Indirect Line Cost