Financial Performance Measures




29 AUGUST

NEW ZEALAND GAZETTE

3327

FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS

Derivation Table Input and Calculations Symbol in formula ROF ROI
Revaluations 17,798,009 r
Half of revaluations 8,989,000 r/2 deduct
Intangible assets at end of previous financial year (S₀) 0 0
Intangible assets at end of current financial year (S₁) 36,665,000 m add 36,665,000
Average total intangible assets (or regulation 33 time-weighted average) 0 0 0
Subvention payment at end of previous financial year (S₀) 0 0
Subvention payment at end of current financial year (S₁) 0 0
Subvention payment tax adjustment at end of current financial year 0 0
Subvention payment tax adjustment at end of previous financial year 0 0
Average subvention payment & related tax adjustment 0 0
System fixed assets at end of previous financial year at book value (SFAₚᵥ₀) 118,983,000
System fixed assets at end of current financial year at book value (SFAₚᵥ₁) 276,174,156
Average value of system fixed assets at book value (or regulation 33 time-weighted average) f deduct 190,250,199
System Fixed assets at year beginning at CDV value (SFA꜀ₔᵥ₀) 190,250,199
System Fixed assets at end of current financial year at CDV value (SFA꜀ₔᵥ₁) 223,392,635
Average value of system fixed assets at CDV value (or regulation 33 time-weighted average) h add 164,262,333
Denominator Ave TEᴬᴰᴶ = c - e - f + h ATFEᴬᴰᴶ = k - e - m + v - f + h
Financial Performance Measure: ROF = NSAᴬᴰᴶ/ATFEᴬᴰᴶ x 100 ROI = OSBITᴬᴰᴶ/ATFEᴬᴰᴶ x 100
5.41 6.13
14.24

bv = book value
ave = average
subscript ‘0’ = end of the previous financial year
subscript ‘1’ = end of the current financial year
ROE = return on equity
ROI = return on investment
c = maximum statutory income tax rate applying to corporate entities

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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2003, No 122


Gazette.govt.nz PDF NZ Gazette 2003, No 122





✨ LLM interpretation of page content

🏭 Unison Networks Limited Financial and Efficiency Performance Measures (continued from previous page)

🏭 Trade, Customs & Industry
Financial Measures, Efficiency Measures, Electricity Regulation, Return On Funds, Return On Equity, Return On Investment, Direct Line Cost, Indirect Line Cost