New Zealand Gazette – 2003 – No. 133

Page 3618

✨ Financial Performance Measures



VECTOR Limited

Electricity Lines Business

Financial Performance Measures and Efficiency Performance Measures

For the year ended 31 March 2003

SCHEDULE 1 – PART 3

2003 2002 2001 2000

1. Financial performance measures

a. Return on funds | 10.6% | 12.4% | 14.09% | 9.61% |

b. Return on equity | 13.6% | 8.8% | 9.78% | 7.51% |

c. Return on investment | 11.2% | 7.4% | 9.39% | 6.46% |
Return on investment |
excluding revaluations | 7.1% | | | |

2. Efficiency performance measures

a. Direct line cost per kilometre | $1,825.05 | $2,290.01 | $2,511.83 | $1,951.07 |

b. Indirect line cost per customer | $118.95 | $80.43 | $79.06 | $136.45 |

The 2003 financial and efficiency performance measures have been calculated using a time-weighted average in accordance with the Electricity (Information Disclosure) Regulations 2000, Regulation 33. VECTOR was combined with UnitedNetworks in October 2002. One month (October 2002) includes the Eastern region of UnitedNetworks Limited as well as the Northern and Wellington regions. The final 5 months are for VECTOR, plus the Northern and Wellington regions of UnitedNetworks Limited.



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2003, No 133


Gazette.govt.nz — PDF NZ Gazette 2003, No 133




✨ LLM interpretation of page content

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

🏭 Trade, Customs & Industry
31 March 2003
Electricity, Financial Performance, Efficiency Measures, Return on Investment, Line Costs