New Zealand Gazette – 2003 – No. 3

Page 101

✨ Performance Measures Report



E PERFORMANCE MEASURES

Dunedin Area only

2002 2001 2000 1999

Financial performance measures and efficiency performance measures (Regulation 15)

1 Financial performance measures

(a) Return on funds | 15.3% | (i) 15.1% | 13.2% | 15.2% |
(b) Return on equity | 34.7% | (i) 37.3% | 29.9% | 9.1% |
(c) Return on investment | 7.1% | (i) 11.3% | 10.7% | 9.1% |

Note

(i) The performance measures for 2001 have been restated due to a correction to the 2001 revaluation as required by the ODV Handbook.

2 Efficiency performance measures

(a) Direct line costs per kilometre | $2,217 | $2,148 | $2,325 | $3,314 |
(b) Indirect line costs per electricity consumer | $24.65 | $19.95 | $15.66 | $21.08 |

Delivery efficiency performance measures and statistics (Regulation 21)

1 Energy delivery efficiency performance measures

(a) Load factor | 53.9% | 55.7% | 56.5% | 56.3% |
(b) Loss ratio | 6.4% | 6.0% | 6.1% | 5.8% |

Note – the loss ratio is deduced from reports of energy injected by others and reports of retail sales by others. Dunedin Electricity is unable to audit these reports and has little confidence in their accuracy. Accordingly the ratio should be treated with caution.

(c) Capacity utilisation | 36.2% | 35.7% | 35.0% | 36.5% |

2 Statistics

(a) System length

  • Circuit kilometres 33 kV | 591 | 606 | 621 | 225 |

  • Circuit kilometres 11 kV | 1,959 | 1,876 | 1,809 | 258 |

  • Circuit kilometres 6.6 kV | 804 | 775 | 751 | 724 |

  • Circuit kilometres 400 V | 1,385 | 1,373 | 1,132 | 729 |

  • Circuit kilometres 600 V DC | 4 | 4 | 4 | 4 |

    Total | 4,743 | 4,634 | 4,317 | 1,940 |

(b) System length – overhead

  • Circuit kilometres 33 kV | 503 | 515 | 527 | 150 |

  • Circuit kilometres 11 kV | 1,734 | 1,656 | 1,581 | 237 |

  • Circuit kilometres 6.6 kV | 579 | 555 | 527 | 492 |

  • Circuit kilometres 400 V | 980 | 979 | 791 | 630 |

  • Circuit kilometres 600 V DC | 1 | 1 | 1 | 1 |

    Total Overhead | 3,797 | 3,706 | 3,426 | 1,510 |



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2003, No 3


Gazette.govt.nz — PDF NZ Gazette 2003, No 3




✨ LLM interpretation of page content

💰 Auditor's Report on Dunedin Electricity Limited Financial Statements (continued from previous page)

💰 Finance & Revenue
18 December 2002
Audit, Financial Statements, Dunedin Electricity Limited, Accounting Policies, Performance Measures, Unqualified Opinion