✨ Financial Performance Measures
1416
NEW ZEALAND GAZETTE
No. 54
3. PERFORMANCE MEASURES AND STATISTICS: Regulations 15 - 19
3.1 FINANCIAL PERFORMANCE AND EFFICIENCY MEASURES
For the year ended 31 December 2002
Schedule 1 – PART 2
| 2002 | 2001 | 2000 | |
|---|---|---|---|
| 1 Financial performance measures | |||
| a) Accounting return on total assets | 20.74% | 14.46% | 11.94% |
| b) Accounting return on equity | (414.03)% | 172.77%** | 200.00%** |
| c) Accounting rate of profit | 14.87% | 9.11% | 7.96% |
| 2 Efficiency performance measures | 12 months | 12 months | 9 months |
| a) Direct line costs per kilometre | $791 | $802 | $684 |
| b) Indirect line costs per gas customer | $70 | $28 | $26 |
Additional Information
The following financial performance measures result if the central gas network is removed from the calculation, ie. Northern gas network only. This calculation is based on closing total funds employed (not average).
| 2002 | |
|---|---|
| 1 Financial performance measures | |
| a) Accounting return on total assets | 13.91% |
| c) Accounting rate of profit | 9.44% |
The following financial performance measures result if the central gas network is removed from the calculation and the full book value of the line assets ie. Northern gas network only including identifiable intangibles. This calculation is based on closing total funds employed (not average).
| 2002 | |
|---|---|
| 1 Financial performance measures | |
| a) Accounting return on total assets | 7.07% |
| c) Accounting rate of profit | 4.80% |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 54
Gazette.govt.nz —
NZ Gazette 2003, No 54
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🏭 Trade, Customs & Industry14 May 2003
Financial Performance, Efficiency Measures, Accounting Return, Total Assets, Equity, Profit, Direct Line Costs, Indirect Line Costs, Gas Network, Northern Gas Network