New Zealand Gazette – 2003 – No. 74

Page 1919

✨ Financial Measures Derivation



NEW ZEALAND GAZETTE

27 JUNE 1919

SCHEDULE 1 - PART 7

FORM FOR THE DERIVATION OF FINANCIAL MEASURES FROM FINANCIAL STATEMENTS

Input and Calculations Symbol in formula ROI ROE ROF
a m g
Operating surplus before interest and income tax (from financial statements) 324 324
Operating surplus before interest and income tax adjusted pursuant to regulation 18 (OSBIIT) 348 118
Interest on cash, bank balances, and short-term investments 118
Net surplus after tax from financial statements 24
Amortisation of goodwill and amortisation of other intangibles 0
Subvention payment 568 0
Depreciation of SFA at ODV (x) 901 9
ODV depreciation adjustment -393 add
Subvention tax shield -106 add
Interest tax 179 add
Numerator 24 110
Fixed assets at end of previous financial year (FPA) 29,106
Adjusted net working capital at end of previous financial year (ΔNWCₚ) -1,935
Adjusted total funds employed (ATFE) 25,897
Average total funds employed 303
Total equity at end of previous financial year (TEₚ) 27,687
Total equity -527
Average total equity
WUC at end of previous financial year (WUCₚ) 33,584
WUC
Average total works under construction 30,631 time-weighted average
(or regulation 33 time-weighted average)
Average WUC 24, time-weighted average

Derivation Table

  • Operating surplus before interest and income tax (from financial statements)
  • Operating surplus before interest and income tax adjusted pursuant to regulation 18 (OSBIIT)
  • Interest on cash, bank balances, and short-term investments (NSA:T)
  • Net surplus after tax from financial statements
  • Amortisation of goodwill and amortisation of other intangibles
  • Subvention payment
  • Depreciation of SFA at ODV (x)
  • ODV depreciation adjustment
  • Subvention tax shield
  • Interest tax

Formulae

ROI: OSBIIT^(adj) = a + g + t + s - d - p

ROE: NSA^(adj) = m + n + q + r - s + d

ROF: WUC calculation time-weighted



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2003, No 74


Gazette.govt.nz — PDF NZ Gazette 2003, No 74




✨ LLM interpretation of page content

🏗️ Centralines Limited Financial Statements for the Year Ended 31 March 2002 (continued from previous page)

🏗️ Infrastructure & Public Works
Financial Statements, Electricity, Information Disclosure, Regulations