New Zealand Gazette – 2003 – No. 74

Page 1920

✨ Financial Performance Measures



1920

NEW ZEALAND GAZETTE

No. 74

FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS

Derivation Table Symbol in formula Input and Calculations ROF ROE ROI
Revaluations
Half of revaluations r -146
r/2 -73 deduct -73
Intangible assets at end of previous financial year (IA₀) 0
Intangible assets at end of current financial year (IA₁) 0
Average total intangible asset m 0 add 0
(or regulation 33 time-weighted average)
Subvention payment at end of previous financial year (S₀) 0
Subvention payment at end of current financial year (S₁) 0
Subvention payment tax adjustment at end of previous financial year 0
Subvention payment tax adjustment at end of current financial year 0
Average subvention payment & related tax adjustment v 0 add 0
System fixed assets at end of previous financial year at book value (SFAᵦᵥ₀) 28,858
System fixed assets at end of current financial year at book value (SFAᵦᵥ₁) 25,032
Average value of system fixed assets at book value f 26,945 deduct 26,945 deduct
(or regulation 33 time-weighted average)
System Fixed assets at year beginning at ODV value (SFAₒ₀) 24,414
System Fixed assets at end of current financial year at ODV value (SFAₒ₁) 24,345
Average value of system fixed assets at ODV value h 24,380 add 24,380 add
(or regulation 33 time-weighted average)

Denominator

| | | | 23,310 | 27,943 | 23,383 |
| | | ATFEᵋfᴶ = c - e - f + h | | Ave TEᵋfᴶ = k - e - m + v - f + h | ATFEᵋfᴶ = c - e - ½ r - f + h |

Financial Performance Measure:

| | | -1.40 | -0.66 | -2.34 |
| | | ROF = OSBIITᵋfᴶ/ATFEᵋfᴶ x 100 | ROE = NSATᵋfᴶ/ATEᵋfᴶ x 100 | ROI = OSBIITᵋfᴶ/ATFEᵋfᴶ x 100 |

t = maximum statutory income tax rate applying to corporate entities
bv = book value
odv = optimised deprival valuation
subscript '0' = end of the previous financial year
subscript '1' = end of the current financial year
ROF = return on funds
ROE = return on equity
ROI = return on investment



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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, Performance Measures, Revaluations, Intangible Assets, Subvention Payment, System Fixed Assets