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New Zealand Gazette – 2003 – No. 74

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✨ Electricity Ashburton Ltd Financial Reports

NEW ZEALAND GAZETTE

No. 74

Electricity Ashburton Ltd

Amendments

New Zealand Gazette Information

Disclosed 19 August 2002, Issue 108

16. ANNUAL ODV VALUATION RECONCILIATION

	$	$
System fixed assets at ODV – end of previous financial year	68,663,315	63,694,450
Add system fixed assets acquired during the year at ODV	17,045,030	3,885,431
Less system fixed assets disposed of during the year at ODV	(7,461)	(15,000)
Less depreciation on system fixed assets at ODV	(2,620,462)	(2,399,179)
Add revaluations of system fixed assets	626,774	3,497,613
System fixed assets at ODV – end of financial year	83,707,196	68,663,315

The ODV valuation (31 March 2001) of $68,663,315 includes a valuation for distribution system inventory amounting to $1,864,868. In preparing these regulation financial statements inventory has been recorded at cost and not at the ODV valuation figure.

FINANCIAL PERFORMANCE MEASURES AND EFFICIENCY PERFORMANCE MEASURES

	2002	2001	2000	1999
1 Financial Performance Measures
(a) Return on funds	1.2%	3.0%	3.7%	1.1%
(b) Return on equity	0.7%	2.2%	2.0%	(0.9%)
(c) Return on investment	0.7%	6.4%	(5.6%)	(0.7%)

VUW Te Waharoa — NZ Gazette 2003, No 74

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

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

🏗️ Energy Delivery Performance Measures and Statistics (continued from previous page)

Domain🏗️ Infrastructure & Public Works
Dated28 March 2003
KeywordsEnergy delivery, Performance measures, Audit, Electricity Ashburton Limited

🏗️ Annual ODV Valuation Reconciliation

Domain🏗️ Infrastructure & Public Works
KeywordsODV valuation, Fixed assets, Depreciation, Revaluation, Electricity Ashburton Ltd

🏗️ Financial Performance Measures and Efficiency Performance Measures

Domain🏗️ Infrastructure & Public Works
KeywordsFinancial performance, Return on funds, Return on equity, Return on investment, Electricity Ashburton Ltd

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