New Zealand Gazette – 2003 – No. 92

Page 2374

✨ Financial Performance Table



2374

NEW ZEALAND GAZETTE

No. 92

DERIVATION TABLE

INPUT AND CALCULATIONS SYMBOL IN FORMULA ROF ROE ROI
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 add 0
Subvention payment at end of previous financial year (S₀) 97,279
Subvention payment at end of current financial year (S₁) 114,220
Subvention payment tax adjustment at end of previous financial year 32,102
Subvention payment tax adjustment at end of current financial year 70,852 add 70,852
System fixed assets at end of previous financial year at BV (SFAₐᵥ₀) 37,749,778
System fixed assets at end of current financial year at BV (SFAₐᵥ₁) 40,058,787
Average value of system fixed assets at BV f deduct 38,904,282 deduct
System Fixed assets at year beginning at ODV value (SFAₐᵥ₀) 37,749,778
System Fixed assets at end of current financial year at ODV value (SFAₐᵥ₁) 37,758,683
Average value of system fixed assets at ODV value h add 37,754,231 add
Denominator ATFEₐᵥ₀₁ = c-e-f+h Ave TEₐᵥ₀₁ = k-e-m-v+f+h
Financial Performance Measure ROF=GSBII/ATFEₐᵥ₀₁ x 100 ROE=NSAT/ATFEₐᵥ₀₁ x 100

1 = maximum statutory income tax rate applying to corporate entities
subscript ‘0’ = end of the previous financial year
subscript ‘1’ = end of the current financial year
BV = book value
odv = optimised deprival valuation
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 92


Gazette.govt.nz — PDF NZ Gazette 2003, No 92




✨ LLM interpretation of page content

🏭 Electricity Information Disclosure for Invercargill Limited (continued from previous page)

🏭 Trade, Customs & Industry
24 July 2003
Electricity, Financial Performance, Return on Investment, Return on Equity, Return on Funds