✨ Electricity Industry Performance Measures
Financial and efficiency performance measures for the Line Business
Introduction
The Electricity Information Disclosure Requirements 2004 forms part of the regulatory regime introduced following deregulation of the Electricity Industry.
The Regulations require Electricity Companies that operate a Line Business to publicly disclose in the Gazette and have available on request a variety of information. Included in this disclosure are Financial, Reliability and Efficiency Performance Measures and Statistics.
In order to consistently define these measures to allow comparison between Electricity Companies, the Regulations require a number of adjustments to be made to the Financial Statements. For this reason, the Financial Statements disclosed are not necessarily the basis of information used for calculations in Performance Measures and Statistics.
This information has been prepared solely for the purpose of complying with Parts 3-7 of the Electricity Information Disclosure Requirements 2004 required by the Commerce Act 1986 and is not intended for any other purpose.
Financial performance measures
Rates of return for the Line Business are as follows:
| 2004 | 2003 | 2002 | 2001 | |
|---|---|---|---|---|
| Return on funds | 1.30% | 3.29% | 3.87% | 3.09% |
| Return on equity | 0.33% | 2.35% | 3.40% | 2.31% |
| Return on investment | 32.10% | 3.88% | 2.96% | 19.73% |
Efficiency performance measures
| 2004 | 2003 | 2002 | 2001 | |
|---|---|---|---|---|
| Direct line costs per kilometre | $1,746 | $1,798 | $1,729 | $1,514 |
| In-direct line costs per electricity consumer | $44 | $48 | $49 | $45 |
Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2004, No 163
Gazette.govt.nz —
NZ Gazette 2004, No 163
✨ LLM interpretation of page content
🏭 Financial and efficiency performance measures for the Line Business
🏭 Trade, Customs & IndustryElectricity, Financial performance, Efficiency measures, Line Business, Commerce Act 1986