Financial Performance Measures




Requirement 14

Disclosure of financial and efficiency performance measures

Performance measures as defined by the Electricity Information Disclosure Requirements 2004

Financial performance measures

2004 % 2003 % 2002 % 2001 %
(a) Return on funds 11.60 14.49 14.09 14.52
(b) Return on equity 7.98 9.63 9.98 9.54
(c) Return on investment (ROI) 34.08 8.84 7.69 14.49

Refer to Orion’s Requirement 15 Disclosure for the derivation of these measures.

The 2002 ROI includes the impact of the recalibration of Orion’s 2001 ODV by the Commerce Commission.

Excluding the impact of revaluations, ROI’s were as follows:

2004 % 2003 % 2002 % 2001 %
7.99 8.84 9.14 9.42

Efficiency performance measures

$ $ $ $
(a) Direct line costs per kilometre: 1,198 1,153 1,198 1,133
(b) Indirect line costs per electricity customer: 62 59 54 49

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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2004, No 168


Gazette.govt.nz PDF NZ Gazette 2004, No 168





✨ LLM interpretation of page content

🏭 Disclosure of financial and efficiency performance measures for Orion New Zealand Limited (continued from previous page)

🏭 Trade, Customs & Industry
Financial performance, Efficiency performance, Return on funds, Return on equity, Return on investment, Direct line costs, Indirect line costs