✨ Financial Performance Measures
5 AUGUST 2005
NEW ZEALAND GAZETTE, No. 118
2869
WESTPOWER LIMITED - LINES BUSINESS
SCHEDULE 1 - PART 7
FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS
| Derivation Table | Input and Calculations | Symbol in formula | ROI | ROE | ROF |
|---|---|---|---|---|---|
| Operating surplus before interest and income tax from financial statements | 4,452 | a | 4,399 | 2,972 | 4,399 |
| Operating surplus before interest and income tax adjusted pursuant to requirement 18 (OSBIT) | |||||
| Interest on cash, bank balances, and short-term investments (ISTI) | 53 | add | add | add | |
| OSBIT minus ISTI | 4,399 | ||||
| Net surplus after tax adjusted pursuant to requirement 18 (NSAT) | 2,972 | n | |||
| Amortisation of goodwill and amortisation of other intangibles | |||||
| Subvention payment | |||||
| Depreciation of SFA at BV (%) | 1,882 | ||||
| CDV depreciation adjustment | (16) | add | add | add | |
| Subvention payment tax adjustment | |||||
| Income tax | 67 | d | deduct | deduct | deduct |
| Revaluations | 1,223 | ||||
| Numerator | 3,956 | ||||
| Fixed assets at end of previous financial year (FAₜ₋₁) | 61,681 | ||||
| Fixed assets at end of current financial year (FAₜ) | 87,823 | ||||
| Adjusted net working capital at end of previous financial year (ANWCₜ₋₁) | 305 | ||||
| Adjusted net working capital at end of current financial year (ANWCₜ) | (1,098) | ||||
| Adjusted total funds employed (ATFE) | 64,381 | c | 64,381 | 62,076 | 64,381 |
| Average total funds employed (TEₜ) | 69,690 | g | 62,076 | ||
| k | 64,391 |
ROI
| | | | 4,399 |
ROE
| | | | 2,972 |
| | add | | |
| | add | | |
| | | (1a) | |
| | | | 67 |
| | deduct | | |
| | | | 2,956 |
| | | | 1,222 |
| NOPAT* (approx.) | | | 3,093 |
ROF
| | | | 4,399 |
| | | add | |
| | add | | |
| | | | |
| | | (1b) | |
| | add | | |
| | | | 4,393 |
| ROF (approx.) | | | |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2005, No 118
Gazette.govt.nz —
NZ Gazette 2005, No 118
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Westpower Limited Performance Measures
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