β¨ Financial Performance Measures
DERIVATION TABLE
| SYMBOL IN FORMULA | INPUT AND CALCULATIONS | Financial Performance Measure |
|---|---|---|
| Intangible assets at end of previous financial year (IA(_{t-1})) | ||
| Average total intangible asset | ||
| m | Subvention payment at end of previous financial year (S(_t)) | |
| Subvention payment tax adjustment at end of current financial year | ||
| Average subvention payment and related tax adjustment | ||
| System fixed assets at end of previous financial year at BV (SFA(_{t-1})) | ||
| y | System fixed assets at end of current financial year at BV (SFA(_{t})) | |
| System fixed value of additions (SFAdd) | ||
| f | System fixed value of system fixed assets at ODV value (SF(_{ODVt})) | |
| Average value of system fixed assets at ODV value | ||
| b | System fixed assets at year beginning of current financial year at ODV value | |
| Average value of system fixed assets at requirement average |
| | (or requirement avg.) |
| | (BV = book value |
| | ROI = return on funds |
| | ROE = return on equity) |
|--------------------|-----------------------------|-----------------------------|-----------------------------|
| | | 0 | |
| ROE | | deduct | 0 |
| ROF | | | |
| ROF(_L) | | deduct | |
| ROI | | 0 | |
| | | 9.223 | |
| | (or re-weighted average) | | |
| m | | 18.570 | |
| | | 3.044 | |
| | | 6.128 | |
| | | 212.559.463 | |
| y | | 208.792.364 | 9.311 |
| | | 210.695.884 | add |
| | | 210.695.884 | |
| | | 217.278.004 | |
| f | (or requirement avg.) | 215.579.006 | deduct |
| | | 213.780.000 | |
| | | 215.529.000 | |
| | | | 215.529.000 add |
| b | | | |
| | | | 211.218.653 |
| | | | 216.159.209 |
| Denominator | | | ATFE(_{AV}) = c + d + e + f + h
| | | |
| | | | ATFE({ODV}) = c({ODV}) + d({ODV}) + f({ODV}) + h(_{ODV})
| | | | 0.26 |
| | | | ROE = NXAT / ATFE(_{AV}) x 100
| | | | 1.22 |
| | | | ROF = (Return on funds) average
| | | | 0.33 |
| | | | ROI = OSNPM / ATFE(_{ODV}) x 100
Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2005, No 133
Gazette.govt.nz —
NZ Gazette 2005, No 133
β¨ LLM interpretation of page content
π°
Financial and Efficiency Performance Measures for The Power Company Limited
(continued from previous page)
π° Finance & RevenueFinancial Performance, Return on Funds, Return on Equity, Return on Investment, Efficiency Performance, Direct Line Costs, Indirect Line Costs