New Zealand Gazette – 2005 – No. 137

Page 3330

✨ Financial Performance Measures

3330

NEW ZEALAND GAZETTE, No. 137

23 AUGUST 2005

FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS

Derivation Table	Input and Calculations	Symbol In formula	ROF	ROE	ROI
Operating surplus before interest and income tax from financial statements	2,879
Operating surplus before interest and income tax adjusted pursuant to requirement 18 (OSBIT)	2,879
Interest on cash, bank balances, and short-term investments (ISTI)	47
OSBIT minus ISTI	2,832	a	2,832		2,832
Net surplus after tax from financial statements	1,770
Net surplus after tax adjusted pursuant to requirement 18 (NSAT)	1,770	n		1,770
Amortisation of goodwill and amortisation of other intangibles	-	g	add 0	add 0	add 0
Subvention payment	-	s	add 0	add 0	add 0
Depreciation of SFA at BV (x)	905
Depreciation of SFA at ODV (y)	668	d	add 237	add 237	add 237
ODV depreciation adjustment	237
Subvention payment tax adjustment	-	s'		deduct	0
Interest tax shield	2	q	add 2		add 2
Revaluations	-	r
Income tax	1,057	p		deduct	1,057
Numerator			3,089	2,007	2,010

| Fixed assets at end of previous financial year (FA₀) | 14,994 | | | | |
| Fixed assets at end of current financial year (FA₁) | 24,057 | | | | |
| Adjusted net working capital at end of previous financial year (ANWC₀) | 97 | | | | |
| Adjusted net working capital at end of current financial year (ANWC₁) | 192 | | | | |
| Average total funds employed (ATFE) | 19,670 | σ | 19,670 | 19,670 | 19,670 |

| Total equity at end of previous financial year (TE₀) | 14,903 | | | | |
| Total equity at end of current financial year (TE₁) | 23,236 | | | | |
| Average total equity (or requirement 32 time-weighted average) | 19,070 | k | | 19,070 | |

| WUC at end of previous financial year (WUC₀) | 518 | | | | |
| WUC at end of current financial year (WUC₁) | 512 | | | | |
| Average total works under construction (WUC) | 515 | e | deduct | 515 | deduct | 515 |

| Revaluations | - | r | | | |
| Half of revaluations | - | r/2 | | | |

| Intangible assets at end of previous financial year (IA₀) | - | | | | |
| Intangible assets at end of current financial year (IA₁) | - | | | | |
| Average total intangible asset | - | m | | deduct | 0 |

| Subvention payment at end of previous financial year (S₀) | - | | | | |
| Subvention payment at end of current financial year (S₁) | - | | | | |
| Subvention payment tax adjustment at end of previous financial year | - | | | | |
| Subvention payment tax adjustment at end of current financial year | - | v | add 0 | | |
| Average subvention payment & related tax adjustment | - | | | | |

| System fixed assets at end of previous financial year at book value (SFAbv₀) | 13,547 | | | | |
| System fixed assets at end of current financial year at book value (SFAbv₁) | 22,243 | f | deduct | 17,895 | deduct | 17,895|
| Average value of system fixed assets at book value | 17,895 | | | | |

| System fixed assets at year beginning at ODV value (SFAodv₀) | 19,393 | | | | |
| System fixed assets at end of current financial year at ODV value (SFAodv₁) | 19,522 | h | add | 19,458 | add | 19,458|
| Average value of system fixed assets at ODV value | 19,458 | | | | |

| Financial Performance Measure: |
| ROF = OSBIT^(AD)/ATFE^(AD) × 100 | 14.8 |
| ROE = NSAT^(AD)/ATFE^(AD) × 100 | 10.0 |
| ROI = OSBIT^(OD)/ATFE^(OD) × 100 | 9.7 |

Notes:

l = maximum statutory income tax rate applying to corporate entities
bv = book value
ave = average
odv = optimised deprival valuation
script '0' = end of the previous financial year
script '1' = end of the current financial year
ROF = return on funds
ROE = return on equity
ROI = return on investment

VUW Te Waharoa — NZ Gazette 2005, No 137

Gazette.govt.nz — NZ Gazette 2005, No 137

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

🏭 Nelson Electricity Limited Operating Expenditure (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsOperating Expenditure, Transmission Charges, Transfer Payments, Depreciation, Amortisation, Interest Expense, Income Tax

💰 Form for the Derivation of Financial Performance Measures from Financial Statements

Domain💰 Finance & Revenue
KeywordsFinancial Performance, Operating Surplus, Net Surplus, Depreciation, Amortisation, Fixed Assets, Equity, Intangible Assets, Subvention Payment, Income Tax

As the Gazette has been published for more than 185 years, copyright status depends on the publication date of each issue:

1840–1925 (Public Domain): Issues of the New Zealand Gazette and Provincial Gazettes from this period are in the public domain, as the term of Crown copyright (100 years) has expired. Mechanical reproductions (e.g., scanned PDFs) of these public domain documents do not attract new copyright.
1926–1999 (Crown Copyright): Issues from this period remain subject to Crown copyright. Usage of these issues in this project is "Fair Dealing" for research purposes and consistent with the spirit of the open-access principles championed by NZGOAL, ie, "The default licensing position under ... NZGOAL is the Creative Commons Attribution 4.0 International licence ... [t]o the greatest extent possible, agencies should apply this licence to copyright material on their websites"
2000–Present (CC-BY 3.0 NZ): Gazette issues published on gazette.govt.nz are Crown copyright but are explicitly licensed by the Department of Internal Affairs under the Creative Commons Attribution 3.0 New Zealand licence (CC-BY 3.0 NZ). This project redistributes this content in accordance with those terms.

Nothing in this project is intended to infringe copyright, trademark law or personal privacy. Please contact me immediately if you have any concerns.

Third-Party Content

Where third-party content (e.g., notices submitted by external organisations) is identified within the Gazette, users should satisfy themselves regarding the copyright status of that specific content, as it may be subject to different ownership terms than the Gazette itself.

Sources and Attribution

NZ Gazette Sources

The primary sources for the issues of the NZ Gazette indexed by this project are:

New Zealand Gazette Archive, provided by Victoria University Library, copyright 2008 LexisNexis NZ Limited, Crown Copyright of New Zealand Gazette Office
- Issues from 1841-2008, including the New Munster, New Ulster, and Provincial Gazettes
New Zealand Gazettes by New Zealand Legal Information Institute (note: "NZLII is not the copyright owner in the source documents published on NZLII")
- Issues from 1913-1999
Gazette.govt.nz, Crown copyright / licensed by the Department of Internal Affairs under CC-BY 3.0 NZ
- Issues from 2000-2017

Additional Sources

Wellington City Recollect have made available a comprehensive and excellent-quality scan of the Wellington Provincial Gazette which was used to fill in a number of issues missing from Victoria University's Gazette Archive; in particular, all 1856 issues, issues 22-34 for 1864 and issues 9-19 for 1870.
27 issues of The New Zealand Advertiser and Bay of Islands Gazette (1840) were sourced from Papers Past (public domain).
Gazette Extraordinary No. 1 (1840), held at the Alexander Turnbull Library, Wellington, New Zealand. Imaged by Luke Howison at the National Library reading rooms; PDF released into the public domain.

PDF Icon

The PDF PDF Icon was made by Good Ware, CC BY-SA 4.0.

Masthead

The logo in the header is an edited version of “Winning Coat of Arms Competition Entry, 1908” by Archives New Zealand, CC BY 2.0 (found via Wikipedia).

Who made this?

I'm Luke Howison, a freelance web developer with an interest in genealogy. I have created several websites for genealogical research, such as NZ Ancestor Search Helper.

New Zealand Gazette Index