β¨ Financial Performance Measures
23 AUGUST 2005
NEW ZEALAND GAZETTE, No. 138
3351
MARLBOROUGH LINES LIMITED - LINES BUSINESS
PERFORMANCE MEASURES AND STATISTICS
Prepared in Accordance with The Electricity Information Disclosure Requirements 2004
REQUIREMENT 14 - FINANCIAL AND EFFICIENCY PERFORMANCE MEASURES
| 2005 | 2004 | 2003 | 2002 | |
|---|---|---|---|---|
| 1. Financial Performance Measures | ||||
| (a) Return on Funds | 2.43% | 1.96% | 0.40% | -2.94% |
| (b) Return on Equity | 1.61% | 1.10% | -0.08% | -2.19% |
| (c) Return on Investment | 1.31% | 28.23% | 5.14% | -4.34% |
| ROI Excluding Revaluations | 1.31% | 0.86% | -0.28% | -4.34% |
Note:
In 2004, Marlborough Lines changed its accounting policy in respect of the recognition of distribution assets vested from consumers, crediting the fair value of these assets together with capital contributions received to the Statement of Financial Performance.
The financial performance measures for 2003 and 2002 years have not been adjusted to reflect this change in accounting policy. Additionally, the performance measures for 2004 have been calculated using opening balances that have not been adjusted for this change.
- Efficiency Performance Measures
| 2005 | 2004 | 2003 | 2002 | |
|---|---|---|---|---|
| (a) Direct Line Costs per Kilometre | $1,082 | $1,005 | $752 | $1,016 |
| (b) Indirect Line Costs per Consumer - including one off acquisition cost | $144 | $117 | $104 $135 |
$101 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2005, No 138
Gazette.govt.nz —
NZ Gazette 2005, No 138
β¨ LLM interpretation of page content
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Financial Performance Measures for Marlborough Lines Limited
(continued from previous page)
π Trade, Customs & IndustryFinancial Statements, Performance Measures, Marlborough Lines, ROF, ROE, ROI