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New Zealand Gazette – 2005 – No. 147

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✨ Financial Performance and Efficiency Measures

3624

NEW ZEALAND GAZETTE, No. 147

30 AUGUST 2005

Vector Limited

Electricity Lines Business

Financial Performance and Efficiency Measures

For the year ended 31 March 2005

SCHEDULE 1 – PART 3

	2005	2004	2003¹	2002
1 Financial performance measures
a Return on funds	12.8%	13.3%	10.6%	12.4%
b Return on equity	49.0%	77.9%	13.6%	8.8%
c Return on investment	8.2%	8.4%	11.2%	7.4%
2 Efficiency performance measures
a Direct line cost per kilometre	$1,923.80	$1,488.56²	$1,825.05	$2,290.01
b Indirect line cost per consumer	$90.99	$92.02	$118.95	$80.43

¹ The 2003 performance statistics have been calculated using a time-weighted average in accordance with the Electricity (Information Disclosure) Regulations 2000, Regulation 33. Vector Limited was combined with UnitedNetworks Limited in October 2002. One month (October 2002) includes the Eastern region of UnitedNetworks Limited as well as the Northern and Wellington regions of UnitedNetworks Limited.

² Improved information has resulted in Vector reviewing its system lengths for 2004. As a result, the system length and the relevant performance measures and statistics have been restated.

VUW Te Waharoa — NZ Gazette 2005, No 147

Gazette.govt.nz — NZ Gazette 2005, No 147

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✨ LLM interpretation of page content

🏭 Vector Limited's Financial Position (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Performance, Efficiency Measures, Return on Investment, Line Costs, Electricity

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