New Zealand Gazette – 2005 – No. 15

Page 345

✨ Electricity Financial Disclosure

OTAGONET JOINT VENTURE LINES BUSINESS

FINANCIAL AND EFFICIENCY PERFORMANCE MEASURES

PURSUANT TO REQUIREMENT 14 OF THE ELECTRICITY INFORMATION DISCLOSURE REQUIREMENTS 2004, SCHEDULE 1 PART 3

Financial Performance Measures

	2004	2003
Return on Funds	6.17%	5.09%
Return on Equity	6.08%	5.03%
Return on Investment	42.72%	31.21%
Return on Investment (excluding revaluation)	6.17%	5.11%

Efficiency Performance Measures

	2004	2003
Direct Line Costs per Kilometre	$534	$398
Indirect Line Costs per Electricity Customer	$33	$16

Financial and Efficiency Performance Measures for 2002 and 2001 are not included as the network was under the ownership of Otago Power Limited until 1 July 2002. Accordingly, the information disclosed for 2003 is for a nine month period only.

VUW Te Waharoa — NZ Gazette 2005, No 15

Gazette.govt.nz — NZ Gazette 2005, No 15

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

🏭 Disclosure of Information pursuant to Electricity Information Disclosure Requirements 2004 (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsElectricity, Financial Performance, Efficiency Measures, Return on Investment, Direct Line Costs, Indirect Line Costs, Otago Power Limited

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