✨ Electricity Financial Performance
18 JANUARY 2005
NEW ZEALAND GAZETTE, No. 15
347
DERIVATION TABLE
| INPUT AND CALCULATIONS | SYMBOL IN FORMULA | ROF | ROE | ROI |
|---|---|---|---|---|
| Intangible assets at end of previous financial year (IA₀) | 14,572,694 | |||
| Intangible assets at end of current financial year (IA₁) | 13,815,674 | |||
| Average total intangible asset | 14,194,184 | m | deduct | 14,194,184 |
| Subvention payment at end of previous financial year (S₀) | 0 | |||
| Subvention payment at end of current financial year (S₁) | 0 | |||
| Subvention payment tax adjustment at end of previous financial year | 0 | |||
| Subvention payment tax adjustment at end of current financial year | 0 | |||
| Average subvention payment and related tax adjustment | 0 | y | add | 0 |
| System fixed assets at end of previous financial year at BV (SFABV0) | 91,116,991 | |||
| System fixed assets at end of current financial year at BV (SFABV1) | 90,999,769 | |||
| Average value of system fixed assets at BV | 91,058,380 | f | deduct | 91,058,380 |
| System Fixed assets at year beginning at ODV value (SFAODV0) | 66,709,000 | |||
| System Fixed assets at end of current financial year at ODV value (SFAODV1) | 91,372,000 | |||
| Average value of system fixed assets at ODV value | 79,040,500 | h | add | 79,040,500 |
| Denominator | ||||
| Financial Performance Measure | ||||
| 80,032,018 | 81,365,913 | |||
| A1PEADJ = c-e-f-h | Ave TEADJ = k-e-m+v-f-h | |||
| 6.17 | 6.08 | |||
| ROF=ONBITADJ÷A1PEADJ × 100 | ROE=NSA1ADJ÷A1PEADJ × 100 | |||
| 67,979,518 | ||||
| ATFEADJ = c-e-½v-f-h | ||||
| 42.72 | ||||
| ROI=ONBITADJ÷ATFEADJ × 100 |
- t = maximum statutory income tax rate applying to corporate entities
- subscript '0' = end of the previous financial year
- subscript '1' = end of the current financial year
- BV = book value
- odv = optimised deprival valuation
- ROF = return on funds
- ROI = return on investment
- ave = average
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2005, No 15
Gazette.govt.nz —
NZ Gazette 2005, No 15
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