✨ Financial Performance Measures
FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS
SCHEDULE 1 - PART 7
| Derivation Table | Symbol in Formula | Input and Calculations |
|---|---|---|
| Operating surplus before interest and income tax from financial statements (OSBIT) | 23,664,214 | |
| Operating surplus before interest and income tax adjusted pursuant to regulation 18 (OSBIT(T)) | 23,054,214 | |
| Interest on cash, bank balances, and short-term investments (IST) | 91,020 | |
| OSBIT minus IST | a | 22,967,214 |
| Net surplus after tax from financial statements | n | 10,977,422 |
| Amortisation of goodwill and amortisation of other intangibles | o | 4,494,890 |
| Subvention payment | 0 | |
| Depreciation of SFA at BV (%) | 0 | |
| COV depreciation adjustment | 11,163,060 | |
| Subvention payment tax adjustment | -667,897 | |
| Silo/tower rates adjustment | 0 | |
| Revaluations | 4,149,242 | |
| Income tax | -1,613,987 | |
| Numerator | 25,794,128 | |
| Fixed assets at end of previous financial year (F(A-1)) | 253,965,080 | |
| Fixed assets at end of current financial year (F(A)) | 296,700,000 | |
| Adjusted net working capital at end of previous financial year (ANWC(-1)) | -849,000 | |
| Adjusted net working capital at end of current financial year (ANWC) | 2,943,090 | |
| Average total funds employed (ATFE) | c | 253,949,000 |
| Total equity at end of previous financial year (TE(-1)) | 184,889,959 | |
| Total equity at end of current financial year (TE) | 195,472,711 | |
| Average total equity | k | 190,181,335 |
| WUC at end of previous financial year (MUC(-1)) | 5,368,060 | |
| WUC at end of current financial year (MUC) | 5,384,500 | |
| Average WUC (33 time-weighted average) | e | 5,384,500 |
ROI
| Formula | ||
|---|---|---|
| (a) | 22,967,214 | |
| n | ||
| o | add | |
| - | add | |
| 10,977,422 | ||
| add | ||
| 4,494,890 | ||
| d | add | |
| 0 | ||
| e | 0 | |
| f | add | |
| 0 | ||
| g | deduct | |
| -667,897 | ||
| h | 0 | |
| i | add | |
| 4,492,242 | ||
| j | deduct | |
| -1,613,987 | ||
| OSBIT(T) = a + n + o - d + e + f + g - h + i + j | 22,967,214 | |
| CIS(SIT) = p + q + r - s | 14,504,238 | |
| ROI = OSBIT(T) ÷ c | 73.328% |
ROE
| Formula | ||
|---|---|---|
| (a) | 22,967,214 | |
| n | ||
| o | add | |
| 10,977,422 | ||
| add | ||
| 4,494,890 | ||
| d | add | |
| 0 | ||
| e | 0 | |
| f | add | |
| 0 | ||
| g | deduct | |
| -667,897 | ||
| h | 0 | |
| i | add | |
| 4,492,242 | ||
| j | deduct | |
| -1,613,987 | ||
| NSAT(T) = n + o - s + t | 14,504,238 | |
| ROE = NSAT(T) ÷ k | 7.63% |
ROF
| Formula | ||
|---|---|---|
| (a) | 22,967,214 | |
| n | ||
| o | add | |
| 10,977,422 | ||
| add | ||
| 4,494,890 | ||
| d | add | |
| 0 | ||
| e | 0 | |
| f | add | |
| 0 | ||
| g | deduct | |
| -667,897 | ||
| h | 0 | |
| i | add | |
| 4,492,242 | ||
| j | deduct | |
| -1,613,987 | ||
| OSBIT = a + o - d + g + i + j | 25,794,128 | |
| ROF = OSBIT ÷ e | 479.6% |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2005, No 23
Gazette.govt.nz —
NZ Gazette 2005, No 23
✨ LLM interpretation of page content
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Financial and Efficiency Performance Measures for Unison Networks - Lines Business
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