New Zealand Gazette – 2005 – No. 23

Page 551

✨ Financial Performance Measures



21 JANUARY 2005
NEW ZEALAND GAZETTE, No. 23
551

FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS

Derivation Table Input and Calculations Symbol in formula ROF ROE ROI
Revaluations 55,410,000 i
Half of revaluations 27,705,000 i/2
Intangible assets at end of previous financial year (IA₀) 88,044,000
Intangible assets at end of current financial year (IA₁) 83,549,000
Average total intangible asset 85,796,500 m
(for regulation 33 time-weighted average)
Subvention payment at end of previous financial year (S₀) 0 0
Subvention payment tax adjustment at end of current financial year 0 0
Subvention payment tax adjustment at end of previous financial year 0 0
Average subvention payment & related tax adjustment 0 0
System fixed assets at end of previous financial year at book value (SFA₀₋₃₀) 276,174,166
System fixed assets at end of current financial year at book value (SFA₀₋₃₁) 253,083,166 f deduct deduct deduct
(for regulation 33 time-weighted average) 279,628,656
Average value of system fixed assets at book value 279,628,656
System Fixed assets at year beginning at ODV value (SFA₀₋₃₀) 223,393,000
System Fixed assets at end of current financial year at ODV value (SFA₀₋₃₁) 285,044,313 h add add add
(for regulation 33 time-weighted average) 254,218,657
Average value of system fixed assets at ODV value 254,218,657
Denominator 265,174,501 ATEF₀₋₃₀ = c - e - f + h ATEF₀₋₃₀ = k - e - m + v - f + h
Financial Performance Measure: 10.10 ROF = OSBIT₀₋₃₀ / ATEF₀₋₃₀ x 100 ROE = NSB₁ / ATEF₀₋₃₀ x 100 ROI = OSBIT₀₋₃₀ / ATEF₀₋₃₀ x 100
73,957,712 237,469,501
33.41

NOTE: System fixed assets at the end of the previous financial year at book value have been amended due to a calculation error

1 = maximum statutory income tax rate applying to corporate entities
subscript ‘1’ = end of the current financial year
subscript ‘0’ = end of the previous financial year
b/v = book value
odv = optimised deprecial valuation
ROF = return on funds
ROE = return on equity



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2005, No 23


Gazette.govt.nz — PDF NZ Gazette 2005, No 23




✨ LLM interpretation of page content

🏭 Financial and Efficiency Performance Measures for Unison Networks - Lines Business (continued from previous page)

🏭 Trade, Customs & Industry
Financial performance, Efficiency measures, Return on funds, Return on equity, Return on investment, Direct line cost, Indirect line cost