New Zealand Gazette – 2005 – No. 25

Page 617

✨ Financial Performance Measures



21 JANUARY 2005

NEW ZEALAND GAZETTE, No. 25

617

WESTPOWER LIMITED - LINES BUSINESS

SCHEDULE 1 - PART 7

FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS
WUC at end of current financial year (WUC(_1))
Average total works under construction e deduct
Revaluations 6,631 r
Half of revaluations 3,316 r/2 deduct 3,316
Intangible assets at end of previous financial year (IA(_0)) -
Intangible assets at end of current financial year (IA(_1)) -
Average total intangible asset m deduct
Subvention payment at end of previous financial year (S(_0)) -
Subvention payment at end of current financial year (S(_1)) -
Subvention payment tax adjustment at end of previous financial year -
Subvention payment tax adjustment at end of current financial year -
Average subvention payment and related tax adjustment v add
System fixed assets at end of previous year at book value (SFA(_{bv0})) 54,799
System fixed assets at end of current financial year at book value (SFA(_{bv1})) 60,667
Average value of system fixed assets at book value 57,733 f deduct 57,733 deduct 57,733
System fixed assets at year beginning at ODV value (SFA(_{odv0})) 54,799
System fixed assets at end of current financial year at ODV value (SFA(_{odv1})) 63,643
Average value of system fixed assets at ODV value 59,221 h add 59,221 add 59,221
Denominator 60,836 59,119
ATFE(^{odv})=(_{e-f+h}) AveTE(^{odv})=(_{e-m+v-f+h})
Financial performance measure 6.34% 4.47%
ROF=OSBIT(^{(re)})/ATFE(^{odv}) x 100 ROE=NSAT(^{(re)})/AveTE(^{odv}) x 100

t = maximum statutory income tax rate applying to corporate entities bv = book value ave = average odv = optimised deprival valuation, subscript '0' = end of previous financial year
subscript '1' = end of current financial year ROF = return on funds ROE = return on equity ROI = return on investment



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2005, No 25


Gazette.govt.nz — PDF NZ Gazette 2005, No 25




✨ LLM interpretation of page content

🏭 Westpower Limited Performance Measures (continued from previous page)

🏭 Trade, Customs & Industry
Energy Delivery, Financial Performance, ROF, ROI, Operating Surplus