New Zealand Gazette – 2005 – No. 28

Page 693

✨ Electricity Financial Performance Measures



CENTRALINES LIMITED - LINES BUSINESS

Electricity Information Disclosure Requirements 2004 - Requirement 15 Form for the Derivation of Financial Performance Measures from Financial Statements

Input and Calculations Symbol in formula ROF ROE ROI
1,502 1,502 1,502
OSBIT minus STI add add
Operating surplus before interest and income tax from financial statements (OSBIT) 1,683
Interest on cash, bank balances, and short-term investments (STI) 182
1,675 1,675
Net surplus after tax adjusted pursuant to regulation 18 (NSAT) - add
Amortisation of goodwill and amortisation of other intangibles 1,038
Depreciation of SFA at BV (k) 925
Subvention payment -
ODV depreciation adjustment 113 (a) add
113
- add
Statutory payment tax adjustment -
5,906 5,906 59
Interest tax shield (59) (d) deduct deduct
5 5
Revaluations r
7,574 7,574 1,788
Incometax t
Numerator: OSBITADJ = a - g + j + i - k - d - t NSATADJ = a + g + i + j - t + h OSBITADJ = a - g + i + j - d - t
Fixed assets at end of current financial year (FAo) 25,368
Adjusted net working capital at end of previous financial year (ANWCp) 32,150
Adjusted net working capital at end of current financial year (ANWCo) 1,536
Average total funds employed (ATFE) 29,883
Total equity at end of previous financial year (TEp) 28,783
Total equity at end of current financial year (TEo) 34,003
Average total equity (WUCEq) 31,393
WUC at end of previous financial year (WUCp) 22

Definitions:

  • Operating surplus before interest and income tax (OSBIT): From financial statements.
  • Interest on cash, bank balances, and short-term investments (STI).
  • Net surplus after tax from financial statements: Adjusted as per regulation 18.
  • Amortisation of goodwill and amortisation of other intangibles.
  • Depreciation of SFA at BV (k).
  • ODV depreciation adjustment: Adjustment noted in the formula.
  • Statutory payment tax adjustment.
  • Interest tax shield: Calculated as per formula.
  • Revaluations (r).
  • Incometax (t).


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2005, No 28


Gazette.govt.nz — PDF NZ Gazette 2005, No 28




✨ LLM interpretation of page content

🏭 Centralines Limited Reliability Performance Measures (continued from previous page)

🏭 Trade, Customs & Industry
Electricity, Financial Performance, Revenue, Expenditure, Centralines Limited