Financial Measures Table




14 JANUARY 2005

NEW ZEALAND GAZETTE, No. 3

Symbol in formula Input & calculations ROI ROE ROF
Fixed Assets at end of previous financial year (FAp) 167,087
Fixed Assets at end of current financial year (FAi) 188,189
Adjusted Net Working Capital at end of previous financial year (ANWCo) 91 (13,285)
Adjusted Net Working Capital at end of current financial year (ANWCi) c = (FA0+FA1+ANWC0+ANWCi)/2 171.041 167.678 171.041
Average total funds employed (ATFE) 158,368
Total Equity at end of previous financial year (TE0) 176,988
Total Equity at end of current financial year (TE1) k =(TE0+TE1)/2 167.678
Average total equity (TEa) 1,776
Works under construction at end of previous financial year (WUC0) 473
Works under construction at end of current financial year (WUC1) e =(WUC0+WUC1)/2 1,125 1,125 1,125
Average Total Works under construction (WUCa) 19,643
Revaluations 1/2
Intangible assets at end of previous financial year (IA0) m = (IA0+IA1)/2 9,822
Intangible assets at end of current financial year (IA1)
Average Total Intangible asset
Subvention payment for previous financial year (S0) =S0*
Subvention payment for current financial year (S1) =(S0+S1(1-t))/2
Subvention payment tax adjustment for previous financial year v
Subvention payment tax adjustment for current financial year
Average subvention payment & related tax adjustment
System Fixed assets at end of previous financial year at book value (SFAbv0) f = (SFAbv0+SFAbv1)/2 173.316 173.316
System Fixed assets at end of current financial year at book value (SFAbv1) 184,868
Average value of system fixed assets at book value (SFAbva) 161,763
System Fixed assets at end of previous financial year at ODV value (SFAodv0) h = (SFAodv0+SFAodv1)/2 175.628 175.628
System Fixed assets at end of current financial year at ODV value (SFAodv1) 182,495
Average value of system fixed assets at ODV value (SFAodva) 168,865 162.407
Denominator (as adjusted) 9.9%
Financial Performance Measure: 18.6% 6.5%

Key:

  • t – maximum statutory income tax rate applying to corporate entities;
  • bv – book value;
  • ave – average;
  • ODV – optimised deprival valuation/adjustment;
  • ROI – return on investment;
  • ROE – return on equity;
  • ROF – return on funds.

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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2005, No 3


Gazette.govt.nz PDF NZ Gazette 2005, No 3





✨ LLM interpretation of page content

💰 Form for Derivation of Financial and Efficiency Measures (continued from previous page)

💰 Finance & Revenue
Financial Measures, Efficiency Measures, Operating Surplus, Interest, Depreciation, ROI, ROE, ROF