✨ Financial Performance Measures Derivation
FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS
SCHEDULE 1 — PART 7
| DERIVATION TABLE | SYMBOL IN FORMULA | ROI | ROE | ROF |
|---|---|---|---|---|
| INPUT AND CALCULATIONS | a | 5,495,847 | 5,405,874 | 5,495,847 |
| Operating surplus before interest and income tax from financial statements | ||||
| OSBIT minus (S17) | b | 89,973 | 3,665,221 | — |
| Net surplus after tax from financial statements | ||||
| Operating surplus before interest and income tax adjusted pursuant to requirement 18 (OSBIT) | c | 5,405,874 | — | 5,405,874 |
| Net surplus after tax adjusted pursuant to Requirement 18 (NSAT) | d | — | 3,665,221 | — |
| Amortisation of goodwill and amortisation of other intangibles | e | 0 | 0 | add |
| Subvention payment | f | 0 | 149,836 | add |
| Depreciation of SFA at BV (x) | g | 149,888 | — | — |
| Depreciation of SFA at ODV (y) | h | 1,452,000 | — | add |
| ODV depreciation adjustment | i | -1,311,112 | 154,112 | add |
| Subvention payment tax adjustment | j | 49,446 | 49,446 | — |
| Interest tax shield | k | -29,071 | — | — |
| Revaluations | l | 4,669,096 | — | — |
| Income tax | m | 1,823,749 | — | — |
| Numerator | N | 5,401,598 | 3,811,499 | OSBIT(A) = a+b+c+d+g |
| h+i+j+k+l-m | ||||
| OSBIT(W) = NSAT(A) = n+g-s-r+i+j | ||||
| = 41,586,851 |
| Fixed assets at end of previous financial year (FA₀) | n | 47,295,884 |
| Adjusted net working capital at end of previous financial year (ANWC₀) | o | -586,152 |
| Adjusted total net working capital employed at end of current financial year (ANWC₁) | p | 276,544 |
| Average total equity at end of current financial year (ATEE) | c | 43,510,019 |
| (or requirement 32) | | |
| Total equity at end of previous financial year (TE₀) | r | 41,917,597 |
| Average total equity | s | 43,585,201 |
| (or requirement 32) | | |
| WUC at end of previous financial year (WUC₀) | t | 45,585,805 |
| WUC at end of current financial year under construction | u | 1,147,927 |
| Average total works under construction | v | 586,587 |
| (WUC) | | |
| Revaluations | e | 586,587 |
| Half of revaluations | f2 | 2,334,548 | deduct | deduct |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2005, No 4
Gazette.govt.nz —
NZ Gazette 2005, No 4
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