New Zealand Gazette – 2005 – No. 9

Page 210

✨ Financial Performance Measures



210

NEW ZEALAND GAZETTE, No. 9

17 JANUARY 2005

SCHEDULE 1 - PART 7

FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS

Derivation Table Input and Calculations Symbol in formula ROF ROE ROI
Revaluations 22,424 r
Half of revaluations 11,212 r/2
Intangible assets at end of previous financial year (IA₀) 0 0
Intangible assets at end of current financial year (IA₁) 0 0
Average total intangible asset (or regulation 33 time-weighted average) m add deduct
Subvention payment at end of previous financial year (S₀) 0 0
Subvention payment at end of current financial year (S₁) 0 0
Subvention payment tax adjustment at end of previous financial year 0 0
Subvention payment tax adjustment at end of current financial year 0 0
Average subvention payment & related tax adjustment f
System fixed assets at end of previous financial year at book value (SFA₀^BV) 111,667 0 deduct
System fixed assets at end of current financial year at book value (SFA₁^BV) 138,323 0
Average value of system fixed assets at book value (or regulation 33 time-weighted averages) k = (i + j) / 2 124,998 124,998 124,998
System Fixed assets at year beginning at ODV value (SFA₀^ODV) 111,826 0
System Fixed assets at end of current financial year at ODV value (SFA₁^ODV) 135,038 0
Average value of system fixed assets at ODV value (or regulation 33 time-weighted average) n = (l + m) / 2 123,362 123,362 123,362
Denominator
Financial Performance Measure: ROF = OSBIT^ADJ / ATFE^ADJ × 100 ROE = NSAT^ADJ / ATFE^ADJ × 100 ROI = OSBIT^ADJ / ATFE^ADJ × 100
Ave TE^ADJ = c - e - m + v - f + h 6.7 4.8
ATFE^ADJ = c - e - m + v - f + h 130,021 134,057
118,809
24.1

Note: t = maximum statutory income tax rate applying to corporate entities
bv = book value
ave = average
subscript '0' = end of the previous financial year
subscript '1' = end of the 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 9


Gazette.govt.nz — PDF NZ Gazette 2005, No 9




✨ LLM interpretation of page content

🏭 Disclosure of Financial Performance Measures under Electricity Information Disclosure Requirements 2004 (continued from previous page)

🏭 Trade, Customs & Industry
17 January 2005
Electricity, Financial Performance, ROF, ROE, ROI, Revaluations, System Fixed Assets