New Zealand Gazette – 2006 – No. 155

Page 4533

✨ Financial Performance Report



28 NOVEMBER 2006 NEW ZEALAND GAZETTE, No. 155 4533

Vector Limited

Electricity Lines Business

Financial Performance and Efficiency Measures

For the year ended 31 March 2006

SCHEDULE 1 – PART 3

2006 2005 2004 2003
1 Financial performance measures
a Return on funds 13.16% 12.80% 13.30% 10.60%
b Return on equity 349.71% 49.00% 77.90% 13.60%
c Return on investment 8.54% 8.20% 18.40% 11.20%

| 2 Efficiency performance measures |||||
| a Direct line cost per kilometre (including street lighting) | $2,281.87 | $1,923.80 | $1,488.56 | $1,825.05 |
| b Direct line cost per kilometre (excluding street lighting) | $2,949.28 | $2,492.50 | $1,944.18 | $2,024.11 |
| c Indirect line cost per consumer | $79.28 | $90.99 | $92.02 | $118.95 |

1 Revaluation arising from the recalibration of the CDV Handbook is excluded. Including the recalibration the ROI would be 21.9%, however, Vector considers this provides a misleading view of the return on investment for 2004 given the source of the change is a recalibration.



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2006, No 155


Gazette.govt.nz — PDF NZ Gazette 2006, No 155




✨ LLM interpretation of page content

🏭 Vector Limited Financial Statements for the Electricity Lines Business (continued from previous page)

🏭 Trade, Customs & Industry
Vector Limited, Financial Performance, Efficiency Measures, Electricity Lines Business, Return on Funds, Return on Equity, Return on Investment, Direct Line Cost, Indirect Line Cost