Financial Performance Measures




FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS

SCHEDULE I – PART 7

DERIVATION TABLE SYMBOL IN FORMULA INPUT AND CALCULATIONS
Operating surplus before interest and more tax adjusted pursuant to regulation 18 (OSBIIT) 5,502,519
Interest on cash, bank balances, and short-term investments a 16,550
OSBIIT minus interest 5,485,689
Net surplus after tax from financial statements 5,502,519
Net surplus after tax adjusted pursuant to regulation 18 (NSAT) b 5,502,519
Amortisation of goodwill and amortisation of other intangibles g 757,020
Subvention payment add
Depreciation of SFA at ODV (3) 3,495,000
Depreciation adjustment s 45,701
CDV depreciation adjustment -5,554
Subvention payment tax adjustment 0
1. Revaluations 0
Income tax 0
Numerator
Fixed assets at end of previous financial year (FAPY) 91,354,718
Fixed assets at end of current financial year (FACY) 92,127,940
Adjusted net working capital at end of previous financial year (ANWCPA) -
Adjusted net working capital at end of current financial year (ANWCCY) 263,754
Adjustment for capitalised interest (ACI) 453,535
Adjusted total funds employed at ATFE (or regulation 3.8 time-weighted average) c 92,099,974
ROF
5,485,689
add 757,020
add 0
add 45,701
deduct -5,554
6,288,410
OSBIIT^a p -
NSAT^b s 6,305,240
OSBIIT^a/g + s/g – 4 6.293.964
9 + 8 + 4
-
ROE
5,502,519
add 757,020
add 0
add 45,701
deduct -5,554
6,305,240
NSAT^b/m – n/g + s/g – 4 6.293.964
9 + 8 + 4
ROI
5,485,689
add 757,020
add 0
add 45,701
deduct -5,554
deduct 0
6,283,406
OSBIIT^a/g – q + r – 4 6.293.964

| Total equity at end of previous financial year (TEPY) | | 104,542.126 |
| Total equity at end of current financial year (TECY) | | 105,049,645 |
| Average total equity (or regulation 3.3 time-weighted average) | k | 104,943,385 |

| WUC at end of previous financial year (WUCY1) | | 848,224 |
| WUC at end of current financial year (WUCY2) | c | 962,086 |
| Average total works under construction | | 905,155 |
| | | deduct. |



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2006, No 161


Gazette.govt.nz PDF NZ Gazette 2006, No 161





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Financial Performance, Efficiency Performance, Return on Funds, Return on Equity, Return on Investment, Direct Line Costs, Indirect Line Costs