✨ Financial Performance Measures
1 DECEMBER 2006
NEW ZEALAND GAZETTE, No. 162
4719
MARLBOROUGH LINES LIMITED - LINES BUSINESS
PERFORMANCE MEASURES AND STATISTICS
Prepared in Accordance with The Electricity Information Disclosure Requirements 2004
REQUIREMENT 14 - FINANCIAL AND EFFICIENCY PERFORMANCE MEASURES
| 2006 | 2005 | 2004 | 2003 | |
|---|---|---|---|---|
| 1. Financial Performance Measures | ||||
| (a) Return on Funds | 5.90% | 2.43% | 1.96% | 0.40% |
| (b) Return on Equity | 4.94% | 1.61% | 1.10% | -0.08% |
| (c) Return on Investment | 4.60% | 1.31% | 28.23% | 5.14% |
| ROI Excluding Revaluations | 4.60% | 1.31% | 0.86% | -0.28% |
Note:
In 2004, Marlborough Lines changed its accounting policy in respect of the recognition of distribution assets vested from consumers, crediting the fair value of these assets together with capital contributions received to the Statement of Financial Performance.
The financial performance measures for the 2003 year has not been adjusted to reflect this change in accounting policy. Additionally, the performance measures for 2004 have been calculated using opening balances that have not been adjusted for this change.
2. Efficiency Performance Measures
| 2006 | 2005 | 2004 | 2003 | |
|---|---|---|---|---|
| (a) Direct Line Costs per Kilometre | $1,093 | $1,082 | $1,005 | $752 |
| (b) Indirect Line Costs per Consumer - including one off acquisition cost | $163 | $144 | $117 | $135 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2006, No 162
Gazette.govt.nz —
NZ Gazette 2006, No 162
✨ LLM interpretation of page content
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Marlborough Lines Limited Financial Performance Measures
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🏭 Trade, Customs & IndustryFinancial performance, Return on Funds, Return on Equity, Return on Investment, Direct Line Costs, Indirect Line Costs, Accounting policy