✨ Financial Performance Measures
Form for the Derivation of Financial Performance Measures from Financial Statements
Schedule 1 – Part 7
| Derivation Table | Symbol in formula | Input and Calculations | ROI | ROE | ROF |
|---|---|---|---|---|---|
| Operating surplus before interest and income tax from financial statements | a | 8,996 / 74 | 6,414.174 | 4,699.808 | 6,414.174 |
| Total SFA at BV (x) | b | 6,993 | |||
| One-off cash, bank balances, and income tax adjusted pursuant to regulator (OSBR 11) | c | 5,568,000 | |||
| OSBIT minus IST | d | 8,414.174 | |||
| Net surplus after tax from financial statements | e | 4,908.174 | |||
| Amortisation of goodwill and amortisation of intangible assets | f | (a) | |||
| Subvention payment | g | (b) - (c) | |||
| Depreciation of SFA at ODV (x) | h | 4.13 / 0.61328 | |||
| ODV depreciation adjustment | i | -202.365 | |||
| Subvention payment tax adjustment | j | ||||
| Interest tax shield | k | ||||
| Deferred tax | l | -202.365 | |||
| Revaluations | m | 173.269 | |||
| Income tax | n | -92.092 | |||
| Numerator | o | 2,387.000 | |||
| Fixed assets at end of previous financial year (FA i) | p | 126,326.743 | |||
| Adjusted net working capital at end of previous financial year (ANWC i) | q | 130.163.302 | |||
| Adjusted total funds employed | r | 493.390 | |||
| Average total funds employed (ATFE) | s | 482.004 (regulation 33 times weighted averages) | |||
| Total equity at end of previous financial year (TE i) | t | 128,720.989 | |||
| Average total equity | u | 136,874.444 (regulation 33 times weighted averages) | |||
| WUC at end of previous financial year (WUC i) | v | 185.279.444 | |||
| WUC at end of current financial year | w | 1,842.632 | |||
| Average total works under construction | x | 1,935.000 (regulation 33 times weighted averages) | |||
| y | 1,588.786 (weighted average) |
ROI
| Symbol | Calculation |
|---|---|
| a | add |
| b | add |
| c | deduct |
| d | - |
| e | 6,414.174 |
| f | 4,699.808 |
| g | 202.365 |
| h | - |
| i | deduct |
| j | - |
| k | -92.092 |
| l | 2,387.000 |
| 4.0 (6,388) |
ROE
| Symbol | Calculation |
|---|---|
| a | add |
| b | add |
| c | add |
| e | deduct |
| 4,699.808 | |
| NSAT = n ÷ g (e = + j - l) |
ROF
| Symbol | Calculation |
|---|---|
| a | add |
| b | add |
| c | add |
| e | 6,414.174 |
| f | 202.365 |
| g | - |
| h | 6,211.808 |
| i | deduct |
| j | OSBIT – l = g ÷ (i + 3 + 4) |
| k | 128,730.369 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2006, No 166
Gazette.govt.nz —
NZ Gazette 2006, No 166
✨ LLM interpretation of page content
🏗️
Electricity Network Reliability Performance Measures
(continued from previous page)
🏗️ Infrastructure & Public WorksElectricity, Network Reliability, Interruptions, Fault Restoration, Performance Targets
💰 Derivation of Financial Performance Measures from Financial Statements
💰 Finance & RevenueFinancial Performance, ROI, ROE, ROF, Operating Surplus, Total SFA, Depreciation, Income Tax