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 PDF NZ Gazette 2006, No 166


Gazette.govt.nz PDF NZ Gazette 2006, No 166





✨ LLM interpretation of page content

🏗️ Electricity Network Reliability Performance Measures (continued from previous page)

🏗️ Infrastructure & Public Works
Electricity, Network Reliability, Interruptions, Fault Restoration, Performance Targets

💰 Derivation of Financial Performance Measures from Financial Statements

💰 Finance & Revenue
Financial Performance, ROI, ROE, ROF, Operating Surplus, Total SFA, Depreciation, Income Tax