New Zealand Gazette – 2006 – No. 171

Page 4963

✨ Electricity Financial Performance Measures



13 DECEMBER 2006

NEW ZEALAND GAZETTE, No. 171

4963

CENTRALINES LIMITED - Lines Business

Electricity Disclosure Requirements 2004 - Requirement 15 Form for the Derivation of Financial Performance Measures from Financial Statements

Calculations Numerator
(a) (n) (g) (s) (d) (s') (a') (p) (k) (FA) (TE) (ATFE)
Operating surplus before interest and income tax from financial statements 2,789 32,851 32,335 35,778
Operating surplus pursuant to regulation 18 (OSBITT) adjusted pursuant to regulation 18: short-term investments on cash, bank balances, and short-term investments (STI) 2,789
OSBIT minus STI 128
Net surplus after tax from financial statements (NSAT') 2,641 1,830
Amortisation of goodwill and amortisation of other intangibles
Subvention payment 1,501
Depreciation of SFA at BV (x) 0
Depreciation of SFA at ODV (y) 0
COV depreciation payment adjustment -42
Subvention payment tax shield
Revaluations 939
Income tax

| Numerator | | | | | | | | | | 1,830 | | | |
| | | | | | | | | | | OSBITA = a + g + s + d | | |
| | | | | | | | | | | 2,641 | | |

| Fixed assets at end of previous financial year (FAₚ) | | | | | | | | | 31,922 |
| Adjusted net working capital at end of previous financial year (ANWCₚ) | | | | | | | | | (37) |
| Adjusted net working capital at end of current financial year (ANWCᵢ) | | | | | | | | | 436 |
| Average total funds employed (ATFE) | | | | | | | | | 32,335 |
| Total equity at end of previous financial year (TEₚ) | | | | | | | | | 34,897 |
| Total equity at end of current financial year (TEᵢ) | | | | | | | | | 35,778 |

Derivation of Financial Performance Measures

ROF:

Net Surplus after tax adjusted pursuant to regulation 18

  • (NSAT') = 2,641

ROE:

Operating surplus before interest and income tax (OSBIT) = 2,641

OSBITA = a + g + s + d = 2,641

OSBITAADJ = a + g + s + d + s' + a' - p
= 1,830 + 0 + 0 - 939
= 891

DU = a + g + q + r + s - d - p

ROE = (OSBITAADJ / ATFE) * 100
= 32.335



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2006, No 171


Gazette.govt.nz — PDF NZ Gazette 2006, No 171




✨ LLM interpretation of page content

🌾 Centralines Limited Financial Performance Measures (continued from previous page)

🌾 Primary Industries & Resources
Electricity, Financial Performance, ROF, ROE, OSBIT, OSBITA, OSBITAADJ, DU, Centralines Limited