✨ Gas Transmission Performance Measures
3448
NEW ZEALAND GAZETTE, No. 132
30 NOVEMBER 2007
NGC HOLDINGS LIMITED
GAS TRANSMISSION ACTIVITIES
FINANCIAL AND EFFICIENCY PERFORMANCE MEASURES
FOR THE YEAR ENDED 30 JUNE 2007
| 2007 | 2006 | 2005 | 2004 | |
|---|---|---|---|---|
| 1. FINANCIAL PERFORMANCE MEASURES | ||||
| a Accounting return on total assets | 10.8% | 8.4% | 10.1% | 9.1% |
| b Accounting return on equity | 15.6% | 4.8% | 7.8% | 7.2% |
| c Accounting rate of profit * | 7.1% | **7.0% | 6.4% | 8.1% |
In 2004 the revaluation of the Vector transmission pipelines was increased by $9.4 million. Excluding the $9.4 million, the accounting rate of profit would be reduced from 8.1% to 6.0%
Re-disclosed due to restated cash tax.
2. EFFICIENCY PERFORMANCE MEASURES
| 2007 | 2006 | 2005 | 2004 | |
|---|---|---|---|---|
| a Direct line costs per kilometre | $3,239 | $4,810 | $3,880 | $3,830 |
| b Indirect line costs per gas customer | $1,119,079 | $1,263,156 | $997,847 | $1,114,763 |
ENERGY DELIVERY EFFICIENCY PERFORMANCE MEASURES AND STATISTICS
FOR THE YEAR ENDED 30 JUNE 2007
3. LOAD FACTOR
| System | 2007 | 2006 | ||||
|---|---|---|---|---|---|---|
| Gas Into System [a] (GJ p.a.) | Max. Monthly Quantity [b] (GJ/month) | Load Factor % a × 100 12 × b | Gas Into System [a] (GJ p.a.) | Max. Monthly Quantity [b] (GJ/month) | Load Factor % a × 100 12 × b | |
| North & Central | 56,513,361 | 6,043,308 | 77.93 | 60,848,748 | 5,728,319 | 88.52 |
| Bay of Plenty | 10,212,588 | 1,072,961 | 79.32 | 11,386,661 | 1,134,147 | 83.67 |
| Frankley Rd – Kapuni | 17,253,226 | 2,161,470 | 66.52 | 22,405,091 | 2,290,168 | 81.53 |
| South | 10,909,282 | 1,242,523 | 73.17 | 11,067,829 | 1,289,209 | 71.54 |
| Total | 94,888,457 | 105,708,329 |
| System | 2005 | 2004 | ||||
|---|---|---|---|---|---|---|
| Gas Into System [a] (GJ p.a.) | Max. Monthly Quantity [b] (GJ/month) | Load Factor % a × 100 12 × b | Gas Into System [a] (GJ p.a.) | Max. Monthly Quantity [b] (GJ/month) | Load Factor % a × 100 12 × b | |
| North & Central | 54,227,789 | 5,168,202 | 87.44 | 53,865,697 | 5,156,560 | 87.05 |
| Bay of Plenty | 12,346,173 | 1,232,461 | 83.48 | 12,339,539 | 1,217,125 | 84.49 |
| Frankley Rd – Kapuni | 16,282,358 | 2,123,607 | 63.89 | 16,365,424 | 1,944,392 | 70.14 |
| South | 11,333,608 | 1,277,991 | 73.90 | 12,107,703 | 1,265,331 | 79.74 |
| Total | 94,189,928 | 94,678,363 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2007, No 132
Gazette.govt.nz —
NZ Gazette 2007, No 132
✨ LLM interpretation of page content
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Notes to the Financial Statements
(continued from previous page)
💰 Finance & RevenueFinancial statements, Performance measures, Gas transmission, Accounting returns, Efficiency metrics