✨ Financial Performance Measures
FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS
SCHEDULE 1 - PART 7
| Derivation Table | Symbol in formula | Formula | Input and Calculations |
|---|---|---|---|
| Operating surplus before interest and income tax from core operating activities | 12.0564 | 12.0564 | |
| Charging surpluses before interest and income tax adjusted pursuant to regulation 16 (OSBIT1) | a | 12.0564 | |
| Current tax on cash, bank balances, and short-term investments (S7) | b | 0 | |
| OSBIT minus IS71 | c | a - b | 12.0564 |
| Net surplus after tax from financial statements | 5.12685 | ||
| Amortisation of goodwill and amortisation of other intangibles | d | 9.2456 | |
| e | 0 | ||
| Depreciation of SFA at BV (%) | f | 3.7703 | |
| Depreciation at SFA at ODV (%) | g | 3.7703 | |
| ODV depreciation adjustment | add | ||
| Subvention payment tax adjustment | h | 0 | |
| Revaluations | i | 2.652 | |
| Income tax | j | 0 | |
| Numerator | OSBIT = a + e + g + i | 23.7241 | |
| Fixed assets at end of previous financial year (FAₚ) | 210.2061 | ||
| Adjusted net working capital at end of previous financial year (ΔNWCₚ) | k | 2.04 | |
| Adjusted total funds employed (ATFEₚ) | FAₚ + ΔNWCₚ | 212.2461 | |
| Total equity at end of current financial year (TE) | 179.9944 | ||
| Total equity at end of previous financial year (TEₚ) | l | 151.1985 | |
| Average total equity (ATE) | (TE + TEₚ)/2 | 165.5965 | |
| ROI | |||
| OSBIT formula | OSBIT / ATE | 9.42% | |
| ROE | |||
| Net surplus after tax from financial statements | 5.12685 | ||
| 0 | |||
| NSAT formula | NSAT / ATE | 3.1% | |
| NSAT = a - g - i + j + k + l + d | 12.085 | ||
| m | 179.9944 | ||
| n | |||
| Equity at end of current financial year | o | 190.3805 | |
| Equity at end of previous financial year (Eₚ) | p | 169.2634 | |
| Average equity (AE) | (E + Eₚ)/2 | 179.822 | |
| ROE formula | (NSAT / AE) x 100 | 6.72% |
| (for regulation 32 time-weighted average) | x | | 4.31 |
| Total assets at end of current financial year (TFA) | | | 218.3263 |
| (for regulation 32 time-weighted average) | | | 195.3545 (average) |
| VWC at end of previous financial year (VWCₚ) | | | 2.1504 |
| Average total works under construction (WUC) | q | | 1.5594 |
| (for regulation 32 time-weighted average) | | | |
Note: Columns are read top-to-bottom, left-to-right following the original structure of the page.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2008, No 11
Gazette.govt.nz —
NZ Gazette 2008, No 11
✨ LLM interpretation of page content
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Disclosure of Financial Performance Measures Under the Electricity Information Disclosure Requirements 2004
(continued from previous page)
🏭 Trade, Customs & IndustryFinancial Performance, Measures, Electricity, Disclosure, Operating Surplus, Tax Adjustments, Depreciation, Revaluations, ROI, ROE