New Zealand Gazette – 2008 – No. 11

Page 299

✨ Financial Performance Measures



28 JANUARY 2008

NEW ZEALAND GAZETTE, No. 11

299

SCHEDULE 1 - PART 7

FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS

Derivation Table Input and Calculations Symbol in formula ROF ROE ROI
Revaluations
Half of revaluations 51,057 r
Intangible assets at end of previous financial year (IAₜ) 25,529 IAₜ
Intangible assets at end of current financial year (IAₜ₊₁) IAₜ₊₁
Average total intangible asset (IAₜ + IAₜ₊₁) / 2
Subvention payment at end of previous financial year (Sₜ) 0 Sₜ 0 0 0
Subvention payment at end of current financial year (Sₜ₊₁) 0 Sₜ₊₁
Subvention payment tax adjustment at end of previous financial year 0
Subvention payment tax adjustment at end of current financial year 0
Average subvention payment & related tax adjustment (or regulation 32 time-weighted average)
System fixed assets at end of previous financial year at book value (SFABVₜ) 144,039 SFABVₜ
System fixed assets at end of current financial year at book value (SFABVₜ₊₁) 200,271 SFABVₜ₊₁
Average value of system fixed assets at book value (or regulation 32 time-weighted average)
System fixed assets at end of current financial year at ODV value (SFADVₜ₊₁) 141,682 SFADVₜ₊₁
System fixed assets at year beginning at ODV value (SFADVₜ) 145,348 SFADVₜ
Average value of system fixed assets at ODV value (or regulation 32 time-weighted average)
Denominator
Financial Performance Measure:
ATFEAC = r - o - f + h 172,155 172,155 172,155 172,155
deduct deduct deduct deduct
Ave TEAC = k - e - m + v - f + h 148,750
add add add add
ATFEAC = 143,515 143,515 143,515 143,515 143,515
ROF = O5B1fAC / ATFEAC × 100 8.1 8.1
ROE = NSATAC / ATFEAC × 100 5.9 5.9
ROI = O9B1fAC / ATFEAC × 100 7.6 7.6

t = maximum statutory income tax rate applying to corporate entities
AC = adjusted capital
Subscript 't' = end of the current financial year
Subscript 't-1' = end of the previous financial year
BV = book value
ODV = optimised depreval valuation
ROF = return on funds
ROE = return on equity
ROI = return on investment



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2008, No 11


Gazette.govt.nz — PDF NZ Gazette 2008, No 11




✨ LLM interpretation of page content

🏭 Disclosure of Financial Performance Measures Under the Electricity Information Disclosure Requirements 2004 (continued from previous page)

🏭 Trade, Customs & Industry
Financial Performance, Measures, Electricity, Disclosure, Operating Surplus, Tax Adjustments, Depreciation, Revaluations, ROI, ROE