New Zealand Gazette – 2008 – No. 30

Page 665

✨ Electricity Industry Performance Measures

Financial and efficiency performance measures for the Line Business

Introduction

The Electricity Information Disclosure Requirements 2004 forms part of the regulatory regime introduced following deregulation of the Electricity Industry.

The Regulations require Electricity Companies that operate a Line Business to publicly disclose in the Gazette and have available on request a variety of information. Included in this disclosure are Financial, Reliability and Efficiency Performance Measures and Statistics.

In order to consistently define these measures to allow comparison between Electricity Companies, the Regulations require a number of adjustments to be made to the Financial Statements. For this reason, the Financial Statements disclosed are not necessarily the basis of information used for calculations in Performance Measures and Statistics.

This information has been prepared solely for the purpose of complying with Parts 3-7 of the Electricity Information Disclosure Requirements 2004 required by the Commerce Act 1986 and is not intended for any other purpose.

Financial performance measures

Rates of return for the Line Business are as follows:

	2007	2006	2005	2004
Return on funds	0.93%	0.94%	0.86%	1.30%
Return on equity	-0.18%	0.23%	-0.01%	0.33%
Return on investment	0.34%	0.70%	0.57%	32.10%

Efficiency performance measures

	2007	2006	2005	2004
Direct line costs per kilometre	$1,733	$1,533	$1,534	$1,746
In-direct line costs per electricity consumer	$48	$35	$39	$44

VUW Te Waharoa — NZ Gazette 2008, No 30

Gazette.govt.nz — NZ Gazette 2008, No 30

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✨ LLM interpretation of page content

🏭 Financial and Efficiency Performance Measures for the Line Business (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsElectricity, Financial Performance, Efficiency Measures, Line Business, Return on Investment, Cost Analysis

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