New Zealand Gazette – 2008 – No. 33

Page 772

✨ Financial Performance Measures



WESTPOWER LIMITED - LINES BUSINESS

SCHEDULE 1 - PART 7

FORM FOR THE DERIVATION OF FINANCIAL MEASURES: PROFORMA FINANCIAL STATEMENTS

FOR THE YEAR ENDED AT END OF CURRENT FINANCIAL YEAR (WUC(i))

a b (c) c (d) d e f g h i
Average total works under construction Revaluations Half of innovations Intangible assets at end of previous financial year (FAo) Intangible assets at end of current financial year (FAi) Subvention payment at end of previous financial year ($) Subvention payment tax adjustment at end of current financial year Subvention payment tax adjustment at end of current financial year System fixed assets at end of previous year as book value (SFAoBV) System fixed assets at end of current financial year as book value (SFAiBV)
--- ---: :---: ---: ---: :---: :---: ---: ---: ---:
7.761 3,881 3,881 73,850 87,701
deduct deduct deduct
3,881 80,701
3,881
3,881
add add 76,792
76,808 76,792
add deduct 75,705
78,782 80,701
79,705
--- --- --- --- --- --- --- --- --- ---
Financial performance measure 3,280 15.40%
ROI² (return on equity at end of previous financial year) 14.67% ROE³ = return on equity
  1. Maximum statutory income tax rate applying to corporate entities. ROI = formula set out in schedule 11
  2. ROI = book value, ave = average. ROI is optimised depreciation resolution; subject to the 80% floor on useful life
  3. ROE = return on equity


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2008, No 33


Gazette.govt.nz — PDF NZ Gazette 2008, No 33




✨ LLM interpretation of page content

🏭 Westpower Limited Financial Performance Measures (continued from previous page)

🏭 Trade, Customs & Industry
Financial Performance, Operating Surplus, Interest, Depreciation, Amortisation, Revenues, Westpower Limited