New Zealand Gazette – 2008 – No. 43

Page 1259

✨ Financial Performance Measures



PERFORMANCE MEASURE CALCULATIONS INCLUDING DISCOUNT

SCHEDULE 1 - PART 7

FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS

DERIVATION TABLE SYMBOL IN FORMULA INPUT AND CALCULATIONS
Operating surplus before interest and income tax from financial statements 4,415,609
Operating surplus before interest and income tax adjusted pursuant to regulation 8 (ROSBIT) 4,415,609
Interest on cash, bank balances, and short-term investments (RIT) 0
ROSBIT minus RIT 4,415,609
Net surplus after tax from financial statements a 2,048,524
Net surplus after tax adjusted pursuant to regulation 18 (NSAT) 4,415,609
Amortisation of goodwill and amortisation of other intangibles 0
Subvention payment 9,644,547
Depreciation of SPA at BV (S) b 9,877,080
ODV depreciation adjustment -142,453
Subvention payment tax adjustment c 0
Interest tax shield 99,699
Revaluations 2,064,993
Income tax d 0
Fixed assets at end of previous financial year (FA0) 212,954,396
Adjusted net working capital at end of previous financial year (ANWC1) 257,506,497
Adjusted total capital at end of current financial year e 4,273,156
Average total funds employed (ATFE) 233,374,607
(or regulation 33 time-weighted average) (or regulation 33 time-weighted average)
Total equity at end of previous financial year (TE0) f 209,923,510
Total equity at end of current financial year (TE1) g 243,559,245
Average total equity h 227,757,898
(on regulation 33 time-weighted average) (on regulation 33 time-weighted average)
WUC at end of previous financial year (WUC0) 6,870,958
WUC at end of current financial year (WUC1) i 8,560,394
Average total WUC 8,215,676
(or regulation 33 time-weighted average) (or regulation 33 time-weighted average)
Revaluations 0
Half of revaluations 0
Intangible assets at end of current financial year (IA1) j 0
Intangible assets at end of previous financial year (IA0) 0
Average total intangible assets 0
(or regulation 33 time-weighted average) 0
Subvention payment at end of previous financial year (SA) 19,273
Subvention payment tax adjustment at end of previous financial year (S) m 6,360
ROI ROE ROF
4,415,609
add
add
3rd
0 0 add
0 2,048,524 2,048,524
add add add
4,415,609
464
add add
0 0 -142,453
deduct deduct
99,699
add
95,699 95,699
add add
0 0 2,064,993
add
1,906,071 4,273,156
2,108,472
deduct
233,377,970 233,377,970
deduct
227,757,898
deduct
8,215,676 8,215,676
deduct
0 add
0 0 0
8.21% 8.21%


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2008, No 43


Gazette.govt.nz — PDF NZ Gazette 2008, No 43




✨ LLM interpretation of page content

🏭 Financial and Efficiency Performance Measures of The Power Company Limited (continued from previous page)

🏭 Trade, Customs & Industry
Financial Performance, Efficiency Performance, Return on Funds, Return on Equity, Return on Investment, Line Costs, The Power Company Limited