β¨ Financial Performance Measures
1260
NEW ZEALAND GAZETTE, No. 43
29 FEBRUARY 2008
DERIVATION TABLE
| INPUT AND CALCULATIONS |
SYMBOL IN FORMULA |
ROF | ROE | ROI | |
|---|---|---|---|---|---|
| Subvention payment tax adjustment at end of current financial year | 0 | v | add 6,456 |
||
| Average subvention payment & related tax adjustment | 6,456 | ||||
| System fixed assets at end of previous financial year at book value (SFA$_{bv0}$) | 206,072,617 | ||||
| System fixed assets at end of current financial year at book value (SFA$_{bv1}$) | 246,903,209 | ||||
| Average value of system fixed assets at book value | 226,487,913 (or regulation 33 time- weighted average) |
f | deduct 226,487,913 |
deduct 226,487,913 |
deduct 226,487,913 |
| System Fixed assets at year beginning at ODV value (SFA$_{odv0}$) | 209,109,000 | ||||
| System Fixed assets at end of current financial year at ODV value (SFA$_{odv1}$) | 210,118,019 | ||||
| Average value of system fixed assets at ODV value | 209,613,510 (or regulation 33 time- weighted average) |
h | add 209,613,510 |
add 209,613,510 |
add 209,613,510 |
| Denominator | 208,287,890 ATFE$^{ADJ}$ = c - e - f + h |
202,674,275 Ave TE$^{ADJ}$ = k - e - m + v - f + h |
208,287,890 ATFE$^{ADJ}$ = c - e - Β½r - f + h |
||
| Financial Performance Measure: | 2.05 ROF = OSBIT$^{ADJ}$ / ATFE$^{ADJ}$ x 100 |
0.94 ROE = NSAT$^{ADJ}$ / ATE$^{ADJ}$ x 100 |
1.01 ROI = OSBIT$^{ADJ}$ / ATFE$^{ADJ}$ x 100 |
||
| Excluding Revaluations | 1.01 |
t = maximum statutory income tax rate applying to corporate entities
BV = book value
ave = average
odv = optimised deprival valuation
subscript '0' = end of the previous financial year
subscript '1' = end of the current financial year
ROF = return on funds
ROE = return on equity
ROI = return on investment
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2008, No 43
Gazette.govt.nz —
NZ Gazette 2008, No 43
β¨ LLM interpretation of page content
π
Financial and Efficiency Performance Measures of The Power Company Limited
(continued from previous page)
π Trade, Customs & IndustryFinancial Performance, Efficiency Performance, Return on Funds, Return on Equity, Return on Investment, Line Costs, The Power Company Limited