✨ 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 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