New Zealand Gazette – 2008 – No. 44

Page 1285

✨ Financial Performance Measures



Form for the Derivation of Financial Performance Measures from Financial Statements

Schedule 1 – Part 7

DERIVATION TABLE SYMBOL IN FORMULA ROI ROE ROF
CALCULATIONS
INPUT AND
a Operating surplus before interest and income tax from financial statements 5,798,393 5,561,133
b Operating surplus before interest and income tax adjusted pursuant to regulation 18 (OSBITT) 5,798,093 5,561,133
c Interest on cash, bank balances, and short-term investments (ISIT) 236,964 add add
d Net surplus after tax from financial statements 3,833,433 3,883,453 add
e Net surplus after tax adjusted pursuant to requirement 18 (NSAT) 3,833,433 3,883,453 add
f Amortisation of goodwill and amortisation of other intangibles 0 add
g Subvention payment 0 0
h Depreciation of SFA at BV (x) 1,746,026 add 0
i Depreciation adjustment 0 add 0
j ODV depreciation adjustment 44,116
k Subdivision payment tax adjustment 44,116
l Interest tax shield -78,197
m Revaluations 0 44,116
n Income Tax 1,914,640 0
o Fixed assets at end of previous financial year (F_a) 5,035,868
p Fixed assets at end of current financial year (F_b) 4,972,885
q Adjusted net working capital at end of previous financial year (ANWC_a) 62,781,279 3,927,569
r Adjusted net working capital at end of current financial year (ANWC_b) -200,152 0.8(8)I_b 1,768,895
s Average total funds employed (ATFE) 54,247,288
(or requirement 32 line-weighted average)
t Total equity at end of current financial year (TE_b) 54,697,685 54,267,298
(or requirement 32 line-weighted average)
u WUC at end of previous financial year (WUC_a) 62,541,243
v WUC at end of current financial year (WUC_b) 59,552,685
w Average total works under construction 391,182 922,869
x (or requirement 32 line-weighted average)
y Revaluations 953,914
z Half of revaluations 0
aa Intangible assets at end of current financial year (IA_b) 0 0
bb Intangible assets at end of previous financial year (IA_a) 0
cc Average total intangible asset 186,708
(or requirement 32 line-weighted average)
ROI CALCULATIONS
5,561,133
add 5,561,133
add 0
add 3,883,453
0 0
44,116 44,116
add 0
add 38,197
add 44,116
0 0
1,914,640
1,768,895
NSAT^M = 3,927,569 + d
0.8(8)I_b 54,267,298
ROE CALCULATIONS
54,697,685
deduct
922,869
0
ROF CALCULATIONS
5,561,133
add add
add
3,883,453
44,116 add
38,197
1,768,895


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2008, No 44


Gazette.govt.nz — PDF NZ Gazette 2008, No 44




✨ LLM interpretation of page content

🏗️ Electricity Invercargill Limited Line Business Disclosure of Information (continued from previous page)

🏗️ Infrastructure & Public Works
Financial Statements, Operating Revenue, Operating Expenditure, Electricity, Return on Funds, Return on Equity, Return on Investment, Direct Line Costs, Indirect Line Costs