✨ Financial Performance Measures
3 MARCH 2008
NEW ZEALAND GAZETTE, No. 46
1331
SCHEDULE 1 - PART 7
FORM FOR THE DERIVATION OF FINANCIAL PERFORMANCE MEASURES FROM FINANCIAL STATEMENTS
| Derivation Table | Input and Calculations | Symbol in formula | ROF | ROE | ROI |
|---|---|---|---|---|---|
| Operating surplus before interest and income tax from financial statements | 88,566,508 | a | 88,566,508 | 88,566,508 | 88,566,508 |
| Operating surplus before interest and income tax adjusted pursuant to regulation 18 (OSBIT) | 88,566,508 | ||||
| Net surplus after tax from financial statements | 45,893,906 | 45,893,906 | |||
| Net surplus after tax adjusted pursuant to regulation 18 (NSAT) | 45,893,906 | ||||
| Interest on cash, bank balances, and short-term investments (STI) | 1,902,040 | g | add | add | add |
| Amortisation of goodwill and amortisation of other intangibles | 1,902,040 | d | add | add | add |
| Subvention payment | 0 | s | 0 | 0 | 0 |
| Depreciation of SFA at BV (%) | 38,940,369 | ||||
| Depreciation of SFA at ODV (%) | 38,940,369 | ||||
| ODV depreciation adjustment | 0 | s¹ | 0 | 0 | 0 |
| Subvention payment tax adjustment | 0 | ||||
| Interest tax shield | 12,986,577 | r | deduct | deduct | deduct |
| Revaluations | 12,986,577 | ||||
| Income tax (excluding deferred tax on temporary differences) | 3,665,420 | k | deduct | deduct | deduct |
| Numerator | 90,468,548 | 90,468,548 | 47,795,946 | 73,816,551 | |
| Fixed assets at end of previous financial year (FA₀) | 963,884,978 | 963,884,978 | |||
| Fixed assets at end of current financial year (FA₁) | 970,337,195 | ||||
| Adjusted net working capital at end of previous financial year (ANWC₀) | -3,782,496 | ||||
| Adjusted net working capital at end of current financial year (ANWC₁) | -5,680,253 | ||||
| (or regulation 33 time-weighted average) | |||||
| Average total funds employed (ATFE) | 405,330,286 | o | 408,627,523 | ||
| Total equity at end of previous financial year (TE₀) | 408,827,523 | ||||
| Total equity at end of current financial year (TE₁) | 411,924,759 | ||||
| (or regulation 33 time-weighted average) | |||||
| Average total equity |
| ROI |
|---|
| 88,566,508 |
| add |
| 1,902,040 |
| add |
| 0 |
| deduct |
| 12,986,577 |
| deduct |
| 3,665,420 |
| = 73,816,551 |
| ROE |
|---|
| 45,893,906 |
| add |
| 1,902,040 |
| add |
| 0 |
| deduct |
| 12,986,577 |
| deduct |
| 3,665,420 |
| = 31,143,949 |
| ROF |
|---|
| 88,566,508 |
| add |
| 1,902,040 |
| add |
| 0 |
| deduct |
| 12,986,577 |
| deduct |
| 3,665,420 |
| = 73,816,551 |
Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2008, No 46
Gazette.govt.nz —
NZ Gazette 2008, No 46
✨ LLM interpretation of page content
💰
Notes to and Forming Part of the Financial Statements
(continued from previous page)
💰 Finance & RevenueFinancial Statements, Operating Surplus, Interest Expense, Income Tax, Net Surplus, Employee Salaries, Audit Services, Taxation Services