New Zealand Gazette – 2008 – No. 47

Page 1361

✨ Financial Performance Measures



3 MARCH 2008

NEW ZEALAND GAZETTE, No. 47

1361

ALPINE ENERGY LIMITED LINES BUSINESS

Form for the Derivation of Financial Performance Measures from Financial Statements - Restated under NZIFRS Year Ended March 2006

Symbol ROF ROE ROI
Operating surplus before interest and income tax from financial statements 12,872,076
Operating surplus before interest and income tax adjusted pursuant to regulation 18 12,872,076
Interest on cash, bank balances, and short-term investments (ISTI) a 232,505
OSBIT minus ISTI 12,639,571 12,639,571
Net surplus after tax from financial statements 7,794,073
Net surplus after tax adjusted pursuant to regulation 18 (NSAT) n 7,794,073 7,794,073
Amortisation of goodwill and amortisation of other intangibles g 1,182 1,182 add 1,182 add
Subvention payment s 0 0 add 0 add
Depreciation of SFA at BV (x) 4,707,573
Depreciation of SFA at ODV (y) 4,707,573
ODV depreciation adjustment d 0 0 add 0 add
Subvention payment tax adjustment s*t 0 deduct 0 deduct
Interest tax shield q -76,727
Revaluations r 0 add
Income tax p 5,078,003 deduct
Numerator 12,640,753 7,795,255 7,639,477
OSBITᴀᴅᴊ = a + g + s + d *NSATᴀᴅᴊ = n + g + s - st + d** OSBITᴀᴅᴊᴿᴼᴵ = a + g + s + r + st + d - p - st
Fixed assets at end of previous financial year (FA₀) 86,125,093
Fixed assets at end of current financial year (FA₁) 88,866,378
Adjusted net working capital at end of previous financial year (ANWC₀) -1,243,960
Adjusted net working capital at end of current financial year (ANWC₁) -1,321,196
Average total funds employed (ATFE) c 86,213,158 86,213,158 86,213,158
Total equity at end of previous financial year (TE₀) 72,123,015
Total equity at end of current financial year (TE₁) 72,932,653
Average total equity k 72,527,834
WUC at end of previous financial year (WUC₀) 4,193,656
WUC at end of current financial year (WUC₁) 5,280,205
Average current works under construction e 4,736,931 deduct 4,736,931
Revaluations r 0
Half of revaluations r/2 0 deduct
Intangible assets at end of previous financial year (IA₀) 20,580
Intangible assets at end of current financial year (IA₁) 22,331
Average total intangible asset m 21,456 deduct 21,456
Subvention payment at end of previous financial year ($) 0
Subvention payment at end of current financial year ($) 0
Subvention payment tax adjustment at end of previous financial year 0
Subvention payment tax adjustment at end of current financial year 0
Average subvention payment v add 0
System fixed assets at end of previous financial year at book value (SFAᴀᴘ₀) 81,931,437
System fixed assets at end of current financial year at book value (SFAᴀᴘ₁) 83,586,173
Average value of system fixed assets at book value f 82,758,805 deduct
System Fixed assets at year beginning at ODV value (SFAᴏᴅᴠ₀) 85,666,845
System Fixed assets at end of current financial year at ODV value (SFAᴏᴅᴠ₁) 88,069,272
Average value of system fixed assets at ODV value h 86,868,059 add
Denominator 85,585,481 71,878,702 85,585,481
ATFEᴀᴅᴊ = c - e - f + h Ave TEᴀᴅᴊ = k - e - m + v - f + h ATFEᴀᴅᴊ = c - e - ½ r - f + h
Financial Performance Measure: 14.77 10.85 8.93
ROF = OSBITᴀᴅᴊ / ATFEᴀᴅᴊ x 100 ROE = NSATᴀᴅᴊ / Ave TEᴀᴅᴊ x 100 ROI = OSBITᴀᴅᴊᴿᴼᴵ / ATFEᴀᴅᴊ x 100

t = maximum statutory income tax rate applying to corporate entities
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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VUW Te Waharoa — PDF NZ Gazette 2008, No 47


Gazette.govt.nz — PDF NZ Gazette 2008, No 47




✨ LLM interpretation of page content

🏭 Alpine Energy Limited Performance Measures from Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
Financial performance, Operating surplus, Net surplus, Amortisation, Depreciation, Revaluations, Income tax, Financial statements