New Zealand Gazette – 2008 – No. 53

Page 1490

✨ Financial Performance Measures



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 ROA
Opening surplus before interest and income tax from financial statements (OSBIT) 29,831,694 a
Operating surplus before interest and income tax adjusted pursuant to regulation 18 (OSBIT) 29,861,694 a
Interest on cash, bank balances, and short-term investments 138,858 b
OSBIT minus interest (SIT) 29,692,736 3
Net surplus after tax from financial statements 16,126,762 n 5
Amortisation of goodwill and amortisation of other intangibles 16,765,762 9
Subvention payment 0 s
Depreciation of SFA at BV (r) 844,000 add add add
CDV depreciation adjustment 0 d
Subvention payment tax adjustment 5,123,415 st add add
Interest tax shield 3,570,661 t deduct
Revaluations 0 r
Income tax 1,594,167 p
Numerator OSBIT(^a) = a + g - q + r + s - t - p 30,158,822
NSAT(^b) = n + g + s + t 22,094,177
Fixed assets at end of previous financial year (FA(_p)) 452,628,232 g 456,714,462
Adjusted net working capital at end of previous financial year (ANWC(_p)) 467,284,493
Adjusted net working capital at end of current financial year (ANWC(_c)) -4,042,300 c 456,714,462
Average total funds employed (ATFE) 466,714,462 (cor regulation 33 time-weighted average) k
Total equity at end of previous financial year (TE(_p)) 301,073,225 310,471,528
Total equity at end of current financial year (TE(_c)) 319,969,880 (cor regulation 33 time-weighted average)
WUC at end of previous financial year (WUC(_p)) 310,471,528
WUC at end of current financial year (WUC(_c)) 5,204,000 (cor regulation 33 time-weighted average) e 12,219,500
Average total works under construction 19,235,669 (cor regulation 33 time-weighted average)

ROF = (\frac{OSBIT}{ATFE} = \frac{35,650 + 15}{456,714,462} = 0.0781)

ROE = (\frac{NSAT}{ATE} = \frac{22,094,177}{310,471,528} = 0.0711)

ROA = (\frac{OSBIT - a + g - q + r + s - t - p}{WUC} = \frac{30,158,822}{12,219,500} = 2.47)



Next Page →



Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2008, No 53


Gazette.govt.nz — PDF NZ Gazette 2008, No 53




✨ LLM interpretation of page content

🏭 Unison Networks Limited - Lines Business Financial Position Statement (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Assets, Liabilities, Equity, Commerce Act, Electricity Information Disclosure Requirements, Return On Funds, Return On Equity, Return On Investment, Efficiency Measures