✨ Gas Division Performance Measures
NEW ZEALAND GAZETTE, No. 179
4 DECEMBER 2009
Statement of Financial and Efficiency Performance Measures
For the Year Ended 30 June 2009
GAS DIVISION
1 DISCLOSURE OF PERFORMANCE MEASURES PURSUANT TO REGULATION 15 AND PART II OF THE FIRST SCHEDULE OF THE GAS (INFORMATION DISCLOSURE) REGULATIONS 1997
| Financial Performance Measures | Notes | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|
| (i) Accounting Return on Total Assets | (a),(b) | 5.08% | 6.60% | 7.18% | 6.43% |
| (ii) Accounting Return on Equity | -11.43% | -0.03% | 16.98% | 4.47% | |
| (iii) Accounting Rate of Profit including revaluation | (a),(b) | 3.88% | 4.76% | 5.49% | 4.65% |
| (iv) Accounting Rate of Profit excluding revaluation | (a),(b) | 3.88% | 4.76% | 5.49% | 4.65% |
| Efficiency Performance Measures | |||||
|---|---|---|---|---|---|
| (v) Direct Line Cost per Kilometre | $1,210.47 | $981.32 | $1,408.63 | $1,248.23 | |
| (vi) Indirect Line Cost per Gas Customer | $91.31 | $73.35 | $73.35 | $88.29 |
Notes:
(a) This calculation excludes current borrowings from working capital because the borrowings do not relate to operational obligations.
(b) EBIT for the purposes of this calculation excludes the hedging losses of $12.15 million as shown in the Income Statement as Other losses, and the hedging loss of $4.224 million recognised in the Statement of Changes in Equity. This is because the hedge loss does not meet the definition of revenue in the Gas (Information Disclosure) Regulations 1997.
2 DISCLOSURE OF PERFORMANCE MEASURES PURSUANT TO REGULATION 17 AND PART III OF THE FIRST SCHEDULE OF THE GAS (INFORMATION DISCLOSURE) REGULATIONS 1997
| 2009 | 2008 | 2007 | 2006 | |
|---|---|---|---|---|
| 2.1 Energy delivery efficiency measures | ||||
| (a) Load Factor | 71.19% | 72.50% | 73.65% | 83.32% |
| (b) Un-accounted for Gas Ratio | 2.22% | 2.50% | 2.50% | 2.60% |
| 2.2 Statistics | | | | |
| (a) System Length | 5,901km | 5,890km | 5,792km | 5,609km |
| (b) Maximum monthly amount entering the system | 1,090,617 | 1,057,925 | 1,082,107 | 1,055,459 |
| (c) Total amount of gas conveyed | 9,316,465 | 9,204,033 | 9,564,363 | 10,553,384 |
| (d) Total amount of gas conveyed on behalf of other persons | 9,316,465 | 9,204,033 | 9,564,363 | 10,553,384 |
| (e) Total customers | 102,011 | 103,602 | 103,404 | 103,986 |
3 DISCLOSURE OF PERFORMANCE MEASURES PURSUANT TO REGULATION 18 AND PART IV OF THE FIRST SCHEDULE OF THE GAS (INFORMATION DISCLOSURE) REGULATIONS 1997
| 3.1 Un-planned interruptions in transmission systems | 0 | 0 | 0 | 0 |
| 3.2 Un-planned interruptions in distribution systems |
| (a) Un-planned interruptions other than those directly resulting from a transmission system |
| | 0.0851* | 0.001889 | 0.0146 | 0.0036 |
| (b) Un-planned interruptions directly resulting from un-planned interruptions of a transmission system | 0 | 0 | 0 | 0 |
NOTE:
** This figure includes the Silverstream outage of 743 end users in July 08.
Without that significant event the reported figure would have been 0.0030
- This figure includes the Wellington CBD water inundation outage of August/September 2006.
Without that significant event the reported figure would have been 0.0034
PUBLISHED BY THE
DEPARTMENT OF INTERNAL AFFAIRS
PRINTED BY BLUE STAR GROUP
NZ Gazette 2009, No 179
✨ LLM interpretation of page content
💰
Gas Division Financial Statements for the year ended 30 June 2009
(continued from previous page)
💰 Finance & RevenueRevenue, Expenditure, Taxation, Financial Statements, Powerco, Gas Division, Contingent Liabilities, Commitments, Related Party Transactions, Compensation, Subsequent Events