✨ Financial Performance Measures
23 NOVEMBER 2012 NEW ZEALAND GAZETTE, No. 140 4121
TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS
STATEMENT OF PERFORMANCE MEASURES
FOR THE YEAR ENDED 30 JUNE 2012
| LINES BUSINESS 2012 | LINES BUSINESS 2011 | LINES BUSINESS 2010 | LINES BUSINESS 2009 | LINES BUSINESS 2008 | |
|---|---|---|---|---|---|
| Financial Measures | |||||
| Return on Equity * | 78.7% | 8.5% | 3.8% | 9.0% | 8.8% |
| Return on Funds | 10.1% | 9.3% | 11.6% | 10.5% | 10.6% |
| Return on Investment | 7.8% | 7.1% | 9.2% | 8.6% | 7.6% |
Efficiency Measures
Direct line costs per kilometre, which shall be calculated in accordance with the following formula:
[ \frac{a}{b} ]
| $M | $M | $M | $M | $M | |
|---|---|---|---|---|---|
| $154,700,000 | $157,500,000 | $144,000,000 | 143,542,000 | 133,583,000 | |
| 17,094 | 17,198 | 17,343 | 17,341 | 17,334 | |
| a / b | $9,050 | $9,158 | $8,303 | $8,278 | $7,706 |
- The 2012 Return on Equity (ROE) figure set out above is calculated as prescribed by the regulations, as set out in Schedule 1 part 7 of this report. Directors consider that the ROE figure, calculated in accordance with those prescribed regulations, to be misleading. The ROE as calculated is significantly higher than in prior years and than Transpower\'s regulated rate of return.
** all years restated to exclude HVDC share of reserves
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NZ Gazette 2012, No 140
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Transpower New Zealand Limited Financial Performance Measures
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🏭 Trade, Customs & IndustryFinancial Measures, Efficiency Measures, Return on Equity, Return on Funds, Return on Investment