✨ Financial Performance Report
28 FEBRUARY 2012
NEW ZEALAND GAZETTE, No. 24
689
VECTOR LIMITED & SUBSIDIARIES
GAS TRANSMISSION ACTIVITIES
FINANCIAL AND EFFICIENCY PERFORMANCE MEASURES
FOR THE YEAR ENDED 30 JUNE 2011
| 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|
| 1. FINANCIAL PERFORMANCE MEASURES | ||||
| a (i) Accounting return on total assets (excluding current borrowings in working capital) | 15.14% | 14.32% | 12.31% | 11.15% |
| a (ii) Accounting return on total assets (including current borrowings in working capital) | 16.55% | 14.98% | 13.89% | 13.27% |
| b Accounting return on equity | 9.62% | 12.26% | 7.16% | 5.42% |
| c (i) Accounting rate of profit (excluding current borrowings in working capital) | 7.50% | 10.23% | 8.44% | 7.84% |
| c (ii) Accounting rate of profit (including current borrowings in working capital) | 8.20% | 10.70% | 9.53% | 9.33% |
| 2. EFFICIENCY PERFORMANCE MEASURES | ||||
| a Direct line costs per kilometre¹ | $4,765 | $3,708 | $4,366 | $3,170 |
| b Indirect line costs per gas customer² | $1,721,182 | $1,046,254 | $1,085,429 | $1,149,180 |
¹ Direct line costs excludes fuel gas (FG) and unaccounted for gas (UFG).
Direct line costs per kilometre including FG and UFG is $7,092, $5,369, $5,155 and $6,186 for 2011, 2010, 2009 and 2008 respectively.
² Indirect line costs excludes fuel gas (FG) and unaccounted for gas (UFG). Indirect line costs per gas customer including FG & UFG is $2,190,818, $1,353,577, $1,210,394 and $1,627,152 for 2011, 2010, 2009 and 2008 respectively.
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✨ LLM interpretation of page content
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Financial and Efficiency Performance Measures for Vector Limited & Subsidiaries Gas Transmission Activities
(continued from previous page)
💰 Finance & RevenueFinancial Performance, Efficiency Measures, Gas Transmission, Vector Limited, Accounting Return, Direct Line Costs, Indirect Line Costs
NZ Gazette 2012, No 24