New Zealand Gazette – 2013 – No. 155

Page 4368

✨ Financial Performance Measures



4368

NEW ZEALAND GAZETTE, No. 155

25 NOVEMBER 2013

TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS

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 ROI
Operating surplus before interest and income tax from financial statements 388.0
Operating surplus before interest and income tax adjusted pursuant to regulation 18 (OSBIT)
Interest on cash, bank balances, and short-term investments (ISTI) 388.0
OSBIT minus ISTI 0.0 a 388.0 388.0
Net surplus after tax from financial statements 388.0
Net surplus after tax adjusted pursuant to regulation 18 (NSAT) 165.1
Amortisation of goodwill and amortisation of other intangibles 165.1 n 165.1
Subvention payment 12.0 g add 12.0 add 12.0 add 12.0
Depreciation of SFA at BV (x) 0.0 s add 0.0 add 0.0 add 0.0
Depreciation of SFA at ODV (y) 0.0
ODV depreciation adjustment 0.0 d add 0.0 add 0.0 add 0.0
Subvention payment tax adjustment 0.0 s*t deduct 0.0 deduct 0.0
Interest tax shield 54.6 q deduct 54.6
Revaluations 0.0 r add 0.0
Income tax 67.1 p deduct 67.1
Numerator 400.0 197.1 278.2
OSBITADJ = a + g + s + d NSATADJ = n + g + s*t + d OSBITADJ = a + g - q + r + s + d - p - s*t
Fixed assets at end of previous financial year (FA0) 4,284.9
Fixed assets at end of current financial year (FA1) 4,731.3
Adjusted net working capital at end of previous financial year (ANWC0) -83.8
Adjusted net working capital at end of current financial year (ANWC1) 26.0
Average total funds employed (ATFE) 4,479.2 c 4,479.2 4,479.2
Total equity at end of previous financial year (TE0) (or regulation 33 time-weighted average)
Total equity at end of current financial year (TE1) 1,330.8
Average total equity 1,228.5 k 1,284.2
WUC at end of previous financial year (WUC0) 1,284.2
WUC at end of current financial year (WUC1) (or regulation 33 time-weighted average)
Average total works under construction 1,287.2
Revaluations 493.8 e deduct 890.5 deduct 890.5 deduct 890.5
Half of revaluations 890.5
Intangible assets at end of previous financial year (IA0) 0.0 r deduct 0.0
Intangible assets at end of current financial year (IA1) 0.0 r/2
Average total intangible asset 283.9
Subvention payment at end of previous financial year (S0) 316.8 m deduct 300.4
Subvention payment at end of current financial year (S1) 300.4
Subvention payment at end of current financial year (or regulation 33 time-weighted average)
Average subvention payment & related tax adjustment 0.0
System fixed assets at end of previous financial year at book value (SFA0bv) 0.0
System fixed assets at end of current financial year at book value (SFA1bv) 0.0 v add 0.0
Average value of system fixed assets at book value 0.0
System fixed assets at year beginning at ODV value (SFA0odv) 0.0 f deduct 0.0 deduct 0.0 deduct 0.0
System fixed assets at end of current financial year at ODV value (SFA0odv1) (or regulation 33 time-weighted average)
Average value of system fixed assets at ODV value 0.0
Denominator 0.0 h add 0.0 add 0.0 add 0.0
3,588.7 93.3 3,588.7
Financial Performance Measure: ATFEADJ = c - e - f + h Ave TEADJ = x - e - m + v - f + h ATFEADJ = c - e - ½r - f + h
11.1 211.3 7.8
ROF = OSBITADJ/ATFEADJ x 100 ROE = NSATADJ/ATEADJ x 100 ROI = OSBITADJ/ATFEADJ x 100


Next Page →



Online Sources for this page:

Gazette.govt.nz — PDF NZ Gazette 2013, No 155




✨ LLM interpretation of page content

💰 Transpower New Zealand Limited Lines Business Subsequent Events (continued from previous page)

💰 Finance & Revenue
Financial Performance Measures, ROF, ROE, ROI, Transpower New Zealand Limited