Calculation of Return on Equity Sample Clauses

Calculation of Return on Equity. The determination of whether the Company has exceeded its allowed rate of return on equity will be made at the end of the Extended Term. Specifically, the Company shall file an earnings report with the Commission calculating the return on equity for the Extended Term using an average of the return on equity for the 2 twelve-month reporting periods: October 1, 2000 – September 30, 2001; and July 1, 2001 – June 30, 2002. These periods will enable the Company to accurately report earnings without distortion from the seasonal nature of the Company’s earnings. For the purpose of such earnings report, the allowed return on equity shall be 10.9 percent, excluding the Company’s portion of non- firm margin as addressed in Section K. Results will be adjusted to reflect established Commission ratemaking principles, including the impact of the Weather Mitigation Clause, as discussed below. However, there will be no adjustments to actual results to recognize or annualize known and measurable changes. The return on common equity will be calculated by dividing the net income available for common equity by the common equity applicable to rate base; where the net income available for common equity is equal to operating income adjusted to reflect Commission ratemaking principles less applicable interest and preferred dividends (if any), subject to the limitations in Paragraph 2, below. The applicable interest shall be calculated by multiplying average rate base by the percentage debt in the capital structure, or the level calculated pursuant to Section II.I.2 times the applicable cost rate, and the applicable preferred dividends, if any, shall be calculated by multiplying average rate base by the percentage of preferred stock in the capital structure times the applicable cost rate. The common equity applicable to rate base shall be calculated by multiplying the actual common equity ratio, subject to the limitations in Paragraph 2 below, by rate base. The rate base used in these calculations will be the average rate base for the relevant period, based on a five-quarter average at the end of each reporting period referred to in Section
Sample 1
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Related to Calculation of Return on Equity

  • Timing of Return or Disposition Data shall be returned or disposed of by the following date: As soon as commercially practicable By the following agreed upon date:

  • Annual Return A copy of the Annual Return form AR01 submitted to Companies House for Contractors registered in the UK. Where Contractors are not registered with Companies House, they must forward the information detailed in Annex 1.

  • Extent of Return or Disposition Return or Disposition is partial. The categories of data to be disposed of are set forth below or are found in an attachment to this Directive: Return or Disposition is Complete. Disposition extends to all categories of data.

  • GOODS FOR RETURN Goods shall only be returned to the Company with its prior written consent and within 14 days after delivery. Should the Company discover that there is not a material defect in the goods, the Company may charge the customer a handling fee. Goods not returned in accordance with the above may be rejected by the Company All costs for the return or delivery of the goods shall be payable by the customer.

  • Notification of Return For absences longer than one day, each faculty member shall make every effort to keep the appropriate supervisor advised of his/her condition, and provide an estimate of their expected return.

  • Return of Contributions The General Partner shall not be personally liable for, and shall have no obligation to contribute or loan any monies or property to the Partnership to enable it to effectuate, the return of the Capital Contributions of the Limited Partners or Unitholders, or any portion thereof, it being expressly understood that any such return shall be made solely from Partnership assets.

  • Nature of Return or Disposition Disposition shall be by destruction or deletion of data. Return shall be by a transfer of data. The data shall be transferred to the following site as follows:

  • Performance Measurement Satisfactory performance of this Contract will be measured by:

  • How Are Contributions to a Xxxx XXX Reported for Federal Tax Purposes You must file Form 5329 with the IRS to report and remit any penalties or excise taxes. In addition, certain contribution and distribution information must be reported to the IRS on Form 8606 (as an attachment to your federal income tax return.)

  • Entitlements Upon Return to Work (a) An employee who returns to work after the expiration of maternity, parental or pre-adoption leaves shall retain the seniority the employee had accumulated prior to commencing the leave and shall be credited with seniority for the period of time covered by the leave.

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