Investor Presentaiton slide image

Investor Presentaiton

VICTORIA POWER NETWORKS – HY 2013 (100% results) - Financial HY 2013 HY 2012 Change Operational HY 2013 HY 2012 Change Change % Customer numbers 1,065,211 1,050,951 14,260 1.4 $m $m % Employee numbers 2,145 1,965 180 9.1 Regulated revenue - DUOS 383.9 334.7 14.7 Network availability (%) - CP 99.99% 99.99% Prescribed metering (AMI) 69.3 62.6 10.7 - PC 99.97% 99.97% Semi-regulated other 21.8 20.8 4.8 Volume sold GWh - CP 3,021 2,975 46 46 1.5 Unregulated revenue 66.4 41.3 60.8 - PC 5,319 5,372 (53) (1.0) Total revenue (ex customer contributions) 541.4 459.4 17.9 Volume sold GWh (total) 8,340 8,347 (7) (0.1) Customer contributions 33.8 30.4 11.0 ► Revenue growth: Total revenue 575.2 489.8 17.4 Cash operating costs (196.1) (175.0) 12.0 CPI-X increases from 1 January 2013 - 8.92% for Citi Power and 9.92% for Powercor¹ Regulatory appeal revenues included in 1 January 2013 tariffs EBITDA (ex customer contributions) 345.3 284.4 21.5 EBITDA 379.1 314.8 20.4 Unregulated revenue growth driven by increased PNS external business activity AMI revenue growth driven by continued rollout EBITDA ex customer contributions margin Total Capex (Inc. AMI) 63.8% 61.9% 1.9 239.1 215.7 10.8 Operating costs up 12.0% reflecting: 1. Excluding adjustments for recovery of STPIS and any other immaterial adjustments SPARK INFRASTRUCTURE INVESTOR PRESENTATION - NOVEMBER 2013 27 Higher unregulated related costs in line with increased PNS external revenues spark infrastructure
View entire presentation