Investor Presentaiton
INFRASTRUCTURE FOR THE FUTURE
VICTORIA POWER NETWORKS
Financial ($m) (1)
2020
2019 Change
CPI-X
$37.1m
Regulated revenue - DUOS
1,001.1
956.9
4.6%
STPIS (2)
Prescribed metering ("AMI")
81.4
85.7
-5.0%
$22.2m
Semi-regulated revenue
62.4
60.8
2.6%
Unregulated revenue.
42.0
47.0
-10.6%
Customer
Growth (3)
0.9%
Total Revenue
Operating costs
Beon margin
EBITDA
Other
1,186.9
1.150.4
3.2%
(303.9)
(312.8)
-2.8%
(3)
Consumption -5.1%
20.1
11.3
77.9%
FTE
903.1
848.9
6.4%
Change (3)
1.7%
Net Debt /
Net finance costs (4)
Net capital expenditure
Distributions received by Spark Infrastructure
(165.6)
(167.2)
-1.0%
72.3%
RAB
(585.2)
(507.6)
15.3%
FFO /
13.8%
171.5
159.5
7.5%
Net Debt
Victoria Power Networks EBITDA for FY2020 increased by $54.2m or 6.4%
(1) 100% basis (2) 2017 STPIS recovered in FY2020 (3) Compared with FY2019 (4) FY2020 includes a $1.9m (loss) in non-cash credit valuation hedge adjustments (FY2019: $0.4m gain)
Spark Infrastructure | Investor Presentation | February 2021
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