Investor Presentaiton slide image

Investor Presentaiton

OPERATIONAL OVERVIEW - HY 2013 Delivering into the future Sales volumes and long term trends Total electricity sales volumes for HY 2013 of 13,871 GWh - in line with HY 2012 ► Volumes are expected to trend downwards over the current regulatory periods to 2015 Additional revenue locked in ATO matters Regulatory review processes ► SA Power Networks gained approval for pass through of additional vegetation management costs $39.8 million will be recovered in the 2014/15 regulatory year ► SA Power Networks has signed an initial 3 year contract with the National Broadband Network Company (NBNCO) as a Tier 1 supplier of design and construction services. This construction will roll out the NBN to around 300,000 premises in South Australia Spark Infrastructure (as a tax payer for SA Power Networks) and Victoria Power Networks continue to engage with the ATO on the range of matters under audit previously disclosed ► Amended Assessment Notices now received by VPN for 2008-2010 tax years ► The taxpayers are ready to vigorously defend all ATO matters Rate of return guidelines - the challenge for the AER is to embrace its new discretion in a manner which promotes investment. Final Guideline expected mid-December 2013 ▸ Expenditure incentive guidelines - Final Guideline expected end November 2013. AER proposals support businesses that operate efficiently Limited Merits Review - The Standing Council on Energy and Resources (SCER) decision largely favourable and consistent with Financial Investors Group (FIG) submission SPARK INFRASTRUCTURE - INVESTOR PRESENTATION - NOVEMBER 2013 19 sparkinfrastructure
View entire presentation