Investor Presentaiton
Revenue growth driven by Energy Infrastructure and inflation linked tariffs
Key drivers
$2,238m
$114m|
FY22
Tariff
Segment Escalation
Revenue¹
$10m
$23m
$1m
$5m
$2,353m
.
Inflation linked tariff escalation was the key driver of higher revenue
$6m
FX rate
revenue
Operating Change in Asset Mgt
net assets
Energy FY23
Investments Segment
Revenue¹
•
•
.
East Coast gas transmission assets contributed to higher operating revenue
Change in net assets driven by sale of Orbost Gas Processing Plant (July 2022),
partly offset by Basslink (acquired October 2022)
Asset Management broadly flat compared to prior year
Decline in Energy Investments with restructured customer contracts from SEAGas
FY24 revenue considerations²
Revenue growth from inflation linked tariff escalation expected to continue
•
Full year contribution from Basslink in FY24
•
ECG expansion (Stage 1 and 2) to provide capacity for winter peaks with expectation
of lower utilisation in non-peak periods
NGI expected to ramp up gradually over the coming years
(1) Segment revenue excludes: pass-through revenue; Wallumbilla Gas Pipeline hedge accounting unwind; interest on Basslink debt investment; Basslink AEMC market compensation and other interest income.
(2) The revenue considerations on this slide reflect management's current expectations. They are based on management's view of the current and anticipated needs of APA Group in the relevant financial years. They are subject to review and change from time to time. See the
disclaimer in slide 2 of this presentation for further details regarding forward-looking statements.
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APA FY23 Results Investor Presentation
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