Set for each access arrangement (but in Single rate of return and gamma value Rate of return, gamma our last decision the same rate of return for Albury and Victoria. and gamma applied in both). One total opex forecast covering Forecast operating expenditure Separate forecasts of opex for Albury expenditure on both Albury and Victoria, (opex) and Victoria. including a combined base year. Total allowance for both Albury and Separate allowances for each access Depreciation Victoria, with no change to underlying arrangement. asset classes. Separate allowances for each access Total allowance for both Albury and Tax arrangement. Victoria. Carryover amounts from the current period combined (summed) in total Carryover amounts determined forecast revenue requirement for the Opex efficiency carryover separately for each access arrangement period commencing 1 January 2018. mechanism by reference to separate opex Carryover amounts going forward to be forecasts. calculated by reference to combined total opex forecast. A combined annual reporting RIN, with a single report submitted for Albury and Two annual reporting RINs, with Annual reporting under the Victoria. (This may require some separate reports submitted for Albury access arrangement disaggregation of data for what will be and Victoria. the Albury network zone—see comments on capital base above.)
Rate of return, gamma Set for each access arrangement (but in our last decision the same rate of return and gamma applied in both). Single rate of return and gamma value for Albury and Victoria. Forecast operating expenditure (opex) Separate forecasts of opex for Albury and Victoria. One total opex forecast covering expenditure on both Albury and Victoria, including a combined base year. Depreciation Separate allowances for each access arrangement. Total allowance for both Albury and Victoria, with no change to underlying asset classes. Tax Separate allowances for each access arrangement. Total allowance for both Albury and Victoria. Opex efficiency carryover mechanism Carryover amounts determined separately for each access arrangement by reference to separate opex forecasts. Carryover amounts from the current period combined (summed) in total forecast revenue requirement for the period commencing 1 January 2018. Carryover amounts going forward to be calculated by reference to combined total opex forecast. Annual reporting under the access arrangement Two annual reporting RINs, with separate reports submitted for Albury and Victoria. A combined annual reporting RIN, with a single report submitted for Albury and Victoria. (This may require some disaggregation of data for what will be the Albury network zone—see comments on capital base above.)