Schedule B: EV account summary Item Formula Description [Column 1] [Column 2] [Column 3] Opening EV account A Closing balance in the EV account for the balance previous disclosure year WACC B Post - tax WACC Interest on opening EV C = A x B Opening EV account balance multiplied by balance WACC EV account entries D The EV account entries as specified in clause 23.1.3 of this determination EV adjustments relating E The EV adjustments relating to legacy EV to 2011 EV account balances as specified in clause 24.1.1(a) of this balances determination EV adjustments for the F The EV adjustments for the 2016-17 pricing 2016-17 pricing year year as specified in clauses 24.1.2(a) - (f) of this determination EV adjustments for the G The EV adjustments for 2016-17 to 2019-20 2016-17 to 2019-20 pricing years as specified in clauses 24.1.3(a) - pricing years (f) of this determination EV adjustments relating H The EV adjustments for 2016-17 to 2019-20 to the North Island Grid pricing years relating to the North Island Grid Upgrade Project Upgrade Project as specified in clauses 24.1.4 (a) and (b) of this determination Closing Opening balance plus interest on EV account I = A + C + D - E F G EV account – – balance - H opening EV account balance plus EV account entries minus EV adjustments
Schedule B: EV account summary Item Formula Description [Column 1] [Column 2] [Column 3] Opening EV account balance A Closing balance in the EV account for the previous disclosure year WACC B Post - tax WACC Interest on opening EV balance C = A x B Opening EV account balance multiplied by WACC EV account entries D The EV account entries as specified in clause 23.1.3 of this determination EV adjustments relating to 2011 EV account balances E The EV adjustments relating to legacy EV balances as specified in clause 24.1.1(a) of this determination EV adjustments for the 2016-17 pricing year F The EV adjustments for the 2016-17 pricing year as specified in clauses 24.1.2(a) - (f) of this determination EV adjustments for the 2016-17 to 2019-20 pricing years G The EV adjustments for 2016-17 to 2019-20 pricing years as specified in clauses 24.1.3(a) - (f) of this determination EV adjustments relating to the North Island Grid Upgrade Project H The EV adjustments for 2016-17 to 2019-20 pricing years relating to the North Island Grid Upgrade Project as specified in clauses 24.1.4 (a) and (b) of this determination Closing EV account balance I = A + C + D - E – F – G - H Opening EV account balance plus interest on opening EV account balance plus EV account entries minus EV adjustments
1760051-Draft-Transpower-Individual-Price-Quality-Path-Determination-30-May-2014.DOCX