[Net Salvage] Please provide the gross salvage both with and without reimbursements, cost – of removal, and retirements by year for each account for the last 11 years. The information should be provided in both hard copy and on electronic medium in Excel readable format. [Net Salvage] Please provide the Company’s accounting treatment for reuse material. – Further, provide all underlying support and justification for the process employed. Finally, provide the level of plant, by account, retired and returned to stores during the past 11 years along with the corresponding accounting values for salvage, by year. [Net Salvage] Please identify, by account, what portion of the Company’s retirements – during the past 11 years were associated with replacement activity (i.e., a segment of pipe retired and another segment of pipe placed in either the same location or the same local vicinity to perform the same function of the retired pole). [Net Salvage] - For any sale of utility property since the Company’s last regularly scheduled rate case, please state whether the gain or loss associated with such sale is contained in the accumulated provision for depreciation. If not, identify the amount by year and account associated with the plant retired, and the account the gain or loss was booked in. Further, provide all support and justification for such actions. [Net Salvage] If an item or a plant is retired with a replacement addition occurring and an – outside party provides $1,000 associated with the replacement, how is the $1,000 accounted for (e.g., $1,000 gross salvage, $1,000 reduction to replacement addition cost, a 50/50 split of the $1,000, etc.)? Further, please provide full justification for whatever methodology is employed. In addition, identify when the Company first implemented its current methodology. [Net Salvage] If an item of plant is retired and an outside party provides $1,000 associated – with such retirement and no replacement activity occurs, how is the $1,000 accounted for (e.g., added to gross salvage amount, reduction to the cost of removal, or other method)? Further, please provide all justification for whatever policy is utilized by the Company. In addition, identify when the Company first implemented its current methodology.
[Net Salvage] – Please provide the gross salvage both with and without reimbursements, cost of removal, and retirements by year for each account for the last 11 years. The information should be provided in both hard copy and on electronic medium in Excel readable format. [Net Salvage] – Please provide the Company’s accounting treatment for reuse material. Further, provide all underlying support and justification for the process employed. Finally, provide the level of plant, by account, retired and returned to stores during the past 11 years along with the corresponding accounting values for salvage, by year. [Net Salvage] – Please identify, by account, what portion of the Company’s retirements during the past 11 years were associated with replacement activity (i.e., a segment of pipe retired and another segment of pipe placed in either the same location or the same local vicinity to perform the same function of the retired pole). [Net Salvage] - For any sale of utility property since the Company’s last regularly scheduled rate case, please state whether the gain or loss associated with such sale is contained in the accumulated provision for depreciation. If not, identify the amount by year and account associated with the plant retired, and the account the gain or loss was booked in. Further, provide all support and justification for such actions. [Net Salvage] – If an item or a plant is retired with a replacement addition occurring and an outside party provides $1,000 associated with the replacement, how is the $1,000 accounted for (e.g., $1,000 gross salvage, $1,000 reduction to replacement addition cost, a 50/50 split of the $1,000, etc.)? Further, please provide full justification for whatever methodology is employed. In addition, identify when the Company first implemented its current methodology. [Net Salvage] – If an item of plant is retired and an outside party provides $1,000 associated with such retirement and no replacement activity occurs, how is the $1,000 accounted for (e.g., added to gross salvage amount, reduction to the cost of removal, or other method)? Further, please provide all justification for whatever policy is utilized by the Company. In addition, identify when the Company first implemented its current methodology.
SoCalGas2012GRC_TURN-SoCalGas-18_Depn.docx