Spreadsheet: john_lavorato__16578__PPAVAL1116
Sheet: Sheet1

PPA VALUATIONS AS OF 11/16/00
 | AECO GAS | POWER MARKS | HEAT RATE MARKS | POWER 7 HR | HEAT RATE 7 HR | POWER 7.5 HR | HEAT RATE 7.5 HR | POWER 8 HR | HEAT RATE 8 HR | POWER 8.5 HR | HEAT RATE 8.5 HR
Cal 2002 | 3.843483525857379 | 42.55461734913306 |  | 42.55461734913306 |  | 42.55461734913306 |  | 42.55461734913306 |  | 42.55461734913306
Cal 2003 | 4.619851712791541 | 40.74568256195951 |  | 40.74568256195951 |  | 40.74568256195951 |  | 40.74568256195951 |  | 40.74568256195951
Cal 2004 | 4.853239669325524 | 40.58564604971357 |  | 40.58564604971357 |  | 40.58564604971357 |  | 40.58564604971357 |  | 41.41709968770348
Cal 2005 | 5.020101815143575 | 40.10025215487676 |  | 40.10025215487676 |  | 40.10025215487676 |  | 40.10025215487676 |  | 42.49147058321363
Cal 2006 | 5.166589533834673 | 37.93665188724822 |  | 37.93665188724822 |  | 38.68976917665969 |  | 41.25674306606221 |  | 43.71762897537368
Cal 2007 | 5.311507519652784 | 39.01279222937206 |  | 39.01279222937206 |  | 39.78479471986611 |  | 42.42636216251321 |  | 44.95618492287472
Cal 2008 | 5.432371528214524 | 39.90030658290035 |  | 39.90030658290035 |  | 40.6891850738751 |  | 43.39040755926222 |  | 45.97811154234731
Cal 2009 | 5.535976164771679 | 40.66928089821854 |  | 40.66928089821854 |  | 41.47293638411774 |  | 44.22341984540486 |  | 46.86274766342021
Cal 2010 | 5.642009201568589 | 41.45352867786588 |  | 41.45352867786588 |  | 42.27247949117852 |  | 45.07578096928413 |  | 47.76615766875101
Cal 2011 | 5.82944486666457 | 33.79990449721666 |  | 41.27244888853934 |  | 43.66282044227511 |  | 46.56183246261346 |  | 49.33832605380528
Cal 2012 | 5.967379694239971 | 33.7750944935316 |  | 42.23328730397071 |  | 44.68504460196374 |  | 47.64972161473969 |  | 50.49208410941395
Cal 2013 | 6.089962259791808 | 33.79668206470202 |  | 43.11876543684707 |  | 45.61688327904437 |  | 48.64549918189619 |  | 51.54626873206782
Cal 2014 | 6.216033097312185 | 33.79781648574932 |  | 44.01253969785284 |  | 46.56200820251371 |  | 49.65331409687969 |  | 52.61425267163753
Cal 2015 | 6.293603592026806 | 33.80255116431527 |  | 44.57447915725759 |  | 47.15283811476852 |  | 50.28002172431265 |  | 53.28080857371947
Cal 2016 | 6.48077992243845 | 33.80069597847542 |  | 45.87475638069936 |  | 48.5337052421089 |  | 51.75956429173355 |  | 54.84358899586527
Cal 2017 | 6.653449018047373 | 33.77135533173497 |  | 47.09099784808621 |  | 49.82606037459357 |  | 53.13191763501745 |  | 56.30113681883802
Cal 2018 | 6.801912196494868 | 33.79745376710159 |  | 48.16000130404675 |  | 50.94992173350246 |  | 54.33285439370772 |  | 57.57262675970344
Cal 2019 | 6.944734204286186 | 33.79668206470202 |  | 49.17060846333263 |  | 52.01930856977757 |  | 55.47302281640413 |  | 58.78090892475564
Cal 2020 | 7.082379654710158 | 33.80697343332454 |  | 50.15839207930799 |  | 53.05806224304541 |  | 56.5768659331226 |  | 59.95359883904621
PPA VALUE ($CDN) |  |  | 295000 |  | 548000 |  | 618000 |  | 727000 |  | 845000
OTHER LIABILIATIES
FX | 40000 | for 2002-2020
TAX | 20000 | for 2002-2020
OPERATING RES | 65000 | for 2002-2020
WAB TREATMENT PLANT | 3000 | for 2002-2020
ENVIRONMENTAL | ?
TAU TRANS. COST | 20000 | YTD 2001 already recognized
AVAILABILITY INCENTIVE | 7000 | YTD 2001 already recognized