Spreadsheet: 51fcb3d9-04d8-441a-af69-6172a9a97adb
Sheet: HAL - CAA - fp

 | Heathrow - CAA Projections - October 2013 - Final Proposals
 | This sheet shows the CAA's final proposals for HAL's opex allowance in Q6.
 | Bottom Up Projections
 | CAA March 2013 HAL Projections | Q5 |  |  |  |  | Q5+1 | Q6 |  |  |  |  |  |  | CAA March 2013 HAL Projections - Summary Q5+1 |  |  |  |  |  | CAA March 2013 HAL Projections - Summary Q6
 | £m nominal | 2008/09 | 2009/10 | 2010/11 | 2011/12 | 2012/13 | 2013/14 | 2014/15 | 2015/16 | 2016/17 | 2017/18 | 2018/19 |  |  | £m nominal | Total Q5+1 | % of ABP | CAGR (Q5+1) | Opex per Pax |  | £m nominal | Total Q6 | % of ABP | CAGR (Q6) | Opex per Pax | Relative to 2012/13
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | na
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | na
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | na
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | na
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | na
 | Price Base Conversion 11/12 to Nominal
 | CAA March 2013 HAL Projections | Q5 |  |  |  |  | Q5+1 | Q6 |  |  |  |  |  |  | CAA March 2013 HAL Projections - Summary Q5+1 |  |  |  |  |  | CAA March 2013 HAL Projections - Summary Q6
 | Include Rate Efficiency? | 1 |  | Set to 1 to include the rates revaluation efficiency (without passthrough).
 | £m 2011/12 prices | 2008/09 | 2009/10 | 2010/11 | 2011/12 | 2012/13 | 2013/14 | 2014/15 | 2015/16 | 2016/17 | 2017/18 | 2018/19 |  |  | £m 2011/12 prices | Total Q5+1 | % of ABP | CAGR (Q5+1) | Opex per Pax |  | £m 2011/12 prices | Total Q6 | % of ABP | CAGR (Q6) | Opex per Pax | Relative to 2012/13
 | Passengers (fbp) (m)
 | Passengers (r/abp) (m)
 | Total IBP
 | Total FBP
 | Total ABP
 | Profile of CU Efficiency |  |  |  |  |  |  | 0.2 | 0.4 | 0.6 | 0.8 | 1
 | CAA - ip - Efficiency relative to FBP |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | na
 | LACC - Efficiency relative to FBP |  |  |  |  |  |  | -79 | -158 | -237 | -316 | -395 |  |  |  |  |  |  |  |  |  |  |  | na
 | CAA - fp - Efficiency - low stretch |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | na
 | CAA - fp - Efficiency - mid stretch |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | na
 | CAA - fp - Efficiency - high stretch |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | na
 | CAA - ip - opex
 | LACC - opex
 | CAA - fp - opex - low stretch
 | CAA - fp - opex - mid stretch
 | CAA - fp - opex - high stretch
 | Opex per pax IBP
 | Opex per pax FBP
 | Opex per pax aBP
 | CAA - ip - opex per pax
 | LACC - opex per passenger
 | CAA - fp - opex per passenger - low stretch
 | CAA - fp - opex per passenger - mid stretch
 | CAA - fp - opex per passenger - high stretch
 | Charts - Final Proposals
 | Charts - Compare Positions
 | Analysis of Efficiency
 |  | Q5 |  |  |  |  | Q5+1 | Q6 |  |  |  |  |  | Q6 Total
 | 2011/12 prices | 2008/09 | 2009/10 | 2010/11 | 2011/12 | 2012/13 | 2013/14 | 2014/15 | 2015/16 | 2016/17 | 2017/18 | 2018/19
 | ABP
 | Other opex
 | Maintenance
 | Central support |  |  |  |  |  |  | 0 | 0 | 0 | 0 | 0
 | Wage efficiency
 | Pensions
 | Frontier shift
 | PRT
 | Total
 | CAA
 | Check?
 | Breakdown
 | [NAME] of bottom up mid point estimate | IBP | FBP | ABP | Wage efficiency | Other opex | Maintenance | Frontier shift | Pension efficiency | Central support | PRT | CAA | BA |  |  |  | [NAME] of bottom up mid point estimate | IBP | FBP | ABP | Wage efficiency | Other opex | Maintenance | Frontier shift | PRT | CAA | BA
 | IBP | 5304.114573754301 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | IBP
 | FBP |  | 5233.999999999999 |  |  |  |  |  |  |  |  |  |  |  |  |  | FBP
 | ABP |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | ABP
 | Wage efficiency |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Wage efficiency
 | Other opex |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Other opex
 | Maintenance |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Maintenance
 | Frontier shift |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Frontier shift
 | Pension efficiency |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Pension efficiency
 | Central support |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Central services
 | PRT |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | PRT
 | CAA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CAA
 | BA |  |  |  |  |  |  |  |  |  |  |  | 4048.121971322503 |  |  |  | BA
 | End