Schedule A: Forecast MAR summary Forecast MAR applied to pricing years in RCP2 ending Forecast MAR is calculated based on building block values for the disclosure year ending Initial determined value of forecast MAR Incremental update to forecast MAR determined not later than 30 November 2015 Incremental update to forecast MAR determined not than 30 November 2016 Incremental update to forecast MAR determined not later than 30 November 2017 Incremental update to forecast MAR determined not later than 30 November 2018 Total forecast MAR applicable to the pricing year [Column 1] [Column 2] [Column 3] [Column 4] [Column 5] [Column 6] [Column 7] [Column 8] 31 March 2016 (Year 1) 30 June 2016 $XXX.X million N/A N/A N/A N/A $XXX.X million 31 2017 (Year 2) 30 June 2017 $XXX.X million $XX.X million N/A N/A N/A $XXX.X million 31 March 2018 (Year 3) 30 June 2018 $XXX.X million $XX.X million $XX.X million N/A N/A $XXX.X million 31 March 2019 (Year 4) 30 June 2019 $XXX.X million $XX.X million $XX.X million $XX.X million N/A $XXX.X million 31 March 2020 (Year 5) 30 June 2020 $XXX.X million $XX.X million $XX.X million $XX.X million $XX.X million $XXX.X million
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
Transmission revenues received Sum of transmission revenue H (1 + A1)238/365 H x (1 + A1)238/365 Revenue recovery of and recoverable costs Sum of amounts in respect of pass-through costs and recoverable costs included in transmission revenue I (1 + A1)238/365 I x (1 + A1)238/365 Transpower adjustment to recognise voluntarily foregone revenues Amount of HVAC revenue and HVDC revenue permanently foregone by Transpower J (1 + A1)238/365 J x (1 + A1)238/365 Other regulated income Sum of regulated income K (1 + A1)182/365 K x (1 + A1)182/365 Gain/(loss) on disposal of assets Sum of disposal proceeds less opening RAB value for disposed assets L (1 + A1)182/365 L x (1 + A1)182/365 income Sum of wash-up values for formulas H to L Sum M = sum of wash-up values H, J, K and L, less wash-up value I WASH-UP BUILDING DESCRIPTION OF NOMINAL INPUT TO BE APPLIED FORMULA FOR INCOME/ EXPENDITURE/ OTHER NOMINAL VALUES CASH FLOW TIMING FACTOR TO APPLY TO NOMINAL VALUE WASH-UP
EV adjustment included in forecast MAR Adjustment to recognise the EV adjustment, before tax gross up, as applied in setting the forecast MAR U U EV ACCOUNT ENTRY This is the after-tax ex-post economic gain or loss adjusted for the EV adjustment applied in setting the forecast MAR for the relevant pricing year, and is an EV account entry Difference V = Difference T less value U
DVK0111 Dannevirke RFN1101 Reefton FHL0331 Fernhill ROT0111 Rotorua 11 kV FKN0331 Frankton (A) ROT0331 Rotorua 33 kV FKN0332 Frankton (B) SBK0331 Southbrook GIS0501 Gisborne SDN0331 South Dunedin GLN0332 Glenbrook (A) STK0331 Stoke GOR0331 Gore STU0111 Studholme LTN0331 Linton WPW0331 Waipawa 33 kV MHO0331 Mangahao WRA0111 Wairoa MLG0111 Melling 11kV WRK0331 Wairakei MLG0331 Melling 33 kV WTK0331 Waitaki MOT0111 Motueka WTU0331 Whakatu MST0331 Masterton SWN0251 Southdown 25 kV Generator Point of service that connects generation customers ARI1101 Arapuni OHK2201 Ohakuri ATI2201 Atiamuri OKI2201 Ohaaki AVI2201 Aviemore OTA1101 Otahuhu A 110 kV BEN2201 Benmore 220 kV OTA2201 Otahuhu C 220 kV COB0661 Cobb ROT1101 Rotorua 110 kV COL0661 Coleridge ROX1101 Roxburgh 110 kV CYD2201 Clyde ROX2201 Roxburgh 220 kV HLY2201 Huntly RPO2201 Rangipo HWA1102 Hawera (B) SFD2201 Stratford THI2201 Te Mihi MAN2201 Manapouri TKB2201 Tekapo B MAT1101 Matahina (A) TKU2201 Tokaanu MAT1102 Matahina (B) TUI1101 Tuai MTI2201 Maraetai TWC2201 Tararua Windfarm C NAP2201 Nga Awa Purua WDV1101 Te Apiti Wind Farm NAP2201 Ngatamariki WHI2201 Whirinaki OHA2201 Ohau A WKM2201 Whakamaru OHB2201 Ohau B WRK2201 Wairakei OHC2201 Ohau C
Schedule G: Quality standards - selected circuits for HVAC availability measure Circuits 1 and 2 Ohakuri-Wairakei 1 Manapouri-North Makarewa 1,2 and 3 Te Mihi-Whakamaru 1 North Makarewa-Tiwai 1 and 2 Bunnythorpe-Tokaanu 1 and 2 1 and 2 Rangipo-Tangiwai 1 Ashburton-Timaru-Twizel 1 and 2 Brownhill-Whakamaru 1 and 2 Brownhill-Pakuranga 1 and 2 Atiamuri-Whakamaru 1 Invercargill- Manapouri 2 Te Mihi-Wairakei 1 Tekapo B-Twizel 1 Pakuranga-Whakamaru 1 and 2 Islington-Tekapo B 1 Ohau B-Twizel 3 Ohau C-Twizel 4 Ashburton-Islington 1 Islington-Livingstone 1