Gas Transmission Assets Overview
Explore the tangible and intangible assets included in the Regulated Asset Base (RAB) for the period 01.10.2019 to 30.09.2020, detailing the values of constructions, technological equipment, measuring devices, transportation means, and more. Understand the approved Capex structure and depreciation periods, along with the methodology for determining asset values. Gain insights into OPEX approved for the period.
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Presentation Transcript
Parameters used on revenue aproval for period 01.10.2019- 30.09.2020 Types of assets included in the RAB and their value calculated at the beginning of the fourth regulatory period, according to Annex 1 to ANRE Order 41/2019 Regulated value related to the gas transmission activity (RON) Tangible/intangible assets Group 1 Constructions 2.959.628.325,97 88.689.713,59 3.929.328,18 2.803.140.176,72 Subgroup 1.1 Buildings Subgroup 1.2 Light constructions Subgroup 1.3 Main pipelines Subgroup 1.4 Wells for injection/extraction of gas from underground storages 2.914.114,51 84.283,93 1.642,47 60.869.066,57 Subgroup 1.5 Steel distribution pipelines Subgroup 1.6 Polyethylene distribution pipelines Subgroup 1.7 Other constructions Group 2 Technological equipment, machinery and work equipment 68.517.501,19 Group 3 Measuring, control and regulation devices and installations 117.903.763,42 Subgroup 3.1 Diaphragm meters, ultrasonic meters, other deprimogenous systems 2.512.309,29 8.201.266,29 Subgroup 3.2 Rotary pistons meter, turbine meters Electronic converters, flow meters, other measurement, control and regulation devices and installations Subgroup 3.3 107.190.187,84 15.500.686,53 Group 4 Transportation means Group 5 Other tangible and intangible assets 24.824.681,44 2.441.197,53 3.188.816.156,08 Group 6 Lands TOTAL
Parameters used on revenue aproval for period 01.10.2019-30.09.2020 Capex structure approved for period oct.2019-sept.2020 Capex structure oct.2019-sept.2020 (thousand RON) 2 No. 0 1 2 * Indicator 1 Depreciation Profit TOTAL CAPEX 166.974,26 226.408,81 393.383,07 For the fourth regulatory period the return on invested capital was set, according to Law no.123 as further amended and supplemented, to 6,90% The methodology for determination of the initial value of the assets is described in Annex no.2 to the Methodology approved by ANRE Order no.41/2019
Parameters used on revenue aproval for period 01.10.2019-30.09.2020 The depreciation periods and the depreciation value of the assets included in the asset base established at the beginning of the fourth regulatory period according to Annex 1 to ANRE Order 41/2019 Regulated depreciation period Regulated depreciation (RON) Tangible/intangible assets Group 1 Constructions 124.878.837,84 4.338.480,69 712.324,90 112.164.179,79 Subgroup 1.1 Buildings 50 Subgroup 1.2 Light constructions 10 Subgroup 1.3 Main pipelines 40 Subgroup 1.4 Wells for injection/extraction of gas from underground storages 25 204.423,07 3.527,76 49,77 7.455.851,86 Subgroup 1.5 Steel distribution pipelines 30 Subgroup 1.6 Polyethylene distribution pipelines 40 Subgroup 1.7 Other constructions 10 Group 2 Technological equipment, machinery and work equipment 10 10.111.506,02 20.773.341,01 Group 3 Measuring, control and regulation devices and installations Subgroup 3.1 Diaphragm meters, ultrasonic meters, other deprimogenous systems 20 178.796,73 731.039,66 Subgroup 3.2 Rotary pistons meter, turbine meters 15 Electronic converters, flow meters, other measurement, control and regulation devices and installations Subgroup 3.3 10 19.863.504,62 3.205.692,41 Group 4 Transportation means 7 Group 5 Other tangible and intangible assets 7 3.281.851,67 17.472,36 162.268.701,33 Group 6 Lands TOTAL
Parameters used on revenue aproval for period 01.10.2019-30.09.2020 (iii) OPEX approved for October 2019-September 2020 amount to RON 679.596,84 thousand (iv) Pass-through costs approved for October 2019-September 2020 amount to RON 141.427,54 thousand (v) Incentive mechanisms and efficiency targets Boosting efficiency is achieved by the adjustment of operating costs. According to the methodology, operating costs are established in the first year of a regulatory period and are adjusted in the subsequent years of the regulatory period with the difference between the inflation rate and the annual rate of gas transmission economic efficiency increase. The rate of gas transmission economic efficiency increase reflects ANRE`s estimations regarding possible OPEX savings, without the technological consumption costs, which may be achieved in a year of the regulatory period to improve the economic performance of the licence holder and is established depending on the efficiency target set for a regulatory period. The rate of gas transmission economic efficiency increase ensures a transfer of economic efficiency in favour of the consumers. The rate of gas transmission economic efficiency increase established by ANRE Order 64/2019 for each year of the fourth regulatory period is 1,5%. The inflation rate approved for October 2019-September 2020 is 2,90.
