Public Domain 2005: BWH: Table C

June Return 2005 Public Domain

Bournemouth & West Hampshire

Boards Overview, Table C
Expenditure and Financial Performance measures


	Description	Units	1997-98	1998-99	1999-00	2000-01	2001-02	2002-03	2003-04	2004-05

	TOTAL EXPENDITURE
1	Total operating expenditure - water service	£m	13.273	13.148	14.540	14.665	14.018	12.962	13.757	13.650
2	Total capital expenditure (excl. adopted and nil cost assets) - water service	£m	11.869	9.826	5.596	7.270	10.940	13.691	10.604	9.648
3	Total operating expenditure - sewerage service	£m
4	Total capital expenditure (excl. adopted and nil cost assets) - sewerage service	£m
	CURRENT COST ACCOUNTS - PROFIT & LOSS
5	Turnover	£m	25.285	25.817	26.874	26.460	26.792	27.166	28.413	29.975
6	Current cost operating costs (including CCD and IRC)	£m	-18.398	-18.416	-20.214	-20.325	-20.383	-20.333	-21.895	-22.007
7	Current cost operating profit	£m	6.794	7.068	6.628	6.121	6.403	6.016	6.517	7.879
	CAPITAL BASE & POST TAX RETURN
8	Capital Value Yr End (outturn)	£m	79.017	83.360	88.070	90.903	96.020	95.988	108.224	113.576
9	Total net debt	£m	12.683	16.677	15.510	14.592	18.007	22.296	22.614	20.706
10	Post-tax Return on Capital	%	8.96	8.73	7.81	6.89	5.48	4.70	4.68	5.20
	KEY FINANCIAL INDICATORS
11	Interest Cover	ratio	20.15	10.26	9.53	7.92	9.53	9.80	9.13	9.07
12	Gearing (D/D+Equity)	ratio	0.17	0.21	0.19	0.18	0.21	0.24	0.24	0.22
13	Cash Interest Cover I (EBITDA)	ratio	19.19	15.66	15.09	12.87	13.22	16.69	14.12	13.64
14	Cash Interest Cover II (EBIDA)	ratio	14.78	12.54	11.99	11.11	11.87	14.60	12.81	11.98

The line 8 Capital Value Yr End (outturn) value for 2004-05 has been recalculated from 1997-98 to outturn prices using year end RPI for 2004-05 divided by year end RPI for 1997-98. This results in values which are consistent with those published in RD 07/05. The method of indexation applied to values for previous years is unchanged. They are calculated using RPI financial year end for 2004-05 divided by financial year average for 1997-98.