Licencee:-SOUTHCO LTD. |
ANNEX-A2 |
REVENUE REQUIREMENT FOR THE FY.2002-03 |
Expenditure |
|
RS Crore |
Para XVII Clause-2 (b) of Schedule VI of Elec. (Supply) Act 1948 |
| |
|
|
SOUTHCO |
COMMISSION |
COMMISSION |
| |
|
|
PROPOSAL |
APPROVAL |
APPROVAL |
| |
|
|
TOTAL |
(With
corrective) |
(Without
corrective) |
I. |
|
Purchase
of Energy |
210.36 |
207.42 |
266.3 |
II. |
|
Distribution
& Sale of Energy |
|
|
|
| |
(a) |
Employees
cost |
46.45 |
48.53 |
48.53 |
| |
(b) |
Material
cost |
16.82 |
16.82 |
16.82 |
| |
(c) |
Admn.
& General Expenses |
6.96 |
3.33 |
3.33 |
III. |
|
Rent,
rates and taxes other than all |
0.43 |
Included
in A&G |
Included
in A&G |
| |
|
taxed
on income & profits |
|
|
|
| IV. |
|
Interest
on loans, advanced by Gridco |
10.82 |
11.13 |
11.13 |
| |
(a) |
Interest
on loan borrowed from organisation |
|
|
|
| |
|
I)From
World Bank |
8.01 |
5.79 |
8.01 |
| |
|
ii)From
IFC |
|
|
|
| |
(b) |
Interest
on debenture issued by licensee |
16.25 |
11.05 |
16.25 |
| |
(.c) |
Interest
on Working Capital |
21.42 |
0 |
0.00 |
| V. |
|
Interest
on security deposit |
|
|
|
| VI. |
|
Legal
charges |
0.13 |
Included
in A&G |
Included
in A&G |
| VII. |
|
Bad
debt |
10.00 |
7.76 |
7.76 |
IX. |
|
Management
including managing agents remuneration |
|
|
|
X. |
|
Depreciation
|
26.35 |
12.74 |
12.74 |
XI. |
|
Other
expenses |
0.09 |
Included
in A&G |
Included
in A&G |
XII. |
|
Contribution
to P.F., Staff pension |
6.53 |
Included
in EMP cost |
Included
in EMP cost |
| |
|
Gratuity |
1.32 |
Included
in EMP cost |
Included
in EMP cost |
| |
(a) |
Expenses
on training & other training scheme |
0.06 |
Included
in A&G |
Included
in A&G |
| |
(b) |
Bonus |
0.03 |
Included
in EMP cost |
Included
in EMP cost |
A |
|
(Total expenses I to XII) |
382.10 |
324.58 |
390.88 |
Special appropriation to cover |
Para XVII Clause 2(c) |
| |
|
|
TOTAL |
|
|
I. |
|
Previous
loss |
301.05 |
0 |
0 |
II. |
|
All
taxes on income & profits |
|
|
|
III. |
|
Installments
of written down account in respect of intangible assets and new capital issue expenses |
|
|
|
IV. |
|
Contribution
of contingency reserve |
1.26 |
1.26 |
1.26 |
V. |
|
Contribution
towards arrear depreciation |
|
|
|
| |
(a) |
Contribution
to development reserve |
|
|
|
| |
(b) |
Debt
redemption and obligation |
|
|
|
VI. |
|
Other
special appropriation permitted by State Government |
|
|
|
B |
|
Total
of (I to VI) |
302.31 |
1.26 |
1.26 |
| |
|
Total
(A+B) |
684.42 |
325.84 |
392.14 |