Annexe-B

CALCULATION OF CAPITAL BASE AND REASONABLE RETURN FOR FINANCIAL YEAR 2000-01
(In accordance with para XVII of Schedule VI of Electricity (Supply) Act, 1948)

(Rs.in Crores)

SL.NO.

DESCRIPTION

CESCO'S
PROPOSAL

COMMISSION
APPROVAL

A.

   

(a)

Original cost of fixed asset

446.71

390.95

 

Less: Consumers Contribution

74.81

74.81

(b)

Cost of intangible asset

   

(c)

The original cost of Work in progress

99.97

52.72

(d)

The amount of investment compulsorily made under para-IV

1.18

0.00

(e)

An amount on account of working capital equal to the sum of

   
 

(i) Average cost of stores
(1/12th of the sum of the stores materials and suppliers including fuel in hand at the end of each month of the year)

29.95

4.89

 

(ii) Average cash and bank balance
(1/12th of the sum of cash and bank balance whether credit or debit and call and short term deposits at the end of each month of the year)

23.96

16.19

Total of A:

526.96

389.95

Less

   

B.

   

i)

The amounts written off or set asside on account of depreciation of fixed assets.

102.60

102.15

ii)

The amount of any loan advanced by GRIDCO

   

ii-a)

The amount of any loans borrowed from organisations or institutions approved by the State Govt.

282.00

236.27

ii-b)

The amount of any debenture issued by the licensee.

   

iii)

The amounts of deposited in cash with the licensee by consumers, by way of security.

28.83

28.83

iv)

The amount standing to the credit of Tariffs and Dividends control reserve at the beginning of the year of account.

   

v)

The amount standing to the credit of the Development reserve at the close of the year.

   

vi)

The amount carried forward (at the beginning of the year of accounting) in the accounts of the Licensee for distribution to the consumers.

   

Total of B:

413.43

367.25

Capital Base (A-B)

113.53

22.70

Reasonable Returns @13% on Capital Base

18.17

2.95

 

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