| Licencee CESCO |
Annex-B1 |
|
CALCULATION OF CAPITAL BASE AND REASONABLE
RETURN FOR FINANCIAL YEAR 2001-02
|
| [In accordance
with para XVII of Schedule VI of Electricity (Supply) Act, 1948] |
(Rs. Crore) |
| A. |
|
CESCO'S PROPOSAL |
COMMISSION APPROVAL |
| (a) |
Original cost of
fixed asset |
486.60 |
486.60 |
| |
Less : Consumer
Contribution |
81.13 |
81.13 |
| (b) |
Cost of
intangible asset |
|
- |
| (c) |
The original
cost of Work in progress |
134.86 |
134.86 |
| (d) |
The amount of
investment compulsorily made under para-IV |
1.22 |
- |
| (e) |
An
amount on account of working capital equal to the sum of |
|
- |
| |
(i)
Average cost of stores |
70.25 |
5.86 |
| |
(ii) Average cash and bank balance |
21.52 |
16.91 |
| Total of A: |
|
633.31 |
563.09 |
| |
|
|
|
| Less |
|
|
|
| B. |
|
|
|
| i) |
The amounts
written off or set aside on account of depreciation |
152.42 |
136.96 |
| |
of fixed assets. |
|
- |
| ii) |
The amount of
any loan advanced by Board. |
|
- |
| ii-a) |
The amount of any loans borrowed from organisations or
institutions approved by the State Govt. |
407.47 |
323.32 |
| 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. |
34.40 |
34.40 |
| 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: |
|
594.291
|
494.685
|
| Capital Base (A-B) |
|
39.018
|
68.406
|
| Reasonable return @ 16% on Capital Base |
|
6.24
|
8.89
|
|
16%
|
13% |
| |
0.5% on LT loan |
|
1.62
|
|
10.51
|