❓ Details Western Power/SEC contributions to WA consolidated revenue since 1984, totaling $1.5679 billion. Notes figures are nominal and don't account for CSO payments.
AnsweredQoN 486Legislative Council
QuestionView source ↗
(1) What are the annual details in dollars of the Western Power and/or the State Energy Commission’s contributions to the consolidated revenue since 1984? (2) What is the total in dollar terms since 1984? Hon NICK GRIFFITHS
AnswerView source ↗
The question has been redirected to me in my capacity representing the Treasurer. I seek leave to have the first part of answer (1) incorporated in Hansard . Leave granted. The following material was incorporated - (1) Contributions from Western Power/SEC to the consolidated fund, are as follows: Year $ million 2002-03 203.7 2001-02 203.4 2000-01 182.7 1999-00 114.8 1998-99 112.0 1997-98 89.8 1996-97 68.0 1995-96 73.6 1994-95 107.0 1993-94 82.1 1992-93 64.1 1991-92 63.9 1990-91 42.5 1989-00 36.3 1988-89 33.0 1987-88 28.6 1986-87 25.0 1985-86 21.3 1984-85 16.1 Hon NICK GRIFFITHS: It should be noted that the amounts from 2000-01 include dividends at a 50 per cent payout rate in terms of a policy set in place by the previous Minister for Energy in March 2000. Note that the contributions are on an accrual basis and that they are in nominal terms so that the more recent figures are exaggerated in relation to earlier figures. They also do not represent a net flow to Government as they do not take account of community service obligation - CSO - payments to Western Power. CSO payments in this case are payments the Government makes to Western Power to provide services that would otherwise not be profitable and therefore would not have been performed under its commercial charter. Examples include the Government making payments to Western Power for pensioners and seniors concessions. (2) The total contribution to the consolidated fund is $1.567.9 million.
(2) What is the total in dollar terms since 1984? Hon NICK GRIFFITHS replied: The question has been redirected to me in my capacity representing the Treasurer. I seek leave to have the first part of answer (1) incorporated in Hansard . Leave granted. The following material was incorporated - (1) Contributions from Western Power/SEC to the consolidated fund, are as follows: Year $ million 2002-03 203.7 2001-02 203.4 2000-01 182.7 1999-00 114.8 1998-99 112.0 1997-98 89.8 1996-97 68.0 1995-96 73.6 1994-95 107.0 1993-94 82.1 1992-93 64.1 1991-92 63.9 1990-91 42.5 1989-00 36.3 1988-89 33.0 1987-88 28.6 1986-87 25.0 1985-86 21.3 1984-85 16.1 Hon NICK GRIFFITHS: It should be noted that the amounts from 2000-01 include dividends at a 50 per cent payout rate in terms of a policy set in place by the previous Minister for Energy in March 2000. Note that the contributions are on an accrual basis and that they are in nominal terms so that the more recent figures are exaggerated in relation to earlier figures. They also do not represent a net flow to Government as they do not take account of community service obligation - CSO - payments to Western Power. CSO payments in this case are payments the Government makes to Western Power to provide services that would otherwise not be profitable and therefore would not have been performed under its commercial charter. Examples include the Government making payments to Western Power for pensioners and seniors concessions. (2) The total contribution to the consolidated fund is $1.567.9 million.
Hon NICK GRIFFITHS replied: The question has been redirected to me in my capacity representing the Treasurer. I seek leave to have the first part of answer (1) incorporated in Hansard . Leave granted. The following material was incorporated - (1) Contributions from Western Power/SEC to the consolidated fund, are as follows: Year $ million 2002-03 203.7 2001-02 203.4 2000-01 182.7 1999-00 114.8 1998-99 112.0 1997-98 89.8 1996-97 68.0 1995-96 73.6 1994-95 107.0 1993-94 82.1 1992-93 64.1 1991-92 63.9 1990-91 42.5 1989-00 36.3 1988-89 33.0 1987-88 28.6 1986-87 25.0 1985-86 21.3 1984-85 16.1 Hon NICK GRIFFITHS: It should be noted that the amounts from 2000-01 include dividends at a 50 per cent payout rate in terms of a policy set in place by the previous Minister for Energy in March 2000. Note that the contributions are on an accrual basis and that they are in nominal terms so that the more recent figures are exaggerated in relation to earlier figures. They also do not represent a net flow to Government as they do not take account of community service obligation - CSO - payments to Western Power. CSO payments in this case are payments the Government makes to Western Power to provide services that would otherwise not be profitable and therefore would not have been performed under its commercial charter. Examples include the Government making payments to Western Power for pensioners and seniors concessions. (2) The total contribution to the consolidated fund is $1.567.9 million.
The question has been redirected to me in my capacity representing the Treasurer. I seek leave to have the first part of answer (1) incorporated in Hansard . Leave granted. The following material was incorporated - (1) Contributions from Western Power/SEC to the consolidated fund, are as follows: Year $ million 2002-03 203.7 2001-02 203.4 2000-01 182.7 1999-00 114.8 1998-99 112.0 1997-98 89.8 1996-97 68.0 1995-96 73.6 1994-95 107.0 1993-94 82.1 1992-93 64.1 1991-92 63.9 1990-91 42.5 1989-00 36.3 1988-89 33.0 1987-88 28.6 1986-87 25.0 1985-86 21.3 1984-85 16.1 Hon NICK GRIFFITHS: It should be noted that the amounts from 2000-01 include dividends at a 50 per cent payout rate in terms of a policy set in place by the previous Minister for Energy in March 2000. Note that the contributions are on an accrual basis and that they are in nominal terms so that the more recent figures are exaggerated in relation to earlier figures. They also do not represent a net flow to Government as they do not take account of community service obligation - CSO - payments to Western Power. CSO payments in this case are payments the Government makes to Western Power to provide services that would otherwise not be profitable and therefore would not have been performed under its commercial charter. Examples include the Government making payments to Western Power for pensioners and seniors concessions. (2) The total contribution to the consolidated fund is $1.567.9 million.
Leave granted. The following material was incorporated - (1) Contributions from Western Power/SEC to the consolidated fund, are as follows: Year $ million 2002-03 203.7 2001-02 203.4 2000-01 182.7 1999-00 114.8 1998-99 112.0 1997-98 89.8 1996-97 68.0 1995-96 73.6 1994-95 107.0 1993-94 82.1 1992-93 64.1 1991-92 63.9 1990-91 42.5 1989-00 36.3 1988-89 33.0 1987-88 28.6 1986-87 25.0 1985-86 21.3 1984-85 16.1 Hon NICK GRIFFITHS: It should be noted that the amounts from 2000-01 include dividends at a 50 per cent payout rate in terms of a policy set in place by the previous Minister for Energy in March 2000. Note that the contributions are on an accrual basis and that they are in nominal terms so that the more recent figures are exaggerated in relation to earlier figures. They also do not represent a net flow to Government as they do not take account of community service obligation - CSO - payments to Western Power. CSO payments in this case are payments the Government makes to Western Power to provide services that would otherwise not be profitable and therefore would not have been performed under its commercial charter. Examples include the Government making payments to Western Power for pensioners and seniors concessions. (2) The total contribution to the consolidated fund is $1.567.9 million.
The following material was incorporated - (1) Contributions from Western Power/SEC to the consolidated fund, are as follows: Year $ million 2002-03 203.7 2001-02 203.4 2000-01 182.7 1999-00 114.8 1998-99 112.0 1997-98 89.8 1996-97 68.0 1995-96 73.6 1994-95 107.0 1993-94 82.1 1992-93 64.1 1991-92 63.9 1990-91 42.5 1989-00 36.3 1988-89 33.0 1987-88 28.6 1986-87 25.0 1985-86 21.3 1984-85 16.1 Hon NICK GRIFFITHS: It should be noted that the amounts from 2000-01 include dividends at a 50 per cent payout rate in terms of a policy set in place by the previous Minister for Energy in March 2000. Note that the contributions are on an accrual basis and that they are in nominal terms so that the more recent figures are exaggerated in relation to earlier figures. They also do not represent a net flow to Government as they do not take account of community service obligation - CSO - payments to Western Power. CSO payments in this case are payments the Government makes to Western Power to provide services that would otherwise not be profitable and therefore would not have been performed under its commercial charter. Examples include the Government making payments to Western Power for pensioners and seniors concessions. (2) The total contribution to the consolidated fund is $1.567.9 million.
(1) Contributions from Western Power/SEC to the consolidated fund, are as follows: Year $ million 2002-03 203.7 2001-02 203.4 2000-01 182.7 1999-00 114.8 1998-99 112.0 1997-98 89.8 1996-97 68.0 1995-96 73.6 1994-95 107.0 1993-94 82.1 1992-93 64.1 1991-92 63.9 1990-91 42.5 1989-00 36.3 1988-89 33.0 1987-88 28.6 1986-87 25.0 1985-86 21.3 1984-85 16.1 Hon NICK GRIFFITHS: It should be noted that the amounts from 2000-01 include dividends at a 50 per cent payout rate in terms of a policy set in place by the previous Minister for Energy in March 2000. Note that the contributions are on an accrual basis and that they are in nominal terms so that the more recent figures are exaggerated in relation to earlier figures. They also do not represent a net flow to Government as they do not take account of community service obligation - CSO - payments to Western Power. CSO payments in this case are payments the Government makes to Western Power to provide services that would otherwise not be profitable and therefore would not have been performed under its commercial charter. Examples include the Government making payments to Western Power for pensioners and seniors concessions. (2) The total contribution to the consolidated fund is $1.567.9 million.
(1) Contributions from Western Power/SEC to the consolidated fund, are as follows: Year $ million 2002-03 203.7 2001-02 203.4 2000-01 182.7 1999-00 114.8 1998-99 112.0 1997-98 89.8 1996-97 68.0 1995-96 73.6 1994-95 107.0 1993-94 82.1 1992-93 64.1 1991-92 63.9 1990-91 42.5 1989-00 36.3 1988-89 33.0 1987-88 28.6 1986-87 25.0 1985-86 21.3 1984-85 16.1 Hon NICK GRIFFITHS: It should be noted that the amounts from 2000-01 include dividends at a 50 per cent payout rate in terms of a policy set in place by the previous Minister for Energy in March 2000. Note that the contributions are on an accrual basis and that they are in nominal terms so that the more recent figures are exaggerated in relation to earlier figures. They also do not represent a net flow to Government as they do not take account of community service obligation - CSO - payments to Western Power. CSO payments in this case are payments the Government makes to Western Power to provide services that would otherwise not be profitable and therefore would not have been performed under its commercial charter. Examples include the Government making payments to Western Power for pensioners and seniors concessions. (2) The total contribution to the consolidated fund is $1.567.9 million.
Hon NICK GRIFFITHS: It should be noted that the amounts from 2000-01 include dividends at a 50 per cent payout rate in terms of a policy set in place by the previous Minister for Energy in March 2000. Note that the contributions are on an accrual basis and that they are in nominal terms so that the more recent figures are exaggerated in relation to earlier figures. They also do not represent a net flow to Government as they do not take account of community service obligation - CSO - payments to Western Power. CSO payments in this case are payments the Government makes to Western Power to provide services that would otherwise not be profitable and therefore would not have been performed under its commercial charter. Examples include the Government making payments to Western Power for pensioners and seniors concessions. (2) The total contribution to the consolidated fund is $1.567.9 million.
(2) What is the total in dollar terms since 1984? Hon NICK GRIFFITHS replied: The question has been redirected to me in my capacity representing the Treasurer. I seek leave to have the first part of answer (1) incorporated in Hansard . Leave granted. The following material was incorporated - (1) Contributions from Western Power/SEC to the consolidated fund, are as follows: Year $ million 2002-03 203.7 2001-02 203.4 2000-01 182.7 1999-00 114.8 1998-99 112.0 1997-98 89.8 1996-97 68.0 1995-96 73.6 1994-95 107.0 1993-94 82.1 1992-93 64.1 1991-92 63.9 1990-91 42.5 1989-00 36.3 1988-89 33.0 1987-88 28.6 1986-87 25.0 1985-86 21.3 1984-85 16.1 Hon NICK GRIFFITHS: It should be noted that the amounts from 2000-01 include dividends at a 50 per cent payout rate in terms of a policy set in place by the previous Minister for Energy in March 2000. Note that the contributions are on an accrual basis and that they are in nominal terms so that the more recent figures are exaggerated in relation to earlier figures. They also do not represent a net flow to Government as they do not take account of community service obligation - CSO - payments to Western Power. CSO payments in this case are payments the Government makes to Western Power to provide services that would otherwise not be profitable and therefore would not have been performed under its commercial charter. Examples include the Government making payments to Western Power for pensioners and seniors concessions. (2) The total contribution to the consolidated fund is $1.567.9 million.
Hon NICK GRIFFITHS replied: The question has been redirected to me in my capacity representing the Treasurer. I seek leave to have the first part of answer (1) incorporated in Hansard . Leave granted. The following material was incorporated - (1) Contributions from Western Power/SEC to the consolidated fund, are as follows: Year $ million 2002-03 203.7 2001-02 203.4 2000-01 182.7 1999-00 114.8 1998-99 112.0 1997-98 89.8 1996-97 68.0 1995-96 73.6 1994-95 107.0 1993-94 82.1 1992-93 64.1 1991-92 63.9 1990-91 42.5 1989-00 36.3 1988-89 33.0 1987-88 28.6 1986-87 25.0 1985-86 21.3 1984-85 16.1 Hon NICK GRIFFITHS: It should be noted that the amounts from 2000-01 include dividends at a 50 per cent payout rate in terms of a policy set in place by the previous Minister for Energy in March 2000. Note that the contributions are on an accrual basis and that they are in nominal terms so that the more recent figures are exaggerated in relation to earlier figures. They also do not represent a net flow to Government as they do not take account of community service obligation - CSO - payments to Western Power. CSO payments in this case are payments the Government makes to Western Power to provide services that would otherwise not be profitable and therefore would not have been performed under its commercial charter. Examples include the Government making payments to Western Power for pensioners and seniors concessions. (2) The total contribution to the consolidated fund is $1.567.9 million.
The question has been redirected to me in my capacity representing the Treasurer. I seek leave to have the first part of answer (1) incorporated in Hansard . Leave granted. The following material was incorporated - (1) Contributions from Western Power/SEC to the consolidated fund, are as follows: Year $ million 2002-03 203.7 2001-02 203.4 2000-01 182.7 1999-00 114.8 1998-99 112.0 1997-98 89.8 1996-97 68.0 1995-96 73.6 1994-95 107.0 1993-94 82.1 1992-93 64.1 1991-92 63.9 1990-91 42.5 1989-00 36.3 1988-89 33.0 1987-88 28.6 1986-87 25.0 1985-86 21.3 1984-85 16.1 Hon NICK GRIFFITHS: It should be noted that the amounts from 2000-01 include dividends at a 50 per cent payout rate in terms of a policy set in place by the previous Minister for Energy in March 2000. Note that the contributions are on an accrual basis and that they are in nominal terms so that the more recent figures are exaggerated in relation to earlier figures. They also do not represent a net flow to Government as they do not take account of community service obligation - CSO - payments to Western Power. CSO payments in this case are payments the Government makes to Western Power to provide services that would otherwise not be profitable and therefore would not have been performed under its commercial charter. Examples include the Government making payments to Western Power for pensioners and seniors concessions. (2) The total contribution to the consolidated fund is $1.567.9 million.
Leave granted. The following material was incorporated - (1) Contributions from Western Power/SEC to the consolidated fund, are as follows: Year $ million 2002-03 203.7 2001-02 203.4 2000-01 182.7 1999-00 114.8 1998-99 112.0 1997-98 89.8 1996-97 68.0 1995-96 73.6 1994-95 107.0 1993-94 82.1 1992-93 64.1 1991-92 63.9 1990-91 42.5 1989-00 36.3 1988-89 33.0 1987-88 28.6 1986-87 25.0 1985-86 21.3 1984-85 16.1 Hon NICK GRIFFITHS: It should be noted that the amounts from 2000-01 include dividends at a 50 per cent payout rate in terms of a policy set in place by the previous Minister for Energy in March 2000. Note that the contributions are on an accrual basis and that they are in nominal terms so that the more recent figures are exaggerated in relation to earlier figures. They also do not represent a net flow to Government as they do not take account of community service obligation - CSO - payments to Western Power. CSO payments in this case are payments the Government makes to Western Power to provide services that would otherwise not be profitable and therefore would not have been performed under its commercial charter. Examples include the Government making payments to Western Power for pensioners and seniors concessions. (2) The total contribution to the consolidated fund is $1.567.9 million.
The following material was incorporated - (1) Contributions from Western Power/SEC to the consolidated fund, are as follows: Year $ million 2002-03 203.7 2001-02 203.4 2000-01 182.7 1999-00 114.8 1998-99 112.0 1997-98 89.8 1996-97 68.0 1995-96 73.6 1994-95 107.0 1993-94 82.1 1992-93 64.1 1991-92 63.9 1990-91 42.5 1989-00 36.3 1988-89 33.0 1987-88 28.6 1986-87 25.0 1985-86 21.3 1984-85 16.1 Hon NICK GRIFFITHS: It should be noted that the amounts from 2000-01 include dividends at a 50 per cent payout rate in terms of a policy set in place by the previous Minister for Energy in March 2000. Note that the contributions are on an accrual basis and that they are in nominal terms so that the more recent figures are exaggerated in relation to earlier figures. They also do not represent a net flow to Government as they do not take account of community service obligation - CSO - payments to Western Power. CSO payments in this case are payments the Government makes to Western Power to provide services that would otherwise not be profitable and therefore would not have been performed under its commercial charter. Examples include the Government making payments to Western Power for pensioners and seniors concessions. (2) The total contribution to the consolidated fund is $1.567.9 million.
(1) Contributions from Western Power/SEC to the consolidated fund, are as follows: Year $ million 2002-03 203.7 2001-02 203.4 2000-01 182.7 1999-00 114.8 1998-99 112.0 1997-98 89.8 1996-97 68.0 1995-96 73.6 1994-95 107.0 1993-94 82.1 1992-93 64.1 1991-92 63.9 1990-91 42.5 1989-00 36.3 1988-89 33.0 1987-88 28.6 1986-87 25.0 1985-86 21.3 1984-85 16.1 Hon NICK GRIFFITHS: It should be noted that the amounts from 2000-01 include dividends at a 50 per cent payout rate in terms of a policy set in place by the previous Minister for Energy in March 2000. Note that the contributions are on an accrual basis and that they are in nominal terms so that the more recent figures are exaggerated in relation to earlier figures. They also do not represent a net flow to Government as they do not take account of community service obligation - CSO - payments to Western Power. CSO payments in this case are payments the Government makes to Western Power to provide services that would otherwise not be profitable and therefore would not have been performed under its commercial charter. Examples include the Government making payments to Western Power for pensioners and seniors concessions. (2) The total contribution to the consolidated fund is $1.567.9 million.
(1) Contributions from Western Power/SEC to the consolidated fund, are as follows: Year $ million 2002-03 203.7 2001-02 203.4 2000-01 182.7 1999-00 114.8 1998-99 112.0 1997-98 89.8 1996-97 68.0 1995-96 73.6 1994-95 107.0 1993-94 82.1 1992-93 64.1 1991-92 63.9 1990-91 42.5 1989-00 36.3 1988-89 33.0 1987-88 28.6 1986-87 25.0 1985-86 21.3 1984-85 16.1 Hon NICK GRIFFITHS: It should be noted that the amounts from 2000-01 include dividends at a 50 per cent payout rate in terms of a policy set in place by the previous Minister for Energy in March 2000. Note that the contributions are on an accrual basis and that they are in nominal terms so that the more recent figures are exaggerated in relation to earlier figures. They also do not represent a net flow to Government as they do not take account of community service obligation - CSO - payments to Western Power. CSO payments in this case are payments the Government makes to Western Power to provide services that would otherwise not be profitable and therefore would not have been performed under its commercial charter. Examples include the Government making payments to Western Power for pensioners and seniors concessions. (2) The total contribution to the consolidated fund is $1.567.9 million.
Hon NICK GRIFFITHS: It should be noted that the amounts from 2000-01 include dividends at a 50 per cent payout rate in terms of a policy set in place by the previous Minister for Energy in March 2000. Note that the contributions are on an accrual basis and that they are in nominal terms so that the more recent figures are exaggerated in relation to earlier figures. They also do not represent a net flow to Government as they do not take account of community service obligation - CSO - payments to Western Power. CSO payments in this case are payments the Government makes to Western Power to provide services that would otherwise not be profitable and therefore would not have been performed under its commercial charter. Examples include the Government making payments to Western Power for pensioners and seniors concessions. (2) The total contribution to the consolidated fund is $1.567.9 million.
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