Home›Questions on Notice›QoN 3251

❓ Mr. Johnston asks about Western Power's budgeted profit, dividend payments, and tax equivalent payments to the government for the financial years 2014-2018. The answer provides specific figures for each category and year, based on the Mid-Year Review budget 2014/15.

AnsweredQoN 3251Legislative Assembly

Asked

27 November 2014

Member

Mr W.J. Johnston

Portfolio

Energy

QuestionView source ↗

I refer to the Government’s budgeted profit before income tax equivalent expenses for Western Power for, and ask: (a) what are the current up-dated budgeted expectations for Western Power’s profit for the following financial years: (i) 2014–2015; (ii) 2015–2016; (iii) 2016–2017; and (iv) 2017–2018; (b) what are the current expected dividend payments from Western Power to the Government for each of the following financial years: (i) 2014–2015; (ii) 2015–2016; (iii) 2016–2017; and (iv) 2017–2018; and (c) what are the current expected tax equivalent payments from Western Power to the Government for each of the following financial years: (i) 2014–2015; (ii) 2015–2016; (iii) 2016–2017; and (iv) 2017–2018?

AnswerView source ↗

Answered

17 February 2015

Responded by

Minister for Energy

Response time

82 days

(a)(i) 2014-15: NPBT $307.6 million
(ii) 2015-16: NPBT $311.3 million
(iii) 2016-17: NPBT $340.1 million
(iv) 2017-18: NPBT $318.1 million
(b)(i) 2014-15: $229.9 million
(ii) 2015-16: $137.0 million
(iii) 2016-17: $147.3 million
(iv) 2017-18: $149.8 million
(c)(i) 2014-15: Nil
(ii) 2015-16: Nil
(iii) 2016-17: Nil
(iv) 2017-18: Nil
Please note that all of the above values are based on Western Power's approved Mid-Year Review budget 2014/15.

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