Mr. Johnston requests updated budget expectations for Horizon Power's profit, dividends, and tax equivalent payments for the financial years 2014-2018. The answer provides the requested figures based on Horizon Power's approved Mid-Year Review budget 2014/15.

AnsweredQoN 3243Legislative Assembly
Asked
27 November 2014
Portfolio
Energy

QuestionView source ↗

I refer to the Government’s budgeted profit, dividends and income tax equivalent expenses for Horizon Power, and ask: (a) what are the current up-dated budgeted expectations for Horizon 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 Horizon 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 Horizon 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) 2014-2015; NPBT ($,000) $33,789
(ii) 2015-2016; NPBT ($,000) $26,893
(iii) 2016-2017; NPBT ($,000) $189,677
(iv) 2017-2018; NPBT ($,000) $4,172
(b)(i) 2014-2015; ($,000) $68,785
(ii) 2015-2016; ($,000) $14,341
(iii) 2016-2017; ($,000) $10,847
(iv) 2017-2018; ($,000) $21,665
(c)(i) 2014-2015; ($,000) $10,218
(ii) 2015-2016; ($,000) $8,118
(iii) 2016-2017; ($,000) $57,190
(iv) 2017-2018; ($,000) $1,515
Please note that all of the above values are based on Horizon Powers approved Mid-Year Review budget 2014/15.

Explore WA Government Data

Search the full archive in the free dashboard, or query programmatically via API.

Explore more