2008 Access Undertaking Amendments + Activities
Asset Base Roll-forward 2007-08
QR Network's regulated asset base includes all rail infrastructure required for the operation of coal train services on the regulated network in Queensland. The value of these assets is an important factor used in determining the access charges for coal train services.
Each year QR Network must submit, for the Authority's approval, a roll-forward of its regulated asset base for each system in the central Queensland coal region (CQCR). The roll-forward of the asset base takes into account the Authority's approved capital expenditure and calculates other components, such as inflation and depreciation, in accordance with the methodology set out in the undertaking.
On 20 August 2009, the Authority approved QR Network's roll-forward of its CQCR regulated asset base for 2007-08. The roll-forward includes $150.9 million of 2007-08 capital expenditure approved by the Authority in June 2009 and $75.4 million in new assets associated with the Gindie-Minerva line (i.e. from the Minerva mine to Burngrove).
A copy of the Authority's approval, including high level details of the 2007-08 asset base roll-forward and earlier asset base approvals, can be downloaded below.
Decision / Recommendation