Actual Gearing
A measure of the balance between borrowing and equity in the business, which will be less than or equal to the Target Gearing input.
Include: Standard
Admin Cost
The administration cost for each connection to Services in a period, e.g., the cost of billing customers, independent of Resources used.
For a Service: the product of the Calibration Period per-connection Admin Cost input, the normalised Administration Cost Trend and the number of Connections.
Include: Standard
Aggregate Count
The output of an aggregate transformation; N/A if instantaneous.
Consolidation: Sum.
Include: Essential
Amortisation
Capitalised expenditure on intangible assets (as opposed to Depreciation for tangible assets), used to calculate profitability. The sum of Depreciation and Amortisation is also known as Capital Charge.
For a Resource with input Tangible = No: Capital Expenditure charged as depreciation over the Financial Lifetime.
Include: Standard
Amortisation (Debt Facility)
Repayment of borrowing from a Debt Facility.
Include: Essential
Amortisation Frequency
How many repayments are made to a particular Debt Facility in a year.
Include: Advanced
Amortisation Frequency in Period
How many repayments are made to a particular Debt Facility in a given period.
Include: Advanced
Amortise
Whether or not a Debt Facility has passed the principal grace period.
Include: Advanced
Amortise From
The beginning of the amortisation period.
Include: Advanced
Amortise Next Year
Whether or not a Debt Facility will have passed the principal grace period in the following year.
Include: Advanced
Amortise To
The end of the amortisation period.
Include: Advanced
Ann Traffic/Connection Demand Ratio
The proportion by which the Annual Traffic per Connection is changed due to feedback from the Connection Tariff.
Include: Advanced
Ann Traffic/Connection Elasticity
The extent to which a change in the Connection Tariff introduces a change in the Annual Traffic per Connection.
The Price Elasticity input.
Include: Advanced
Ann Traffic/Connection Reference Tariff
The connection tariff which qualifies the Annual Traffic per Connection input. The actual Annual Traffic per Connection is scaled from the input, according to proportional changes in the actual tariff charged compared to the Reference Tariff, to an extent governed by the corresponding Price Elasticity.
The Reference Tariff input.
Include: Advanced
Ann Traffic Rental Demand Ratio
The proportion by which the Annual Traffic per Connection is changed due to feedback from the Rental Tariff.
Include: Advanced
Ann Traffic/Rental Elasticity
The extent to which a change in the Rental Tariff introduces a change in the Annual Traffic per Connection.
The Price Elasticity input.
Include: Advanced
Ann Traffic/Rental Reference Tariff
The rental tariff which qualifies the Annual Traffic per Connection input. The actual Annual Traffic per Connection is scaled from the input, according to proportional changes in the actual tariff charged compared to the Reference Tariff, to an extent governed by the corresponding Price Elasticity.
The Reference Tariff input.
Include: Advanced
Ann Traffic/Usage Demand Ratio
The proportion by which the Annual Traffic per Connection is changed due to feedback from the Usage Tariff.
Include: Advanced
Ann Traffic/Usage Elasticity
The extent to which a change in the Usage Tariff introduces a change in the Annual Traffic per Connection.
The Price Elasticity input.
Include: Advanced
Ann Traffic/Usage Reference Tariff
The usage tariff which qualifies the Annual Traffic per Connection input. The actual Annual Traffic per Connection is scaled from the input, according to proportional changes in the actual tariff charged compared to the Reference Tariff, to an extent governed by the corresponding Price Elasticity
The Reference Tariff input.
Include: Advanced
Annual Beginning
The beginning of the current period in elapsed time from the beginning of the current year.
Include: Advanced
Annual Cum. Dividends Declared
Cumulative dividends declared within the current year.
Include: Standard
Annual Cum. EBITDA
Cumulative EBITDA declared within the current year.
Include: Standard
Annual Cum. Free Cashflow
Cumulative Free Cashflow declared within the current year.
Include: Standard
Annual Cum. Net Profit
Cumulative Net Profit declared within the current year.
Include: Standard
Annual Cum. Pre-Tax Profit
Cumulative Pre-Tax Profit declared within the current year.
Include: Standard
Annual Cum. Tax Charge
Cumulative Tax Charge within the current year. When modelling quarters or months, this represents the total Tax Charge for the year to date, and is used to calculate the Tax Payable and Tax Payable Base results.
For the first period of each year, equal to Tax Charge, otherwise the previous value of Annual Cumulative Tax Charge plus the current Tax Charge.
Include: Standard
Annual Cum. Taxable Profit
Cumulative Taxable Profit declared within the current year.
Include: Standard
Annual End
The end of the current period in elapsed time from the beginning of the current year.
Include: Advanced
Annual Revenue
The equivalent revenue that a Service would accrue in a year at the same rate as the current period.
For a Service: Revenue divided by Period Length.
Include: Standard
Annual Revenue/Conn
The Annual Revenue divided by Connections.
Include: Standard
Annual Traffic
The equivalent traffic that would be generated by connections to a Service in a year at the same rate as the current period.
For a Service: the Annual Traffic per Connection multiplied by the number of Connections, both of which may be influenced by tariff feedback to demand.
Note: This result is calculated from the average number of connections over a year if the input Use Average Connections = Yes (the default).
Include: Standard
Network, Service, Market Segment
See
Demand.
Annual Traffic/Conn
The actual Annual Traffic per Connection, which may be influenced by tariff feedback to demand.
The Annual Traffic per Connection input, multiplied by the corresponding Connection, Rental and Usage Demand Ratios.
Note: This result is back-calculated from the Busy Hour Traffic and Distribution groups of inputs in the service Demand dialog if the input Traffic Calculation = Peak Driven.
Include: Standard
Asset Equity Ratio
A measure of the extent to which the total operating assets of the business exceed shareholder equity.
The ratio of Total Assets less Cash Deposits and Investments to Equity.
Include: Standard
Asset Turnover
A measure of the efficiency with which the network generates revenue from its total operating assets.
The ratio of Revenue to Total Assets less Cash Deposits and Investments.
Include: Standard
Available (N)
Whether a Debt Facility will provide funding during this period, depending on the Sequence Index of the facility where appropriate.
Include: Advanced
Average Balance
Include: Standard
Average Connections
The average of year-beginning and year-end connections.
Consolidation: Average.
Include: Essential for a service or market segment, Standard for a network.
Network, Service, Market Segment
See
Demand.
Average Creditor Days
The average number of days credit taken before paying accounts.
For a Service: the Average Creditor Days input.
For the Network: Creditors divided by the average daily Operating Costs (i.e., Operating Costs divided by 365).
Consolidation: Average.
Include: Standard
Average Debtor Days
The average number of days credit which customers take before paying bills.
For a Service: the Average Debtor Days input.
For the Network: Debtors divided by the average daily Revenue (i.e., Revenue divided by 365).
Consolidation: Average.
Include: Standard
Average Utilisation Ratio
A measure of the efficiency with which a resource is consumed. Only available for a consumable resource with zero lifetime.
For a resource: Consumption divided by Gross Consumption.
When consolidated, this shows aggregate Consumption divided by aggregate Gross Consumption over the corresponding months or quarters, in contrast to the standard Utilisation Ratio result which always consolidates to the last period
Consolidation: Quotient.
Include: Standard