SLIDE 1
Aurizon Network’s Investment Commitments
- Aurizon Network has made significant
investment in the network with $2.3 billion invested since 2009
RAB Value and Capital Expenditure
(UT3 Actual/UT4 Proposed )
- Aurizon Network has indicated it is
prepared to invest a further $1.9
800,000 900,000 1,000,000 6,000,000 7,000,000
billion over the next four years.
- Aurizon Network must obtain capital
500 000 600,000 700,000 4,000,000 5,000,000 (000s) ($000s)
from competitive markets where return expectations are benchmarked to comparable infrastructure assets
300,000 400,000 500,000 2,000,000 3,000,000 Value Value (
infrastructure assets.
- The QCA’s WACC determination has
real consequences in terms of
- 100,000
200,000
- 1,000,000
real consequences in terms of Aurizon’s ability to access capital to fund ongoing investment in the Network.
2009 2010 2011 2012 2013 2014 2015 2016 2017 Opening RAB Annualised Capital Expenditure
2