QUARTERLY BUSINESS REVIEW August 11, 2020 B O N N E V I L - PowerPoint PPT Presentation

QUARTERLY BUSINESS REVIEW August 11, 2020

B O N N E V I L L E P O W E R A D M I N I S T R A T I O N KEY PERFORMANCE INDICATORS Elliot Mainzer, ADMINISTRATOR AND CHIEF EXECUTIVE OFFICER B O N N E V I L L E P O W E R A D M I N I S T R A T I O N | Q B R A U G U S T 2 0 2 0 | E L L I O T M A I N Z E R S L I D E 2

B O N N E V I L L E P O W E R A D M I N I S T R A T I O N KSI & KPI Dashboard Key Strategic Initiatives: Key Performance Indicators: B O N N E V I L L E P O W E R A D M I N I S T R A T I O N | Q B R A U G U S T 2 0 2 0 | E L L I O T M A I N Z E R S L I D E 3

B O N N E V I L L E P O W E R A D M I N I S T R A T I O N FINANCE Michelle Manary, CHIEF FINANCIAL OFFICER B O N N E V I L L E P O W E R A D M I N I S T R A T I O N | Q B R A U G U S T 2 0 2 0 | M I C H E L L E M A N A R Y S L I D E 4

B O N N E V I L L E P O W E R A D M I N I S T R A T I O N KPI DASHBOARD B O N N E V I L L E P O W E R A D M I N I S T R A T I O N | Q B R A U G U S T 2 0 2 0 | M I C H E L L E M A N A R Y S L I D E 5

B O N N E V I L L E P O W E R A D M I N I S T R A T I O N AGENCY NET REVENUES FCRPS Net Revenue 0 in millions of dollars 160 140 65 120 100 11 80 152 0 60 43 0 40 13 20 8 0 12 0 Rate case IPR expense Other expense Depreciation, Net interest Operating Q3 Forecast Amortization & expense Revenues 0 Accretion B O N N E V I L L E P O W E R A D M I N I S T R A T I O N | Q B R A U G U S T 2 0 2 0 | M I C H E L L E M A N A R Y S L I D E 6

B O N N E V I L L E P O W E R A D M I N I S T R A T I O N POWER FINANCIAL PERFORMANCE Total expense and revenue in millions of dollars BP-20 Rate Case Q3 3000 Total $2,662 Total $2,597 Non-IPR 2000 $1,392 $1,339 $2,764 $2,710 1000 IPR $1,270 $1,258 0 Expense Revenues B O N N E V I L L E P O W E R A D M I N I S T R A T I O N | Q B R A U G U S T 2 0 2 0 | M I C H E L L E M A N A R Y S L I D E 7

B O N N E V I L L E P O W E R A D M I N I S T R A T I O N TRANSMISSION FINANCIAL PERFORMANCE Total expense and revenue in millions of dollars BP-20 Rate Case Q3 1500 Total $1,123 Total $1,098 1000 Non-IPR $634 $605 $1,086 $1,085 500 IPR $489 $492 0 Expense Revenues B O N N E V I L L E P O W E R A D M I N I S T R A T I O N | Q B R A U G U S T 2 0 2 0 | M I C H E L L E M A N A R Y S L I D E 8

B O N N E V I L L E P O W E R A D M I N I S T R A T I O N AGENCY CAPITAL EXPENDITURES 8 in millions of dollars 0 900 0 19 61 800 18 700 177 0 10 5 600 500 786 847 400 613 603 300 609 200 100 0 Rate Case Fed Hydro Transmission F&W Corporate Q3 Forecast B O N N E V I L L E P O W E R A D M I N I S T R A T I O N | Q B R A U G U S T 2 0 2 0 | M I C H E L L E M A N A R Y S L I D E 9

B O N N E V I L L E P O W E R A D M I N I S T R A T I O N FINANCIAL RESERVES THRESHOLDS CRAC Surcharge No action RDC RFR x 800 566 600 400 309 257 Reserves (in $millions) 200 0 -200 -400 -600 Agency Power Transmission Days � Cash 87 65 151 B O N N E V I L L E P O W E R A D M I N I S T R A T I O N | Q B R A U G U S T 2 0 2 0 | M I C H E L L E M A N A R Y S L I D E 1 0

B O N N E V I L L E P O W E R A D M I N I S T R A T I O N General BP-22 IPR Update B O N N E V I L L E P O W E R A D M I N I S T R A T I O N | Q B R A U G U S T 2 0 2 0 | M I C H E L L E M A N A R Y S L I D E 1 1

B O N N E V I L L E P O W E R A D M I N I S T R A T I O N STATE OF THE BUSINESS Elliot Mainzer, ADMINISTRATOR AND CHIEF EXECUTIVE OFFICER B O N N E V I L L E P O W E R A D M I N I S T R A T I O N | Q B R A U G U S T 2 0 2 0 | E L L I O T M A I N Z E R S L I D E 1 2

B O N N E V I L L E P O W E R A D M I N I S T R A T I O N STRATEGIC GOALS B O N N E V I L L E P O W E R A D M I N I S T R A T I O N | Q B R A U G U S T 2 0 2 0 | E L L I O T M A I N Z E R S L I D E 1 3

QUESTION AND ANSWER B O N N E V I L L E P O W E R A D M I N I S T R A T I O N | Q B R A U G U S T 2 0 2 0 S L I D E 1 4

B O N N E V I L L E P O W E R A D M I N I S T R A T I O N THANK YOU The QBR technical workshop is on August 18 . The next QBR will be held in November. Didn’t get your question answered? Email Communications@bpa.gov. Answers will be provided at the QBR technical workshop if possible, or posted to www.bpa.gov/goto/QBR. The strategic plan is available at www.bpa.gov/StrategicPlan. B O N N E V I L L E P O W E R A D M I N I S T R A T I O N | Q B R A U G U S T 2 0 2 0 S L I D E 1 5

B O N N E V I L L E P O W E R A D M I N I S T R A T I O N FINANCIAL DISCLOSURE This information was made publicly available on August 7, 2020, and contains information not sourced directly from BPA financial statements. B O N N E V I L L E P O W E R A D M I N I S T R A T I O N | Q B R A U G U S T 2 0 2 0 S L I D E 1 6