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Written question asked by Lord Sikka (Labour) on Thursday, 9 May 2024, in the House of Lords. It was due for an answer on Thursday, 23 May 2024. It was answered by Lord Douglas-Miller (Conservative) on Tuesday, 21 May 2024 on behalf of the Department for Environment, Food and Rural Affairs.


Water Companies: Debts

Question

To ask His Majesty's Government, further to the Written Answer by Lord Douglas-Miller on 26 April (HL3909), why the calculation of  Regulatory Capital Value is not accompanied by a calculation of regulatory equity.

Answer

The value of regulatory equity is publicly accessible for each water company. Regulatory equity on the basis of a company's actual structure is Regulatory Capital Value less net debt.

Notional regulatory equity is published annually for each company by Ofwat. Ofwat also presents company gearing levels against actual structures in its annual monitoring financial resilience report.


Secondary information

Type
Written question
Reference
HL4540
Session
2023-24
Related items
Water Companies: Debts
Friday, 26 April 2024
Written questions
House of Lords
Subjects
Debts Ofwat Water companies
Link
View this Written question on www.parliament.uk