+5. Financial indicators to be provided for the transmission system operator. In the event of the …

5. Financial indicators to be provided for the transmission system operator. In the event of the …

5.

 Financial indicators to be provided for the transmission system operator. In the event of the transmission system operator being part of a larger holding or undertaking, those values shall be provided separately for the transmission system operator, including:

(a)

earnings before interest, taxes, depreciation and amortisation (EBITDA);

(b)

earnings before interest and taxes (EBIT);

(c)

return on assets I (ROA) = EBITDA / RAB;

(d)

return on assets II (ROA) = EBIT / RAB;

(e)

return on equity (ROE) = Profit / Equity:

(i)

return on capital employed (RoCE);

(ii)

leverage ratio;

(iii)

net debt / (Net debt + Equity);

(iv)

net debt / EBITDA.

The regulatory authority or the transmission system operator shall provide a simplified tariff model including the disaggregated parameters and values of the methodology and allowing to replicate the calculation of the allowed or target revenue of the transmission system operator.

1. Overview

,

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards