Endeavour Energy Annual Performance Report - Parliament of New ...

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03 OUR OPERATIONS A sAFe, relIAble and eFFICIent network Major works in progress 2010–11 continued Description Cost ($) Before 2010–11 2010–11 Total cost to date Practical completion date Comments Nepean TS to Narellan ZS Feeder Nepean ZS Establishment North Eastern Creek ZS Establishment North Warragamba ZS Augmentation Northmead ZS Redevelopment Nowra ZS Augmentation Oran Park Establishment – Line Works Penrith TS Redevelopment Port Kembla ZS Redevelopment Ringwood ZS Redevelopment Rouse Hill SS Establishment Russell Vale ZS Augmentation Rydalmere ZS Redevelopment Schofields ZS Establishment Sherwood ZS Augmentation South Granville ZS Redevelopment South Nowra ZS Augmentation 782 58,761 59,543 Aug 2012 Construct an new 66kV underground electricity line. 466,491 3,648,968 4,115,459 Aug 2012 Construct a new 66/11kV indoor substation to replace the existing Camden substation. 11,731,634 1,602,831 13,334,465 May 2012 Construct a new 132/11kV substation. 5,181,635 715,200 5,896,835 Complete Install a new transformer and associated switchgear. 31,496 726,360 757,856 April 2014 Redevelop the existing substation with a new 33/11kV indoor control building. 3,853,889 3,439,794 7,293,683 Sept 2011 Install two transformers with higher capacity units. 1,634,391 7,257,890 8,892,281 July 2012 Construct two new 132kV electricity lines to supply Oran Park ZS. 28,037,961 5,742,246 33,780,207 Feb 2012 Construct a new 132/33kV indoor substation. 26,068 190,004 216,072 Nov 2013 Construct a new 33/11kV indoor substation to replace the existing Port Kembla substation. 1,099 56,373 57,472 Oct 2013 Install new 11kV switchgear and associated equipment. 12,234,619 100,407 12,335,026 Complete Developed a new indoor 132kV switching station. 6,856,504 98,433 6,954,937 Sept 2012 Replace two transformers with higher capacity units. 5,330,532 1,672,495 7,003,027 Oct 2015 Rebuild existing 66/11kV substation with indoor 66kV GIS switchgear. 5,073,844 11,741,398 16,815,242 July 2012 Construct a new 132/11kV indoor substation. 6,133,578 368,304 6,501,882 Complete Replace existing transformers with low noise units. 192,790 1,409,177 1,601,967 Oct 2013 Construct a new 33/11kV indoor substation. 2,558,957 2,258,978 4,817,935 Oct 2011 Replace existing transformer with higher capacity unit. Construct a new control room to house new 11kV switchboard. 22
Major works in progress 2010–11 continued Description Cost ($) Before 2010–11 2010–11 Total cost to date Practical completion date Comments The Oaks ZS Establishment Tomerong ZS Establishment West Liverpool ZS Establishment West Parramatta ZS and East Parramatta SS Establishment Wetherill Park West TS/ZS Establishment Whalan ZS Augmentation Wilton ZS Establishment Windsor ZS Augmentation 27,810 116,388 144,198 Jan 2014 Construct a new 33/11kV modular substation. 32,137 251,891 284,028 Feb 2014 Construct a new 33/11kV indoor substation. 6,898,357 5,737,204 12,635,561 Aug 2012 Construct a new 33/11kV indoor substation to replace Hoxton Park ZS. 6,715,876 5,598,332 12,314,208 Dec 2013 Construct a new 132/11kV indoor substation and a new 132kV indoor switching station, and associated feeder works. 23,720,676 184,211 23,904,887 Aug 2011 Construct a new 132/11kV zone substation and a 132/33kV transmission substation. 5,199,336 1,340,553 6,539,889 Complete Install a new third transformer and associated 11kV switchgear. 1,078,123 1,609,628 2,687,751 July 2012 Construct a new 66/11kV substation. 3,657,169 3,742,579 7,399,748 Dec 2014 Rebuild existing substation with a higher capacity indoor substation. Network maintenance Our Strategic Network Maintenance Plan (SNMP), which is part of our Strategic Asset Management Plan, analyses maintenance needs against business objectives and details the strategies we require to ensure assets meet our network strategy. This work includes vegetation management, asset inspections and pre-summer bushfire inspections of our overhead electricity lines in bushfire-prone areas. The plan is reviewed and updated annually to identify what network maintenance activities will be needed over the ensuing 12-months. In 2010–11, Endeavour Energy achieved the delivery of a record maintenance program at a cost of $226.4 million, compared with our 2009–10 expenditure of $211.1 million, and 94% compliance with our maintenance target. Our maintenance performance contributed to our continued improvement in system reliability at 72 minutes lost per customer per year. Maintenance activities and expenditure this year included: • $21.3 million on vegetation management to maintain safety clearances, reduce outages, improve reliability and manage bushfire risk. • $16.7 million on metering including the reading of meters and to provide information for billing purposes. • $16.3 million for fault and emergency work following weather related events and third party incidents. • $14.2 million on preventative maintenance and inspections on the transmission and distribution network. • $14.2 million on condition based maintenance. • $10.6 million for expenses related to the contestable customer connection works including transformers and switchgear paid by the customer. • $6.8 million for the overhead line and pole inspection program, involving the inspection of 93,108 poles. • $6.6 million on street lighting including replacing 62,033 lamps. • $119.5 million largely on network operating overheads and other maintenance activities. Endeavour Energy Annual Performance Report 2010–11 23
Page 1 and 2: ANNUAL PERFORMANCE REPORT 2010-11 I
Page 3 and 4: Contents LETTER TO SHAREHOLDING MIN
Page 5 and 6: YeAR at a Glance Items 2009-10 2010
Page 7 and 8: To that end, we pursued our second
Page 9 and 10: Endeavour Energy’s six strategic
Page 11 and 12: Performance indicator: lost time in
Page 13 and 14: Performance indicator: Capital expe
Page 15 and 16: Efficiency reviews to reduce costs
Page 17 and 18: Each year we investigate bushfire r
Page 19 and 20: STRATEGIC OBJECTIVE 6 - DELIVER PER
Page 21 and 22: Network Strategy Network business o
Page 23: Major works in progress 2010-11 con
Page 27 and 28: The NSW Code of Practice - Demand M
Page 29 and 30: Network-related calls increased fro
Page 31 and 32: New apprentices vital to our workfo
Page 33 and 34: Equal employment opportunity As par
Page 35 and 36: Multicultural policies and services
Page 37 and 38: 06 8 % reduction in greenhouse emis
Page 39 and 40: Environmental management system Our
Page 41 and 42: ENDEAvoUR ENERGY’S GoveRNANCE AND
Page 43 and 44: EXECUTIve LEADERshIP TEAM Vince Gra
Page 45 and 46: 08 $ 245 m operating profit after t
Page 47 and 48: Debt Balance sheet debt increased b
Page 49 and 50: Directors’ Report For the yEAR en
Page 51 and 52: Statement of Comprehensive Income F
Page 53 and 54: Statement of Changes in Equity For
Page 55 and 56: Statement of Cash Flows For the yEA
Page 57 and 58: 2 Statement of Significant Accounti
Page 65 and 66: 4 Expenses 2011 $’000 2010 $’00
Page 67 and 68: 5 Gain/(loss) on sale of Retail bus
Page 69 and 70: 7 Deferred Tax (Assets)/Liabilities
Page 71 and 72: 8 Cash Flow Information continued (
Page 73 and 74: 9 Trade and Other Receivables conti
Page 75 and 76:
12 property Plant and Equipment con
Page 77 and 78:
13 Intangible Assets Software $’0
Page 79 and 80:
14 Employee Benefits - Superannuati
Page 81 and 82:
16 Other Current Liabilities 2011 $
Page 83 and 84:
21 Financial Instruments continued
Page 85 and 86:
Page 87 and 88:
Page 89 and 90:
Page 91 and 92:
23 Expenditure Commitments continue
Page 93 and 94:
27 prudential Requirements An unsec
Page 95 and 96:
Appendices Contents Five-year stati
Page 97 and 98:
Australian Financial Services Licen
Page 99 and 100:
Executive Remuneration General prin
Page 101 and 102:
Table A: Number of applications by
Page 103 and 104:
Implementation of Price Determinati
Page 105 and 106:
GLossARY The Australian Consumer La
Page 107:
Ausgrid LOCATIONS and contacts Kand
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