2011 Annual Report - The Commerce Commission

Table 17: Summary of Marina, Airports, Cement and Postal Industry Related Activities – 2011 (Cont…)Date ofDeterminationIndustry Submission/Issues Commission’s Action/Determination29/12/2011 Aviation The specified authorized chargesreleased on the 30 September 2010determination expired on 31December 2011 except for airnavigation charges which is valid tillAugust 2013 and as part of theCommission’s review, request forsubmission and information wasmade to Airports Fiji Limited onAeronautical fees and charges.The Commission upon the receipt of AFL’s submission and after undertakinga detailed analysis and conducting its own research and computations hasmade the final determination on the following fees and charges that are to beeffective from 01 January 2012; Terminal Navigation Fee Airfield charges- Domestic Landing fee Airfield charges- International Landing fee Incinerator charges27/10/2011 CementFiji Industries Limited (FIL)requested for an increase in thewholesale price of Bagged and BulkCement based on the following: Significant increase inborrowings and escalating ofactual cost of goods sold; Increase in Clinker Price fromUS$55 to US $59.50;and Increase in Electricity tariff by48%The Commission after undertaking detailed analysis and its own independentinvestigation and computations, has determined and fixed the price for thebagged and bulk cement, representing a 3.41% increase and was effectivefrom 1 November 2011.The authorized prices by the Commission are: GB Bag Cement is $227.63 GP Bulk Cement is $206.95Page210of236