Topic:"Accounting Policies" in M03632

The Effect of Steam Demand on the CHP Rate ($2012) S Ca i Fa te ty to am p ac c r 2 0 % 3 0 % 4 0 % 5 0 % 6 0 % Minimum Annual After-Tax Equity Net Benefits 10,962 Includes tax benefit/(liability) Tax Rates: Federal Income Tax 15.0% State/...

AI summary The document examines the impact of varying steam demand percentages (20% to 60%) on the CHP rate in 2012. It includes financial details such as tax rates, depreciation classifications, and allocation of costs across different asset classes, providing insight into the financial modeling of CHP systems.

03-01-2011 Nov a S ia C OM FIT Mo del cot Win d ≤ 50 kW Ca sh Flo w W ork she Top et: Syn e E aps xhi bit I Cale nda r Ye ar 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 recia tio...

AI summary The document presents a table with calendar years from 2010 to 2030 and various percentages, likely related to depreciation or tax calculations. The data includes different depreciation rates (5.00%, 3.33%, and 2.70%) applied across multiple years, suggesting a financial or accounting context.

Total Nov a S ia C OM FIT Mod el cot Lar Win d C ge ash Flo w W ork she et: Top Syn aps e E xhi bit J Ope ratin g Ye ar 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Cale nda r Ye ar 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019...

AI summary The text presents a table with operational and calendar years, along with categories such as tax depreciation and calendar year deviation classification. The table appears to be related to financial planning or accounting, though specific details or arguments are not discussed in the text.

Synapse Exhibit L Assumptions: Notes: Less : Tax Dep recia tion (926 ,250 ) ( 1,38 9,37 5) (694 ,688 ) (347 ,344 ) (173 ,672 ) (86, 836) (43, 418) (21, 709) (10, 854) (5,4 27) (2,7 14) (1,3 57) (678 ) (339 ) (170 ) (85) (42) (21) (11) (5)...

AI summary The text presents a table with financial assumptions, including tax depreciation, taxable income, tax benefits, and federal and provincial taxes. It outlines various financial figures over time, indicating a detailed analysis of tax-related costs and benefits.

Synapse Exhibit M Assumptions: Notes: Applicable Income (less than X) Tax Rate 1 Tax Rate 2 (for income greater than X) Major Maintenance Replacement Occurs Every X Years Cost of Replacement (Year 0 Dollars) Tax Depreciation Classification...

AI summary The text provides assumptions and notes related to tax rates, depreciation classifications, and maintenance costs. It outlines different scenarios for tax depreciation and book depreciation classifications, including residual values and replacement costs.

NOTE: Green Fields are the assumptions differences which we believe to bee more reasonable. TEMPLATE COMPARISON TO CBCL ST> FX BIOMASS REPORT CBCL MODEL CBEX MODEL EXHIBIT-B-5 O & M Including Fuel Equity Debt Interest on Debt Depreciation...

AI summary The text presents a comparison between the CBCL model and the CBEX model, focusing on operational and maintenance expenses, equity, debt, interest on debt, depreciation, and amortization. It highlights differences in assumptions, with the CBEX model showing higher values in several categories, and a 30% and 31% distribution in the last row.

7.2. After introducing the aforementioned considerations to the worksheet3 we would obtain the following tariff values for "Large Wind": After Tax Return (year 20) Pre-Tax Return (year 20) Feed in Tariff (year 1) Escalation as of General I...

AI summary The text discusses the calculation of tariff values for 'Large Wind' after considering various financial and tax-related factors, including income tax rates, depreciation classifications, and escalation based on general inflation. It includes details on maintenance, replacement schedules, and the allocation of costs across different depreciation classes.

Nova Scotia COMFIT Model O tin Ye pe ra g ar Ca le nd Y ar ea r 0 20 10 1 20 11 2 20 12 3 20 13 4 20 14 Ne t B k V al oo ue Be B ala 0 15 ,77 7, 70 0 14 ,94 7, 29 5 14 ,1 16 ,8 90 gi ing nn nc e O rig ina l B k V al oo ue 16 ,60 8, 10 5 0...

AI summary The text presents a table related to the Nova Scotia COMFIT Model, showing net book value and other financial metrics over several years, including original book value, major maintenance, and depreciation. The data spans from 2010 to 2014.

Scenarios in $2012 r S On Va lue fo ly tea m- Sh e S d V alu tea are m Gr CH s V alu e f P os or CH Ne t V alu e f P or De bt Clo sin Co & Fe sts g es $ 10 9, 64 6 $ 0 $ 0 C C Eq uity los ing & F ts os ee s $ 48 71 8 , $ 24 35 9 , $ 66 5,...

AI summary The text presents a table of financial scenarios from 2012, including values related to debt closure costs, equity losses, interest during construction, routine maintenance, ash disposal, water, sewer, and labor costs. These figures appear to be part of a financial analysis or planning process.

Large Wind 8-2-11 no tax Page 1 Nova Scotia COMFIT Model Large Wind (Over 50 kW) Closhing Costs 04,400 (676 of four value) Tax Depreciation Allocation % of Total Project Cost 30% Double Declining 0.0% 50% Double Declining 64.5% 95% of hard...

AI summary The text presents a detailed breakdown of depreciation allocation for a large wind project under the Nova Scotia COMFIT Model. It outlines various depreciation methods, their percentages, and allocated amounts, as well as operating inputs such as net generator capacity, energy production, and annual operating expenses.

Page 2 Large Wind 8-2-11 no tax Nov a S ia C OM FIT Mo del cot Ca sh Flo w W ork she Bot et: tom Syn e C aps lian om p ce Lar Win ge d n o ta x Dep recia tion

AI summary The document appears to be a table from a regulatory proceeding, likely related to financial and accounting considerations, with references to Nova Scotia's Community Based Feed-in Tariffs (COMFIT) model and Large Wind projects. The table includes columns such as depreciation and cash flow, indicating financial analysis.

Nova Scotia COMFIT Model Depreciation Worksheet: Bottom Synapse Compliance Large Wind, Taxable Owner Ope ratin Yea g r 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 20-y r SL 3,77 9,65 4 188 ,983 188 ,983 188 ,983 188 ,983 188 ,983...

AI summary This document presents a depreciation worksheet for a large wind project in Nova Scotia, using the COMFIT model. It outlines a 20-year straight-line (SL) depreciation schedule with annual depreciation amounts of $188,983 starting from year 0.

Page 2 Small Wind 8-2-11 no tax Sc CO No otia MF IT M ode l va Ca sh Flo w W ork she et: Bo tto m Sy nap Co se mp Sm lian ce all Wi nd Tax no Boo k De iatio prec n Cale ndar Yea r De iatio r Cla ssific prec n pe 20-y r SL 30-y r SL 37-y r...

AI summary The text appears to be a table with fragmented and broken headers, likely related to financial or accounting data, including terms like 'Book Deiatio' and 'Cash Flo' which may refer to book depreciation and cash flow, respectively. The table includes percentages and time-related classifications such as '20-y', '30-y', and '40-y', which may relate to different time periods or financial models.

Nova Scotia COMFIT Model Depreciation Worksheet: Top Synapse Compliance Small Wind Taxable Owner Ope ratin Yea g r 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Occ 1 urre nce Occ 2 urre nce Occ 3 urre nce Occ 4 urre nce 0 0 0 0 0 0...

AI summary The document presents a depreciation worksheet for the Nova Scotia COMFIT model, focusing on the Top Synapse Compliance Small Wind Taxable Owner. The table outlines depreciation values over a 20-year period, with all values listed as zero.

Biomass CHP Cost Scenarios Synapse Compliance 85% Availability No Fuel Capacity I act 013. Residual Value 5 Residual Value (Net Book Value) 421 Book Depreciation Classifications 20-yr SL 100.0% 30-yr SL 0.0% 37-yr SL 0.0% 40-yr SL 0.0% Non...

AI summary This document presents a table outlining depreciation classifications and cost allocations for a biomass CHP project under the Synapse Compliance 85% Availability No Fuel scenario. It includes details on residual values, book depreciation classes, and allocated amounts over a 20-year period.

Page 2 Biomass 8-2-11 90% availability no fuel Nova Scotia COMFIT Model Cash Flov w workshe et: Botton n Synaps e Complia ance 90% / Availabilit / no Fuel epre on p 20-y r SL (%) 5.00 % 5.00 % 5.00 % 5.00 % 5.00 % 5.00 % 5.00 % 5.00 % 5.00...

AI summary The document contains a table related to the Nova Scotia COMFIT Model, focusing on financial and investment parameters for biomass with 90% availability and no fuel. The table includes data on different timeframes and percentages, suggesting a financial analysis context.

4/12/11 Exhibit K with corrected heat content of steam Nova Scotia COMFIT Model Biomass CHP (condensing turbine; new b Up-Front Fee ($) 48,708 Closing Costs 243,538 (5% of loan value) Tax Depreciation Allocation % of Total Project Cost 30%...

AI summary The text presents a table related to the Nova Scotia COMFIT Model for a Biomass CHP project, including up-front fees, closing costs, tax depreciation allocation, and year one depreciation calculations. It outlines various depreciation methods, their percentages, and allocated amounts, with assumptions noted.

Table 1. The Impacts of the Changes Analyzed in U-2, U-6 and U-6(a) Change Analyzed Fixed Component ($/MWh) Variable Component ($/MWh) Full 2012 Rate ($/MWh) Net B ook V alue Begin ning B alanc e Origin al Boo k Valu e Plus: Major Main ten...

AI summary The table outlines the impacts of changes analyzed in U-2, U-6, and U-6(a), focusing on fixed and variable components, as well as the full 2012 rate per MWh. It includes detailed financial figures related to book value, maintenance, depreciation, and other cost factors.

Scenarios in $2012 fo r S On Va lue tea ly m- Gr e f CH s V alu P os or e f CH Ne t V alu P or Loan Life 15 (, Tax Rate 1 4.5% Interest Rate 9.50% Tax Rate 2 (for income greater than X) 16.0% 10.070 Up-Front Fee (%) 1.00% Major Maintenance...

AI summary The text presents a detailed table of financial scenarios from 2012, covering loan life, interest rates, tax depreciation allocations, and various cost classifications. It includes details on up-front fees, closing costs, and depreciation methods such as double declining and straight-line depreciation for different timeframes.

Nova Scotia COMFIT Model Depreciation worksheet: Bottom Synapse U-6 Parasitic Loads at 14% Ope ratin g Ye ar 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Cale r Cla ssific ndar Yea r De iatio prec n pe 20-y r SL 30-y r SL r SL 37-y...

AI summary The document presents a depreciation worksheet for the COMFIT Model, focusing on Bottom Synapse U-6 Parasitic Loads at 14%. It provides detailed financial data over a 20-year period, including classifications, depreciation rates, and annual values.

Scenarios in $2012 fo r S On Va lue tea ly m- Gr e f CH s V alu P os or e f CH Ne t V alu P or State and Federal Incentives 0 State/Provincial Tax 1 0 State/Provincial Tax 2 0 Federal tax 0 - Net Value of Grants U Debt Terms Amount 4.040.0...

AI summary The text presents a table outlining various financial and tax-related scenarios from 2012, including incentives, taxes, debt terms, loan details, and depreciation allocation. It includes figures related to loan amounts, interest rates, fees, and depreciation methods.

Beginning Balance 0 7,702,001 7,296,632 6,891,264 6,485,895 6,080,527 5,675,158 5,269,790 4,864,421 4,459,053 4,053,685 3,864,037 3,350,808 2,891,509 2,459,176 2,040,325 1,628,215 1,219,476 812,422 406,211 Original Book Value 8,107,369 000...

AI summary The text presents financial data related to the Nova Scotia COMFIT Model and the Biomass CHP (condensing turbine), including beginning balances, original book value, major maintenance, depreciation, and net book value over time, along with generation data and pricing components.

After-Tax Internal Rate of Return 16.50% Nova Scotia COMFIT Model Cash Flow worksheet: Bottom Sy Synapse U-7 Dep recia tion Clas sifica tion 50% Dou ble Decl ining Yea r 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Dep recia tion S...

AI summary The document presents an after-tax internal rate of return of 16.50% and includes a depreciation schedule using the double declining method. It outlines the depreciation classification and percentages over 20 years, indicating a detailed financial model for asset depreciation.

Amount Amoritzation period 10 10 10 10 10 10 10 10 10 10 10 10 10 0

AI summary The text provides a table with columns for 'Amount' and 'Amoritzation period' repeated multiple times, followed by a row with '0' in the second column. The content appears to be related to financial or accounting data, but lacks context or explanation.

Nova Scotia COMFIT Model Depreciation worksheet: Top Synapse U-8 Ope ratin g Ye ar Cale nda r Ye ar 0 2010 1 2011 2 2012 3 2013 4 2014 5 2015 6 2016 7 2017 8 2018 9 2019 10 2020 11 2021 12 2022 13 2023 14 2024 15 2025 16 2026 17 2027 18 20...

AI summary The document presents a depreciation worksheet under the Nova Scotia COMFIT Model, specifically for the Top Synapse U-8. It includes a table spanning from 2010 to 2030, detailing operating and calendar years, though the data within the table is not fully populated.

Nova Scotia COMFIT Model O tin Ye pe ra g ar Ca le nd Y ar ea r 0 20 10 1 20 11 2 20 12 3 20 13 4 20 14 Oc 3 cu rre nc e Oc 4 cu rre nc e 0 0 0 0 0 0 0 0 0 0 0 0 Bo ok D ci io at ep re n Ca r C sif len da r Y r D cia tio las ica ea ep re n...

AI summary The document presents a table related to the Nova Scotia COMFIT Model, showing data across several years (2010–2014) with percentages and dollar figures. It includes categories such as 'Book Dcioat epren' and 'Calendar Year Dcia tor Clas fica ean pren pe 20 r SL -y', suggesting it relates to financial or accounting classifications and maintenance costs.

Darren Hartlen P.Eng Direct: 902 421 7241 E-Mail: [email protected] Nova Scotia Utility & Review Board FIT Model Biomass CHP condensing turbine; Biomass CHP condensing turbine Tax Depreciation Calendar Year Depreciation per Classification (%...

AI summary The text presents depreciation rates for different classifications of a biomass CHP condensing turbine in Nova Scotia. The table outlines varying percentages for tax depreciation across multiple years and classifications, indicating a detailed financial analysis for asset depreciation purposes.

20-yr SL 8.3% Assume 10% of hard costs. Book Depreciation Classifications

AI summary The text discusses a 20-year straight-line depreciation method, assuming 10% of hard costs, and references book depreciation classifications. This relates to accounting policies and depreciation practices.

Large Wind 8-2-11 no tax Page 1 Nova Scotia COMFIT Model Large Wind (Over 50 kW) Closhing Costs 04,400 (676 of four value) Tax Depreciation Allocation % of Total Project Cost 30% Double Declining 0.0% 50% Double Declining 64.5% 95% of hard...

AI summary The document outlines the COMFIT Model for Large Wind projects in Nova Scotia, detailing depreciation allocation, tax considerations, and operating inputs. It includes details on tax depreciation methods, allocation percentages, and assumptions related to energy production and operating expenses.

Page 2 Large Wind 8-2-11 no tax Nov a S ia C OM FIT Mo del cot Ca sh Flo w W ork she Bot et: tom Syn e C aps lian om p ce Lar Win ge d n o ta x Deb t Se rvice Co ge R atio vera 2.17 2.16 2.15 2.15 2.14 2.13 2.12 2.12 2.11 2.10 2.09 2.09 2....

AI summary The document presents a table showing the debt service coverage ratio (DSRR) over time, with values ranging from 2.17 to 2.06. This data is part of the COMFIT model, which relates to the cost of money, financing, interest, and tax.

Nova Scotia COMFIT Model Depreciation Worksheet: Bottom Synapse Compliance Large Wind, Taxable Owner Ope ratin Yea g r 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 50% Double Declining 254,600 20-yr SL 0 40-yr SL 0 Other 0 Non-Depr...

AI summary This document presents a depreciation worksheet for a large wind project in Nova Scotia, using the COMFIT model. It outlines different depreciation methods, including 50% double declining, 20-yr and 40-yr straight-line, and non-depreciable assets, with a total asset value of $333,460 and a year one depreciation rate of 25% based on the 'half year rule'.

Page 2 Small Wind 8-2-11 no tax Sc CO No otia MF IT M ode l va Ca sh Flo w W ork she et: Bo tto m Sy nap Co se mp Sm lian ce all Wi nd Tax no Clas sifica Dep recia tion tion Yea r Dep recia tion Sche dule 30-y r SL 0 0.00 % 1 3.33 % 2 3.33...

AI summary The document text contains a table with depreciation schedules for a 30-year straight-line (SL) depreciation model, showing percentages for each year from year 1 to year 20. The table appears to be related to financial planning or accounting policies for an asset, likely related to small wind energy systems.

Page 2 Small Wind 8-2-11 taxed a S ia C Nov cot OM FIT Mo del Ca sh Flo w W ork she et: Bot tom Syn e C aps lian om p ce Sm Win all d T ble axa Ow ner Inte rest Res on erve s 343 343 343 343 343 343 343 343 343 343 106 106 106 106 106 106...

AI summary The text appears to be a table from a regulatory proceeding document, likely related to financial or accounting details, with columns that may represent different financial categories or entities. The content includes terms such as 'Interest Reserves' and 'Cash Flow,' suggesting a focus on financial modeling or accounting practices.

Nova Scotia COMFIT Model Depreciation Worksheet: Top Synapse Compliance Small Wind Taxable Owner Ope ratin Yea g r 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 20-yr SL 333,460 30-yr SL ( ) 16,673 16,673 16,673 16,673 16,673 16,673...

AI summary This document presents a depreciation worksheet for the COMFIT model related to the Top Synapse Compliance Small Wind Taxable Owner in Nova Scotia. It includes a 20-year and 30-year straight-line depreciation schedule with annual depreciation amounts listed over a 20-year period.

Page 2 Biomass 8-2-11 85% availability no fuel Nova Scotia COMFIT Model Cash Flo w worksh eet: Botto om Synapse Complian ice 85% A vailability No Fuel Tax Dep recia tion Cale ndar Yea r De iatio r Cla prec n pe ssific ation (%) Dou ble D e...

AI summary The text presents a table from the Nova Scotia COMFIT Model showing depreciation rates for different methods over multiple years, specifically focusing on a biomass project with 85% availability and no fuel considerations.

Page 2 Biomass 8-2-11 90% availability no fuel Nova Scotia COMFIT Model Cash Flov w workshe et: Botton n Synaps e Complia ance 90% / Availabilit / no Fuel Reserve Accounts Reserves Funded As Part of Capital Cost Beginning Balance Up-Front...

AI summary The document presents a table related to the Nova Scotia COMFIT Model, focusing on reserve accounts and their funding as part of capital costs. It includes various reserve categories such as the Reserves Funded As Part of Capital Cost, Beginning Balance, Up-Front Maintenance Reserve, Working Capital Debt Service Reserve, and Total. The data appears to track balances and changes across different periods, with a notable change in the last column indicating a reduction in certain reserves.

money into these projects. We need a few. 1 of the questions that went to you know, this particular 14 really because the policy arbitration for the biomass has 15 to do with how you're allocating costs, this is in fact 16 to some extent i...

AI summary The discussion revolves around the allocation of costs in biomass projects, particularly the challenge of accounting for fuel used in both steam and electricity generation. There is also a mention of a Renewable Electricity Plan and a question about the absence of specific provisions in regulations.