Topic:"Depreciation Amortization" in M12719

Summary of Related CIs +/- 2 years: Pursuant to Section 11.2 of the CEJC, related CIs for Transmission projects include "Work completed on the same asset class (Padmount transformers, Breakers, etc.) or in the same location (feeder, Transm...

AI summary The document outlines related Capital Investments (CIs) for Transmission projects under Section 11.2 of the CEJC, focusing on assets like Padmount transformers and Breakers. No projects are listed for 2024–2028. The depreciation class includes Transmission Plant components with an estimated 40-year asset life.

(2) Capital Spend above $1,000,000 ($250,000 prior to October 30, 2019) associated with a preliminary engineering project that has been inactive (i.e. no internal or external engineering or scoping work, exceeding $10,000, being carried ou...

AI summary The document outlines capital spend above specified thresholds for projects not yet submitted for approval to the NSEB, including details on depreciation, interest expenses, and AFUDC on unapproved projects. Two projects, ECC Optimization Tools and Renewable to Retail Implementation, are highlighted with their respective financial figures and expected filing dates.

Project Retirement Percentage of GBV of Asset Pool Retired Nature of Retirement and Life Cycle Policy Accounting Treatment of Retirement Amount Amount Distribution Plant - D D004 NEW CUSTOMER REPLACEMENTS ROUTINE -1,515,746 0.07% of Total...

AI summary The document outlines the retirement of various capital assets, including distribution plant and transportation vehicles, with details on the percentage of the asset pool retired, the nature of retirement, and the accounting treatment. No gains or losses were recognized, and the retirement amounts were debited to accumulated depreciation.