FEI-FEVI 2010 EEC Report filed March 31, 2011 - FortisBC

TERASEN GAS INC. Nov 5, 2009 NSP Agreement Section C
Tab 13
NON-TAX DEDUCTIBLE EXPENSES (NET) AND TIMING DIFFERENCE ADJUSTMENTS Schedule 37
FOR THE YEAR ENDING DECEMBER 31, 2010
($000s)
Line June 15, 2009
No. Particulars Application 2010 Change Reference
(1) (2) (3) (4) (5)
1
2
ITEMS OF A PERMANENT NATURE INCREASING TAXABLE INCOME
3
4
Amortization of Deferred Charges ($2,364) ($2,569) ($205) - Tab C-13, Schedule 54
5
6
Non-tax Deductible Expenses 500
500
-
7 Total Permanent Differences ($1,864) ($2,069) ($205) (X-Ref - Tab C-13, Schedule 35)
8 (X-Ref - Tab C-13, Schedule 6)
9
10
TIMING DIFFERENCE ADJUSTMENTS
11 Addbacks:
12 Depreciation & Removal Cost Provision $106,160 99,500 ($6,660) - Tab C-13, Schedule 33
13 Amortization of Debt Issue Expenses 721
721
-
14 Vehicle Capital Lease: Interest & Capitialized Depreciation 1,597 1,597
-
15 Pension Expense 4,779 4,779
-
16 OPEB Expense 5,320 5,320
-
17
18
2010 Revenue Surplus (Net of Tax) -
6,537 6,537
19 Deductions:
20 Capital Cost Allowance (98,544) (96,990) 1,554 - Tab C-13, Schedule 39
21 Cumulative Eligible Capital Allowance (1,001) (1,001)
-
22 Debt Issue Costs (1,206) (1,206)
-
23 Vehicle Lease Payment (3,149) (3,149)
-
24 Pension Contributions (7,115) (7,115)
-
25 OPEB Contributions (503)
(503)
-
26 Overheads Capitalized Expensed for Tax Purposes -
(12,388) (12,388)
27 Overhead Capitalization Rate Change -
-
-
28 CCA Rate Change of 2007 & 2008 -
-
-
29 Long Term Compensation -
-
-
30 Discounts on Debt Issue and Other -
-
-
31
32
Major Inspection Costs (1,060) (1,060)
-
33 Total Timing Differences $5,999 ($4,958) ($10,957) (X-Ref - Tab C-13, Schedule 35)
(X-Ref - Tab C-13, Schedule 6)
APPENDIX A
to Order G-141-09
Page 58 of 110