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 38
FOR THE YEAR ENDING DECEMBER 31, 2011
($000s)
Line June 15, 2009
No. Particulars Application 2011 Change Reference
(1) (2) (3) (4) (5)
1
2
ITEMS OF A PERMANENT NATURE INCREASING TAXABLE INCOME
3
4
Amortization of Deferred Charges $1,474 ($5,269) ($6,743) - Tab C-13, Schedule 55
5
6
Non-tax Deductible Expenses 500
500
-
7 Total Permanent Differences $1,974 ($4,769) ($6,743) (X-Ref - Tab C-13, Schedule 36)
8 (X-Ref - Tab C-13, Schedule 6)
9
10
TIMING DIFFERENCE ADJUSTMENTS
11 Addbacks:
12 Depreciation & Removal Cost Provision $109,022 105,147 ($3,875) - Tab C-13, Schedule 34
13 Amortization of Debt Issue Expenses 721
721
-
14 Vehicle Capital Lease: Interest & Capitialized Depreciation 2,029 2,029
-
15 Pension Expense 5,704 5,704
-
16 OPEB Expense 5,297 5,297
-
17
18
2010 Revenue Surplus -
-
-
19 Deductions:
20 Capital Cost Allowance (100,844) (97,259) 3,585 - Tab C-13, Schedule 40
21 Cumulative Eligible Capital Allowance (937)
(937)
-
22 Debt Issue Costs (1,003) (1,003)
-
23 Vehicle Lease Payment (3,736) (3,736)
-
24 Pension Contributions (7,322) (7,322)
-
25 OPEB Contributions (503)
(503)
-
26 Overheads Capitalized Expensed for Tax Purposes -
(12,881) (12,881)
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 (310)
(310)
-
33 Total Timing Differences $8,118 ($5,053) ($13,171) (X-Ref - Tab C-13, Schedule 36)
(X-Ref - Tab C-13, Schedule 7)
APPENDIX A
to Order G-141-09
Page 59 of 110