Overview

Models

The following models were used in our final decision.

AER - Final Decision Capex Model - November 2017

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AER
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AER - Final Decision Depreciation Model - November 2017

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AER
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AER - Final Decision Post Tax Revenue Model - November 2017

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AER
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AER - Final Decision Roll Forward Model - November 2017

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AER
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Consultant reports

We commissioned the following reports, which we took into account when making our final decision.

Partington and Satchell - Advice on AER equity beta update - September 2017

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Partington and Satchell
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