In line with our final decision on Multinet's gas distribution network, we have updated Multinet's return on debt for 2019 under NGR r. 87(12). As a result of this update, the return on debt for 2019 is 4.64 per cent. This results in an X-factor for 2019 of –1.78 per cent. Holding other things constant, a positive X-factor implies a real revenue decrease and a negative X-factor implies a real revenue increase. The revised PTRM shows the updated X-factor.

In line with our final decision on Multinet's gas distribution network, we have updated Multinet's return on debt for 2020 under NGR r. 87(12). As a result of this update, the return on debt for 2020 is 4.48 per cent. This results in an X-factor for 2020 of –1.17 per cent. Holding other things constant, a positive X-factor implies a real revenue decrease and a negative X-factor implies a real revenue increase. The revised PTRM shows the updated X-factor.

In line with our final decision on Multinet's gas distribution network, we have updated Multinet's return on debt for 2021. As a result of this update, the return on debt for 2021 is 4.27 per cent. This results in an X-factor for 2021 of -0.96 per cent. Holding other things constant, a positive X-factor implies a real revenue decrease and a negative X-factor implies a real revenue increase. The revised PTRM shows the updated X-factor.

In line with our final decision on Multinet's gas distribution network, we have updated Multinet's return on debt for 2022.

As a result of this update, the return on debt for 2022 is 4.06 per cent. This results in an X-factor for 2022 of -1.00 per cent. Holding other things constant, a positive X-factor implies a real revenue decrease and a negative X-factor implies a real revenue increase.

The revised PTRM shows the updated X-factor.