crl operational budgets (2) showing the operational costs of the crl

City Rail Link -Indicative scenario

FY23 first full year of operations, self-fund enabling works and government contribution commencing in FY20

Key financials Annual capital spend$600 ,.----.-- ..- .. --.-- .---- ..----.---.--.-.-.----------------.-.---

• Total capital spend - $2.4b inflated I I 1$500+-1 --------.

• Government funding - $O.96b I I $400 +-i ----------------1

commencing in FY20

• Key annual operating financials infirst full year of operations (FY23)

a) Fare box revenue - $22m

b) NZTA operating subsidy-$16m

c) Operating costs - $31 m

d) Interest - $97m

e) Depreciation - $22m

• Operational rates impact - $112m

soI To FY15

-$100 t-i . ..J

I-5200 L --.-

FY16 FV17 FY18 FV19 FY25

Rates funding impact

$140 _--First full year of

s120.------ ..-----.---.---.------------------~E~~~--.-----.-$100 .L,---------.

$60 +-----------.-------------.------------.--------.-------JIIIII!-

580 : ~ I

540 -! -----------------.-----.-------.-------

520

$0 , -..ll_~-------To FY15 FY16 ,Y17 FY18 FY19 FY20 FYll FY22 FY23 FY24 FY25

City Rail Link - Financial overview as proposed in the draft LTP 2015-2025

5 November 2014

• Total capital spend - $2.4b inflated

• Government funding - $1.1 bcommencing in FY16

• Key annual operating financials infirst full year of operations (FY22)

a) Fare box revenue - $21m

b) NZTA operating subsidy-$15m

c) Operating costs - $30m

d) Interest - $75m

e) Depreciation - $21 m

• Operational rates impact - $90m

Annual capital spend

$000 ,-----------------------------------------------------------------------

$500 .,-- -- - ------- . ---- --- .- -----------

$400 4__ ------------------- -------------- --------

$300

$200 4 ------------- -------.------

~------------=~~--~~_..-r---.-.--.---~--,---TO fY15 fY16 fY17 fYl8 fY19 FY20 fY21 fY22 IIIiIllII fY24 fY25

-$100

-$200 L_ ---- ...-- ---------- -- ----- -- --- ---------- - -- ._--- ---

Rates funding impact

S140 T'---------------------------------------------------$120 /------------- .------------- ----First-full-year-of----------------

operations$100

Soo+-------------------~~~~-----------SW i-------------------------------------- ---1--------------------

$40 -1---------------------------------- ------------------------

$;: ~=-------- -=~~===J-~-=~---------To fY1S FY16 FY17 fY18 fY19 fY20 fY21 fY22 fY23 fY14