Brief: Aurizon Updates On Queensland Competition Authority Matters

Aurizon Holdings

20/12/2022 04:29

Dec 20 (Reuters) - Aurizon Holdings Ltd  AZJ.AX :
    * UPDATE ON QCA MATTERS
    * 2021-22 REVENUE ADJUSTMENT AMOUNT WILL BE RECOVERED FROM
ACCESS
HOLDERS IN FY2024
    * QCA DECISION REDUCES AMOUNT AURIZON NETWORK IS ABLE TO
RECOVER
BY ABOUT A$8 MILLION
    * AURIZON NETWORK WILL REVIEW DECISION AND NEXT STEPS
    * QCA DECISION HAS NO FINANCIAL IMPACT IN CURRENT FY2023
REPORTING
PERIOD
    * ON 20 DEC QCA PUBLISHED DECISION THAT IT WAS SATISFIED
THAT
ADJUSTMENT AMOUNT HAD BEEN CALCULATED IN ACCORDANCE WITH ACCESS
UNDERTAKING
    * QUEENSLAND COMPETITION AUTHORITY DECIDED WEIGHTED AVERAGE
COST
OF CAPITAL ADJUSTMENT TO BE CALCULATED ON BASIS OF WACC INCREASE
APPROVED ON 14 MARCH

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