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NOTE 5
INCOME AND EXPENSES
Consolidated
2016
$’000
2015
$’000
(a) Access revenue
Hunter Valley
484,774
480,256
Interstate
270,931
278,119
755,705
758,375
2016
11,900
-
2015
24,100
-
2014
18,100
-
2013
15,400
-
69,500
-
The access revenue for Hunter Valley was adversely impacted by the outcome of the ACCC
determination in relation to its review of the Hunter Valley Access Undertaking 2013 Annual
Compliance Assessment and the flow on impact thereof. The adverse revenue and profit and loss
impact of the provision for the year of this decision amounts to $69.5m. The Hunter Valley Access
Undertaking requires revenue to be calculated on a calender year basis. Provided below is
a breakdown of the change in the accounting estimate of revenue by calendar year:
See note 4(viii) and 6(e), for further information regarding this review.
The Interstate access revenue was impacted by reduced mineral traffic primarily related to the
closure of Iron Ore mines in northern South Australia.
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