Name of Distribution Licensee: HPSEB
Annual Revenue Requirement			Form No: S4
			All figures in Rs Crores
	Particulars	PY	CY	EY
		2005-06	2006-07	2007-08
	Power Purchase or Energy Available (MU)	6042.81	6096.90	6481.38
	Sale of Power (MU)	5239.51	5128.51	5428.55
	Loss %	13.29%	15.88%	16.24%
1	Receipts
a	Revenue from tariffs & Miscell. Charges	1615.61	1648.99	1664.10
b	Subsidy from Govt.	76.85
	Total	1692.46	1648.99	1664.10
2	Expenditure
a	Purchase of Power from Own Stations
b	Purchase of Power from Other Sources	0.00	1126.98	1039.22
c	Intra-State Transmission Charges
d	R&M Expense	12.11	15.86	18.61
e	Employee Expenses	354.45	388.88	426.27
f	A&G Expense	13.58	14.89	16.87
g	Depreciation	19.67	23.25	25.25
h	Interest & Finance Charges	92.03	92.85	92.38
i	Less: Interest & other expenses capitalised	(35.84)	(36.86)	(34.80)
j	Other Debits (incl. Prov for Bad debts)	0	0	0
k	Extraordinary Items	0	0	0
l	Other (Misc.)-net prior period credit	0	0	0
	Total	455.99	1625.85	1583.80
3	Reasonable Return	9.82	8.70	11.90
4	Other Income	50.46	54.25	56.96
5	Annual Revenue Requirement (2)+(3)-(4)	415.36	1580.30	1538.74
6	Surplus(+) / Shortfall(-) : (1)-(5)	1277.11	68.68	125.36
	before tariff revision
7	Tariff Revision Impact
8	Surplus(+) / Shortfall(-) : (6)-(7)
	after tariff revision