SP AusNet Opex MergerRestructure Effects

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SP AusNetOpexMerger/Restructure Effects
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Merger Timeline
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Opex Merger Effects 2003/04 to 2006/07
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Opex Merger Effects Maintenance
Establishment of Network Services Group
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Opex Merger Effects Maintenance
Merger benefits from NSG
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Opex Merger Effects - Operations
Merger of transmission and Distribution Operations
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Opex Merger Effects Asset Works
Asset works profile driven by expenditure on
individual projects Nonetheless cost savings flow
into these works
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Opex Merger Effects - Corporate
Significant expenditure to achieve merger
benefits in HR and IT
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Opex Merger Effects - Corporate
Merger of Transmission and Distribution drive
considerable on-going savings in HR, Finance and
Other corporate overheads
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Opex Merger Effects Management Co
Management Co established in second half of
2005/06 year
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Opex Merger Effects Management Co
Management Co costs are being stripped out of
other areas
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Opex Merger Effects 2003/04 to 2006/07
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Opex Merger Effects savings
Large on-going savings in maintenance and
operations and corporate overheads
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Opex Merger Effects bottom line
Almost 2 Million dollars saved on an ongoing basis