EC6(1) Payment to Province
Dollars (in millions)
| F2000 | F2001 | F2002 | F2003 | F2004 | F2005 | F2006 | F2007 | |
| Payment to the Province | 343 | 372 | 333 | 338 | 73 | 339 | 223 | 331 |
BC Hydro is required to make an annual Payment to the Province equal to 85 per cent of its distributable surplus. Distributable surplus is calculated as consolidated net income adjusted for interest capitalized during construction and related amortization. In addition to the Payment to the Province of $331 million, BC Hydro paid $631 million in water rentals, school taxes, grants and other taxes to provincial and municipal governments in fiscal 2007.
Last Modified: Jul 11, 2007
