At\S'"' COI.. . :'., $ \ ~" .....,~. 11...'\.l, C',",·· ~ . ~ ;. . .J -, : , y J' ~. . ~ t ;i 7 t '/ -... .>;-~ S COtJ\~' PROVINCE OF BRITISH COLUMBIA BRITISH COLUMBIA UTILITIES COMMISSION IN THE MA TTER OF the Utilities Commission Act, S.B.C. 1980, c. 60, as amended and IN THE MATTER OF Commission Order No. G-52-87 BEFORE: J.D.V. Newlands, Deputy Chairman; and N. Martin, Commissioner ORDER WHEREAS Inland Natural Gas Co. Ltd. ("Inland") was required by Commission Decision and Order No. G-52-87 to file a revenue and cost report with regard to the sale of furnaces, fireplaces and water heaters, commencing September, 1987; and WHEREAS Inland submitted reports on a monthly basis and by letter dated November 19, 1987 requested the Commission to allow an amendment to the reporting requirements by deleting fireplaces as an item upon which to report; and WHEREAS the Commission considered the request and on January 22, 1988 asked Intervenors and Participants from the Inland Revenue Requirements proceeding for comments by February 19,1988; and WHEREAS Inland provided comments; and WHEREAS the Commission has considered all of the foregoing. NOW THEREFORE the Commission orders Inland Natural Gas Co. Ltd. as follows: 1. Inland's request to delete fireplaces from requirements of furnaces, fireplaces and water heaters is denied. 2. The reporting requirements for the Merchandising Program is to follow the format, attached as Appendix A. 3. Full Cost prlcmg policy, in accordance with Decision and Order No. G-52-87, to be effective April 1, 1988, is confirmed. DATED at the City of Vancouver, in the Province of British Columbia, this }!'f 71... day of March, 1988. FOURTH FLOOR. 800 SMITH: STREET VANCCxJVER, BC Attachment TELEPHONE l604i 660,4700. TELEX 04'~536. RAPICOM 120 (6041660-1102 --.---.---- "1 ( .... ., ... " ...... ,-",~ (:. -,,., -'• • I"" _ :.... '" i • :...,:..;.: • ....- ...' i UA ''7~ ~;. l<"..... or ,,'\.,... ,_, 1 "3 :.-' li- : ~ ~- ~ : • _.,J ~<.~;' L;~ L ~ ~ '8 ~ ~ ~ ~ ~ ! -v ; I t <!' I , '~ O . ~ ,.. i .; ~ ~ ~.f O '~~ ~ ' ~ ,. 0 ~ -J I .. t..,e:, OR::~ I NUl\i;C:::.l G-27-88 : ) ) March 18,1988 ) ) responses to the participants' the reporting Commission ' , f 7 // / / / Y d /·i;.Jt .Y. Newlan ~ ~g~J,Y c<;(N~~lrman W·110S
INLAND NATURAL GAS:::O. LTD. - MERCHANDISINCPAOGRAM »--Firepfcs,Furnace.'\laterHtr. -82% -I Flreplaces-21 %* October'S7 YTD October '87 REVENUES 1 Retail $243,688 $532,988 $48,736 2 Wholesale 59,979 160166 11,995 3 $303.667 $693.154 $60,731 .. MARK UP (GM/COGS) 4 Retail (line 10lline 7) 14.21" 14.21" 14.21" 5 Wholesale (line 11/line 8) 19.27" 19.27" 19.27" 6 Average (line 121line 9) 15.18" 15.18" 15.18" COST OF GOODS SOLD 7 Retail- product costs 213,366 465.791 42.673 8 Wholesale - product costs 50.289 134977 10058 9 $263,655 $600.768 $52,731 GROSS MARGIN ON SALES 10 Retail 30,322 67,197 6.063 11 Wholesale 9,690 25,189 1937 12 $40,012 $92,386 $8,000 SELLING & ADMIN. EXPENSES 13 Supervision- BCUCACC 700 $5,043 $19,872 $1,009 14 Advertising- BCUCACC701 (6,797) (6,217) (1,360) 15 Promo & Sales-8CUCACC 702 11,794 34,283 2,359 16 I ndirect Overhead 12,215 48860 3935 17 $22,255 $96,798 $5,943 18 INTEREST ON WORKING CAP. $0 $0 $0 19 PRE TAX MARGIN O .. N SALES $17,757 ($4,412) $2,057 20 5.85" -0.64" 3.39" 21 INCOME TAX $8877 ($2,206) $1,027 22 AFTER TAX MARGI . N . ON SALES $8,880 ($2,206) $1,030 23 2.92" -0.32" 1.70" 24 Annual Incremental Gas Sales GJ 25 Annual Incremental Margin on Gas Sales $ * The percentages represent the proportion of the total merchandising tinction represented by each product group. (The "barbeques, ranges etc." group represents about 18% of the totalmd are priced "incrementally".) MERCH COMMENTS Furnaces. Water Heaters-51 %* YTD October '87 YTD $106.597 $194,952 $426,391 32034 47984 128.132 $138,631 $242,936 $554,523 14.21" 14.21% 14.21" 19.27" 19.27" 19.27" 15.18" 15.18" 15.18" 93,158 170,693 372,633 26995 40231 107,982 $120,153 $210,924 $480,615 13.439 24,259 53.758 5,039 7,753 20150 $18,478 $32,012 $73,908 $3,974 $4,034 $15,898 (1,243) (5,437) (4.974) 6,857 9,435 27,426 9770 8,280 39090 $19,358 $16,312 $77,440 $0 $0 $0 ($880) $15,700 ($3,532) -0.63" 6.48" -0.84" ($440) $7850 ($1 766) ($440) $7,850 ($1,766) -0.32" 3.23" -0.32" 3/23/88
You are being directed to the most recent version of the statute which may not be the version considered at the time of the judgment.