Electricity Asset Management Plan 2019-2029
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The above increases are partially offset by the reduction in property lease cost due to the new accounting treatment of leases under IFRS 16.
• A forecast decrease in Business Support expenditure of $46m, mainly due to:
- A change to the shared cost allocator reducing the allocated corporate cost by circa $52m (the allocator changed from Property, Plant and Equipment used in the prior year AMP to the allocator calculated for the Gas Information Disclosure); and - A reduction in property lease cost due to the new accounting treatment of leases under IFRS 16. The above reductions were partially offset by increases in expenditure related to cyber security, sustainability and people safety and risk initiatives.
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