A service provider for a non-scheme pipeline must prepare, maintain and publish:
- service and access information
- standing terms
- financial information
- weighted average price information
This information is to be published for non-scheme pipelines in accordance with the National Gas Law (WA), Part 23 of the National Gas Rules (WA) and the financial reporting guideline. The guideline provides for the publication of financial information about each non-scheme pipeline; specifies the methods, principles and inputs used to calculate the weighted average price information; specifies the level of detail of information required; specifies applicable accounting or audit standards; and specifies the level of audit assurance required.
The guideline refers to the financial reporting template and sets out the requirements for service providers to complete the template. This guideline is to be read in conjunction with the Financial Reporting Guideline for Non-Scheme Pipelines Explanatory Statement. On 23 October 2020, the ERA updated the financial reporting template to reflect changes in how leases are accounted for under standards set by the Australian Accounting Standards Board and other minor formatting amendments. The current template originally published on 30 June 2021 reflects additional changes to formulas, category and heading labelling, and formatting to correct errors, improve consistency, and enhance the accessibility of reported information. Further amendments were made on 6 July 2021 to correct minor errors in some formulas in the template. All changes are documented in the Amendment record worksheet of the updated template.
Previous Guideline Documents