Water £m
2013 Companyªۜ
Owners^
Anglian
Canadian Pension Plan Investment Board Colonial First State Global Asset Management, Industry Funds Management, 3i
Revenue
Operating profit
Profit after Interest tax
Tax*
Dividends*
Borrowings
Equity
1266
401
1
31
392
129
7404
4
292
77
1
29
53
46
939
342
46
15
1
11
6
3
93
42
124
28
1
17
12
13
301
92
827
361
31
172
242
69
3929
-680
37
5
0
2
7
0
94
29
1857
472
-27
435
235
185
4441
1090
213
66
0
13
58
10
1047
265
220
30
3
-9
40
0
524
-80
South West
Pennon Group Plc: Ameriprise Financial Inc, Pictet Asset Management, Banque Pictet
522
227
44
164
64
112
1962
587
Southern
IIF International SW UK Investments Limited, The Northern Trust Company
806
277
0
-5
308
4738
559
Sutton and East Surrey
Sumitomo Corp, Osaka Gas Co
84
14
-1
4
11
1
295
70
Thames
Macquarie Infrastructure Fund (Australia) China Investment Corporation Abu Dhabi Investment Authority
1952
594
0
174
541
45
11058
1469
United Utilities
United Utilities Group Plc: Blackrock, AXA, Banque Pictet
1705
637
-30
739
242
238
6069
2216
716
183
-4
2
141
2815
-74
547
243
-4
162
86
2127
8
1023
352
-15
-206
358
5643
136
12234
3982
1
1734
2795
53478
6075
Affinity Bournemouth Bristol Northumbrian (includes Essex and Suffolk) Portsmouth
Severn Trent
South East
Infracapital Partners, Morgan Stanley Infrastructure Partners Sembcorp Industries Limited Capstone Infrastructure Corporation Group Cheung Kong Group, Li Ka Shing South Downs Capital Severn Trent Plc: Blackrock, Bank of New York Mellon, Newton Investment Management Caisse de depot et placement du Quebec, Utilities Trust of Australia, Desjardins Employees Pension
South Staffordshire KKR & Co (includes Cambridge)
Welsh
Glas Cymru (not for profit)
Wessex
YTL Corporation Berhad
Yorkshire
Citi Infrastructure Investors, GIC Special Investments, Infracapital Partners LP, Deutsche Asset & Wealth Management, State Infrastructure Holdings
Total
114
965
^ Top three shareholders included for companies listed on public stock exchanges. * Tax and dividend figures taken from the cash flow statement to show actual paid in the year. ªۜ See the list at the bottom of this sheet for the group company the figures have been taken from . Where possible, the accounts used have been consolidated group accounts.
CALCULATIONS Total paid out in interest and dividends Total debt and equity Approximate cost of UK government 30 year gilts based on prices over the last year (%) (http://www.bloomberg.com/markets/rates-bonds/government-bonds/uk/)
3760 59553 3
Total that would be paid out in interest on government gilts on equivalent debt and equity
1787
Total savings if publicly financed (with tax paid by the companies added to the gilt interest) Per household (ÂŁ)
74.69
1972
Previous results for water companies can be found here: www.corporatewatch.org/news/2013/feb/14/leaking-away-financial-costs-water-privatisation Company Anglian Affinity
Bournemouth Bristol Northumbrian (includes Essex and Suffolk) Portsmouth Severn Trent South East
Individual group company accounts figures taken from Anglian Water Group Ltd Affinity Water Acquisitions (Investments) Limited Sembcorp Bournemouth Water Ltd Bristol Water Plc Northumbrian Water Group Ltd South Downs Capital Ltd Severn Trent Plc HDF (UK) Holdings
South Staffordshire Hydriades IV Ltd (includes Cambridge) South West Water Southern Water Sutton and East Surrey Thames Water United Utilities Welsh Water Wessex Water Yorkshire Water
South West Water Ltd Greensands Holdings Ltd Sumisho Osaka Gas Water UK Limited Kemble Water Holdings Ltd United Utilities Group Plc Glas Cymru YTL Utilities (UK) Ltd Kelda Holdings Ltd