INDEPENDENT FINANCIAL CONSULTANCY
Section 53A Workshop Presentation
John Leahy, Director
1 March 2012
1. BACKGROUND AND PURPOSE OF FINANCIAL MODEL
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Provide a tool for licensees to assess Section 53A compliance
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Offer a predefined model to ensure consistency across annual returns
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Simplify the assessment process for licensees, notwithstanding some of the more
complicated calculations required under Section 53A
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Save licensees time in carrying out the analysis – the model automatically performs many of
the calculations required
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Provide an annual mathematical analysis for the EPA which can be used as the basis for
follow up with licensees
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2. FUNCTIONALITY OF FINANCIAL MODEL
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Clear definition is provided of how and where data is to be input
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Calculations and adjustments are automatically performed (including capital cost allocations
for pre and post introduction of Section 53A periods)
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Tots are automatically performed
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Predefined data for certain inputs
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Usage/capacity data can be in Tonnes or M3 (as long as prepared consistently throughout)
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Data protection to prevent licensees from overwriting or deleting certain cells
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Warning messages for erroneous or inconsistent data inputs
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Section 53A analysis automatically prepared - 5. Section 53A Analysis
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3. WORKED EXAMPLE FOR NOTIONAL LANDFILL FACILITY
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1,000,000 capacity (but restricted to 900,000 due to planning permission)
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Active for both pre and post Section 53A periods
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Up to 50,000 tonnes per annum – falling off in later years
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Landfill levy rates increasing in line with changes
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