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During 2009–10, total income was $2.2 billion, $230 million (12%) higher than 2008–09. This reflected higher prices determined by IPART and slightly increased water sales, when compared to the previous year.

Sydney Water’s total income for 2009–10 was $2.2 billion, $230 million (12%) higher than
2008–09. Prices increased on average by around seven per cent plus the Consumer Price Index. This is in line with the Independent Pricing and Regulatory Tribunal’s (IPART) pricing determination for Sydney Water. It also reflects IPART’s determination of higher bulk water charges of the Sydney Catchment Authority. Water volumes sold increased slightly, due to the hot, dry summer.

Total income 2009–10 ($2.2 billion)

Total operating expenditure of $1.1 billion was $49 million (4.8%) higher than 2008–09. This was driven by higher labour costs and a rise in the cost of bulk water that Sydney Water buys from the Sydney Catchment Authority.

Total operating expenditure 2009–10 ($1.1 billion)

Capital expenditure in 2009–10 covered completion of the desalination plant and pipeline and continued expenditure on asset renewals, reliability, government programs and growth.

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