4.5 Creation/Acquisition/Augmentation Plan ............................................................................... 68 4.5.1 Summary of Future Costs ........................................................................................................... 70 4.6 Disposal Plan ............................................................................................................................. 71 Chapter 5: Financial ............................................................................................................... 72 5.1 Financial Statements and Projections .................................................................................... 72 5.1.1 Operational Maintenance Expenditure ........................................................................................ 73 5.1.2 Capital Expenditure ..................................................................................................................... 73 5.2 Funding Strategy ....................................................................................................................... 74 5.2.1 Development Contribution Policy ................................................................................................ 75 5.3 Valuation Forecasts .................................................................................................................. 76 5.3.1 Asset Valuation ........................................................................................................................... 76 5.3.2 Depreciation Methodology .......................................................................................................... 76 5.4 Valuation Forecasts .................................................................................................................. 77 5.5 Key Assumptions ...................................................................................................................... 78 5.5.1 Data Confidence ......................................................................................................................... 80 Chapter 6: Plan Improvement and Monitoring ..................................................................... 82 6.1 Status of Asset Management Practices .................................................................................. 82 6.1.1 Asset Management Information System ..................................................................................... 82 6.1.2 Geographical Information System ............................................................................................... 83 6.1.3 Computer Modelling .................................................................................................................... 83 6.1.4 Financial Forecasting .................................................................................................................. 83 6.1.5 Customer Service Data ............................................................................................................... 83 6.1.6 Asset Data Confidence ............................................................................................................... 84 6.2 Improvement Programme......................................................................................................... 85 6.2.1 2012- 20 Improvement Programme ............................................................................................ 87 6.3 Monitoring and Review Procedures ........................................................................................ 91 6.4 Performance Measures ............................................................................................................. 91 Appendix 1 – Non-Financial Performance Indicators .......................................................... 92 Appendix 2 – Operations and Maintenance – Water Risk Profile ........................................ 93 Appendix 3 – Capital Budget 2015-18 ................................................................................. 173 Appendix 4 – Outline Capital Budget 2015-25 .................................................................... 174