independent Financial consultancy Section 53A Workshop Presentation John Leahy, Director 1 March 2012

Provide a tool for licensees to assess Section 53A compliance 1. BACKGROUND AND Purpose of Financial Model Provide a tool for licensees to assess Section 53A compliance Offer a predefined model to ensure consistency across annual returns Simplify the assessment process for licensees, notwithstanding some of the more complicated calculations required under Section 53A Save licensees time in carrying out the analysis – the model automatically performs many of the calculations required Provide an annual mathematical analysis for the EPA which can be used as the basis for follow up with licensees

Clear definition is provided of how and where data is to be input 2. Functionality of financial model Clear definition is provided of how and where data is to be input Calculations and adjustments are automatically performed (including capital cost allocations for pre and post introduction of Section 53A periods) Tots are automatically performed Predefined data for certain inputs Usage/capacity data can be in Tonnes or M3 (as long as prepared consistently throughout) Data protection to prevent licensees from overwriting or deleting certain cells Warning messages for erroneous or inconsistent data inputs Section 53A analysis automatically prepared - 5. Section 53A Analysis

Active for both pre and post Section 53A periods 3. worked example for Notional Landfill facility 1,000,000 capacity (but restricted to 900,000 due to planning permission) Active for both pre and post Section 53A periods Up to 50,000 tonnes per annum – falling off in later years Landfill levy rates increasing in line with changes