In financial year 2022, the regulated asset value of United Kingdom-based utility company National Grid Plc stood at 45.37 billion British pounds. National Grid's regulatory asset base has been recovering steadily since 2017, when it divested itself of its gas distribution business in the United Kingdom.
Regulated asset value of National Grid Plc from FY 2012 to FY 2022
(in billion British pounds)
* The company divested its UK gas distribution business in March 2017.
Regulatory assets are specific costs or revenues that a utility is allowed to defer to its balance sheet, rather than reporting on them on the company's income statement. Instead of being treated as income or expenditures in a single year, these items are booked as assets and do not need to be reported for tax purposes.
Fiscal year ended March 31.
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National Grid. (June 1, 2022). Regulated asset value of National Grid Plc from FY 2012 to FY 2022 (in billion British pounds) [Graph]. In Statista. Retrieved October 30, 2024, from https://www.statista.com/statistics/633742/national-grid-regulatory-asset-base-uk/
National Grid. "Regulated asset value of National Grid Plc from FY 2012 to FY 2022 (in billion British pounds)." Chart. June 1, 2022. Statista. Accessed October 30, 2024. https://www.statista.com/statistics/633742/national-grid-regulatory-asset-base-uk/
National Grid. (2022). Regulated asset value of National Grid Plc from FY 2012 to FY 2022 (in billion British pounds). Statista. Statista Inc.. Accessed: October 30, 2024. https://www.statista.com/statistics/633742/national-grid-regulatory-asset-base-uk/
National Grid. "Regulated Asset Value of National Grid Plc from Fy 2012 to Fy 2022 (in Billion British Pounds)." Statista, Statista Inc., 1 Jun 2022, https://www.statista.com/statistics/633742/national-grid-regulatory-asset-base-uk/
National Grid, Regulated asset value of National Grid Plc from FY 2012 to FY 2022 (in billion British pounds) Statista, https://www.statista.com/statistics/633742/national-grid-regulatory-asset-base-uk/ (last visited October 30, 2024)
Regulated asset value of National Grid Plc from FY 2012 to FY 2022 (in billion British pounds) [Graph], National Grid, June 1, 2022. [Online]. Available: https://www.statista.com/statistics/633742/national-grid-regulatory-asset-base-uk/
