Expenses Summary

This screen is not strictly a document for fundamental analysis but it allows the user to check important detail about the make-up of total revenues. Again, this screen is an intermediate step between the business stream and general input assumptions, on the one hand, and the Income and Expenditure Account on the other. Its greater complexity reflects the fact that the routines for forecasting expenditure in CAPACITY are much more complex than those for forecasting revenues.

The screen summaries and presents the various projected expenditure items in a format which reflects the structure used in the model, whereby existing ("fixed") costs are dealt with separately from incremental (unit-based "variable") costs.

For the property-based business streams, nine relating to social housing, but excluding Home-buy, and three relating to non-social housing, the expenditures are presented and summarised under the following headings:
management costs, service costs, care/support costs, major repairs and maintenance costs and ongoing repairs and maintenance costs.

However, for non-social housing there are no care/support costs. Business stream-based incremental costs are shown separately from existing costs then added.

For the non-property based business streams, two relating to social housing and one relating to non-social housing, there is simply one cost category, namely management and other costs. Furthermore there is not the split between incremental and existing costs, since total costs are modelled simply as a percentage of total revenues, which include both existing and new volumes.

Finally this sheet also summarises all the above costs under the four main headings of:

social housing property based
social housing non-property based
non-social housing property based
non-social housing non-property based.

Home-buy, again, is dealt with direct to the Income and Expenditure Account.

The picture of the Expenses Summary screen is an edited version of the full CAPACITY table which mainly repeats a standard format for all 16 business streams.