Mid-Kent Water/South-East Water

Final report, published 01.05.07

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Report

• Full text of report

Appendices

• Appendix A - Terms of reference and conduct of the inquiry
• Appendix B - Financial information on MKW and SEW
• Appendix C - Ownership, management and capital structures
• Appendix D - Rationale for the acquisition
• Appendix E - Event study on corporate bond prices
• Appendix F - Adverse impact on the benchmark
• Appendix G - Adverse impact on precision
• Appendix H - Adverse impact on cost base
• Appendix I - Adverse impact on qualitative comparisons
• Appendix J - Alternatives available to Ofwat in making comparisons
• Glossary