Public Transport Planning and Management in Developing Countries

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“K18880” — 2014/11/6 — 12:31 — page 245 — #255

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Public Transport Planning and Management in Developing Countries

Three adjustments were considered:

a. Unreimbursed amount of concessions

b. Difference between actual MV tax paid and benchmark rate of MV tax of 6.25%

c. Losses from providing interior rural routes

Valuation by two methods are provided:

a. After adjusting for only the unreimbursed amount of concessions and MV tax differential

b. After adjusting for the above plus losses incurred on interior rural routes.

Table 9.16: Economic Value Added Method 1

Years Profit Unreimbursed

Student Con-

cession

Differential

MV Taxes

Adjusted

Earnings

Capital

Charges ...