Operations & Maintenance (SF.IS.OperationsAndMaintenance)

Operations & Maintenance (SF.IS.OperationsAndMaintenance) refers to costs of operating and maintaining utility facilities and distribution networks, other than direct costs of goods and services sold. It is classified as an operating expense.

Operations & Maintenance (SF.IS.OperationsAndMaintenance) includes:

  • Operation and maintenance of power generating plants and power transmission grids
  • Operation and maintenance of natural gas storage facilities and distribution networks
  • Operation and maintenance of water facilities and distribution networks
  • Operation and maintenance of desalination plants
  • Operation and maintenance of heating and steam facilities and distribution networks
  • All expenses incurred in operating and maintaining utility facilities and distribution networks, if operation and maintenance costs are not presented separately from the cost of goods sold
  • Cost of repair/maintenance of vehicles for power distributions

Operations & Maintenance (SF.IS.OperationsAndMaintenance) does not include: