Watergroup News* - issue 9

October 2007

In this, our ninth bulletin, we:

• provide a brief summary of 10 key things that have changed in Ofwat’s consultation paper “Setting price limits for2010-15: Framework and approach” since the last Periodic Review;
• benchmark the key performance indicators used in the published OFRs of water companies’ regulatory accounts for 2006/07;
• provide a summary of our latest survey on FTSE 350 companies in the UK “Business Review: has it made a difference?” to assess the impact of the BusinessReview on the scope of narrative reporting. This includesa number of themes that are relevant to the OFRrequirements in the water sector;
• provide further details of our water company specific regulatory and accounting training workshops;
• publish a short summary of recent industry news; and
• provide a hyperlink to specific publications, articles and news on Ofwat’s website.