National Grid 2016 Annual Report Download - page 5

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UK Gas Distribution
We own and operate four gas distribution
networks comprising approximately 131,000
kilometres (81,400 miles) of pipeline. We
transport gas from the national transmission
system to around 10.9 million consumers
on behalf of 39 shippers.
US Regulated
Electricity: We jointly own and operate
transmission facilities across upstate New York,
Massachusetts, New Hampshire, Rhode Island
and Vermont. We own and operate electricity
distribution networks in upstate New York,
Massachusetts and Rhode Island. The assets
we operate include 174 kilometres (108 miles)
of underground cable, 491 transmission
substations and 688 distribution substations.
Gas: We own and operate gas distribution
networks across the northeastern US, located
in upstate New York, New York City, Long
Island, Massachusetts and Rhode Island.
We forecast, plan for and procure around
16 billion standard cubic metres of gas
each year.
Other Activities
Our other activities mainly relate to non-
regulated businesses and other commercial
operations not included within the business
segments including: interconnectors;
UK-based gas metering activities; UK property
management; a UK LNG import terminal; US
LNG operations; US unregulated transmission
pipelines; and corporate activities.
Adjusted operating profit
£878m
2014/15: £826m
Capital expenditure
£549m
2014/15: £498m
Adjusted operating profit
£1,185m
2014/15: £1,164m
Capital expenditure
£1,856m
2014/15: £1,501m
US Regulated RoE
(calculated on a calendar year) %
Adjusted operating profit
£374m
2014/15: £199m
Capital expenditure
£218m
2014/15: £213m
8.0
8.4
9.0
9.2
8.8
15/16
14/15
13/14
12/13
11/12
03National Grid Annual Report and Accounts 2015/16
Strategic Report
At a glance