In the real world, if a company grew its assets by $18 billion (138%) but reduced its production by 8%, heads would roll. In Premier Clark’s La La Land, party favours roll instead. Good Liberal CEO Jessica McDonald is secure in her job, at least until until May 9.
In the six years from 1996 to 2001, BC Hydro’s total assets averaged $11.8 billion. In the same period, its facilities generated an average of 50,522 GWh of electricity.
In March 2016, BC Hydro’s total assets equalled $30 billion and within six months, the total had grown to $31 billion. In the six years ending March 2016, its facilities generated an average of 46,396 GWh of electricity.
Sources are BC Hydro Annual Reports, including audited financial statements and tables of Sources of Supply.
Categories: BC Hydro