Examples of WPD Group in a sentence
The Issuer heads the WPD Group whose principal activity is the distribution of electricity in the South West of England, South Wales and East and West Midlands of England conducted by the Distribution Companies and certain other subsidiaries (the WPD Group).
KEY STRENGTHS The business of the WPD Group has a number of strengths, deriving both from the commercial strength of the business, and from the status of the Distribution Companies as regulated monopoly distributors of electricity.
A further reason for the restriction to subintervals is imparted in Example 2.4. Example 2.4 Consider the DAE x˙1 − |x1| − exp(x2) |x1| 0 = F (t, x, x˙, g(t, x)) =sin(x2)with g(t, x) = exp(x2) (2.4) sin(x2) for t ∈ I := [0, ∞).
The accident rate for the WPD Group for 2020/21 is0.68 (2019/20: 0.75), outperforming the RIIO-ED1 target of 1.61.
The WPD Group did not have any fair value hedges during the years presented in this historical financial information.
The WPD Group assesses goodwill and intangibles with indefinite useful lives for impairment annually and other assets or groups of assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable.
A provision is recognised when the WPD Group has a legal or constructive obligation as a result of a past event; it is probable that an outflow of economic benefits will be required to settle the obligation; and a reliable estimate can be made of the amount of the obligation.
It has been prepared under the historical cost convention of accounting policies disclosed below.The significant accounting policies and the critical accounting judgements, estimates and assumptions of the WPD Group are set out below.
The WPD Group has a commitment, mainly through the ESPS, to pay pension benefits.
In accordance with the transition provisions in IFRS, the WPD Group has elected not to restate comparative figures on initial adoption of IFRS 9.