A number of significant assumptions about underlying future conditions and events have been made in this 10 Year Plan, particularly in the Infrastructure Strategy and Financial Strategy. This section outlines all assumptions that impact on our activities, or make a material difference to GWRC’s overall forecast financial position. The assumptions are considered reasonable, based on the information available at the time of drafting. Where there is a high level of uncertainty the potential effects of the assumptions are also identified.

Assumptions concerning the useful life of significant assets and sources of funds for replacing significant assets are included in the statement of significant accounting policies.