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South East Permit Scheme Surrey CC CBA Summary Costs The costs associated with the scheme include the following capital and operating expenditure in current 2012 prices Total Capital Expenditure 141 500 Annual Operating Expenditure 2 707 012 Surrey County Council will incur the full 141 500 of initial capital expenditure whereas the 2 707 012 of annual operating expenditure is split between the utility companies incurring 1 601 525 of additional expenditure per annum compared to the council...
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Operating expense, or OPEX, is the ongoing costs incurred by a business to operate and maintain its daily activities. It includes expenses such as rent, salaries, utilities, and office supplies.
All businesses are required to report their operating expenses on their financial statements. Additionally, these expenses may need to be disclosed to regulatory authorities or stakeholders as per local regulations.
To fill out the operating expense opex section, businesses should compile a list of all expenses incurred during the reporting period. These expenses should be categorized based on their nature and should be accurately recorded in the financial statements of the business.
The purpose of reporting operating expenses is to provide transparency and insight into the costs associated with running a business. It helps stakeholders, such as investors and creditors, assess the financial health and efficiency of the business operations.
The information reported on the operating expense opex section typically includes a breakdown of various expense categories, such as salaries and wages, rent, utilities, office supplies, and other regular operating costs. Additionally, any extraordinary or significant expenses should also be disclosed.
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