In accordance with standard condition 44 of the Electricity Distribution Licence, our directors are required to prepare regulatory accounts for each year to 31 March for each licensed entity. The accounts are required, so far as is reasonably practicable, to have the same content and format as annual accounts prepared under the Companies Act 1985, comprising:

• a profit and loss account (or, as appropriate, an income statement)
• a statement of total recognised gains and losses (or, as appropriate, a statement of changes in equity and if appropriate a statement of recognised income and expense)
• a balance sheet
• a cash flow statement
• a corporate governance statement
• a directors’ report
• an operating and financial review
  
  Central Networks East Regulatory Accounts (PDF, 1098KB)
  
  Central Networks West Regulatory Accounts (PDF, 977KB)