How Sanral changed its e-toll collection targets

[BusinessTech]

How Sanral changed its e-toll collection targets

Sanral has released information on the latest e-toll revenue collections - and when compared to its re-adjusted projections, it's exceeding expectations.

 

[supersunbird]

So they exceeding their new low targets? Means some of those who pay can stop paying...

OMG, I hate this positive scripting BS!

 

[supersunbird]

The revised forecasts notwithstanding, it is clear that month-on-month there is an upward trend in payment since the Deputy President’s announcement in May. This is all we are saying – the facts don’t lie,” said Sanral CFO Inge Mulder.

Did they really get 82 million in July? They already have the figures for that? I'm suspicious.

How can they have made so much when most prices were halved on 1 of July? I'm sure there hasn't been a 50% increase in payers... I call BS.

 

[reactor_sa]

Must be the fuel levy that was added for etolls earlier in the year.

 

[skimread]

I don't understand. It seems they are happy by introducing low targets. Surely as a company you should be concerned about your debtors but they aren't in the slightest. I just don't understand.

 

[Segg]

So, like the Dept of Education, just lower the bar and call it a success. It doesn't change the fact that the amount of interest is increasing...

 

[supersunbird]

I don't understand. It seems they are happy by introducing low targets. Surely as a company you should be concerned about your debtors but they aren't in the slightest. I just don't understand.

Indeed. Will it now take 50 years to pay it back or what?

 

[skimread]

Indeed. Will it now take 50 years to pay it back or what?

It's seems to be they are saying it will take 15 year to pay off but they don't say if that is just the etolls or the roads themselves. Considering the payments to the Austrians and all the admin and staff costs I wish they were transparent what costs what.

 

[SoTrue]

Probably a few Gov entities were forced to make arrear payments in July.....

 

[grok]

30%-ers.. and if they're still unable to make it lower the passmark even more.

 

[krycor]

It looks like they took last years figures and then made predictions based on that hence the lower expectations for the bottom end of the eat Cool.. so you can predict eToll collections but.. does that mean you meeting your target? I think not.. just means you can predict how badly you falling from the target haha

 

[Billy]

Revenue received, or revenue invoiced? There is usually a big difference.