SANRAL uses the Loan Supportable by Revenue (LSR) model to determine the viability of a toll scheme to support all its financial obligations through the projected revenue over the lifecycle of the toll scheme.It is a natural cycle for toll schemes to begin with negative cashflows in the initial years due to the impact of the initial capital outlay for construction works. The cashflows improve over the life cycle following a J-Curve pattern to the point of break even and subsequent positive cashflows.
(a) SANRAL currently has the following toll roads:
(b) (i) (aa) the following toll roads are self-funding
(b) (i) (bb) the following toll roads have shortfalls
(b) (ii) (aa) the shortfalls have increased by following amount over the past three years
(c) (ii) (bb) not applicable