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54 <br />2021 Amended and Restated WSA 17162043.1 <br />1. Existing Assets Cost Recovery. The Wholesale Customers’ repayment of <br />their share of Hetch Hetchy Existing Assets (Water-Only and the Water-Related portion [45 <br />percent] of Joint assets) is shown on Attachment K-4 accompanying Section 5.03. <br />2. Debt Service on New Assets. The Water Enterprise will be assigned 100 <br />percent of Net Annual Debt Service attributable to acquisition and construction of New Hetch <br />Hetchy Enterprise assets that are Water-Only and the Water-Related portion (45 percent) of Net <br />Annual Debt Service on New Hetch Hetchy Enterprise Joint assets. The provisions of Section <br />5.04.A apply to debt service on New Hetch Hetchy Enterprise assets. <br />3. Revenue-Funded Capital Additions. The Water Enterprise will be <br />assigned 100 percent of capital expenditures from revenues for New Hetch Hetchy Enterprise <br />assets that are Water-Only and the Water-Related portion (45 percent) of such expenditures for <br />new Hetch Hetchy Enterprise Joint assets. The provisions of Section 5.04.B apply to the <br />payment of New revenue-funded Hetch Hetchy Enterprise assets. <br />C. Calculation of Wholesale Customers’ Share of Hetch Hetchy Enterprise <br />Capital Costs. The Wholesale Customers’ share of the Net Annual Debt Service and revenue <br />funded capital expenditures determined under subsections B.2 and 3 shall be calculated by <br />multiplying that dollar amount by Adjusted Proportional Annual Use. <br />5.10. Additional Agreements Related to Financial Issues <br />A. Wholesale Customers Not Entitled to Certain Revenues. The Wholesale <br />Customers have no entitlement to any of the following sources of revenue to the SFPUC. <br />1. Revenues from leases or sales of SFPUC real property. <br />2. Revenues from the other utility services such as the sale of electric <br />power, natural gas and steam. <br />3. Revenues from the sale of water to customers and entities other than the <br />Wholesale Customers. <br />4. Revenues earned from the investment of SFPUC funds other than funds <br />contributed by the Wholesale Customers to the Wholesale Revenue Coverage Reserve <br />described in Section 6.06 or the Wholesale Capital Fund described in Section 6.08. Wholesale <br />Customers are also entitled to the benefit of earnings on proceeds of Indebtedness (through