Page 30 - Bundle for MF Final

Bates no 029

COBASCO
Sigve Solheim
Provisional Calculation of Losses
CONFIDENTIAL
In contemplation of legal proceed

Table of Contents

BACKGROUND ................................................................................................................ 2
2 KINGSLEY NAPLEY'S CALCULATIONS ................................................................................. 3
2.1 THE REPORT BY ACCESS AVIATION LTD ........................................................................... 3
2.2 MR SOLHEIM'S PERSONAL STATUS ................................................................................... 3
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2.3 AAL'S CALCULATION OF MR SOLHEIM'S BENEFIT PACKAGE .......................................... 4
3 COBASCO'S CALCULATIONS OF FUTURE LOSSES ................................................................ 5
3.1 METHOD OF APPROACH .................................................................................................. 5
3.2 SUGGESTED AMENDMENTS TO KINGSLEY NAPLEY'S CALCULATIONS ............................. 6
3.2.1 PAIN AND SUFFERING ............................................................................................... 6
3.2.2 CONGENIAL EMPLOYMENT ...................................................................................... 6
3.2.3 HOURS OF WORK, FLEXIBILITY AND PERSONAL FREEDOM ..................................... 7
3.2.4 LOSS OF SUBSIDISED FLIGHTS .................................................................................... 7
3.3 OGDEN TABLES ................................................................................................................. 7
3.3.1 APPLICABILITY ........................................................................................................... 7
3.3.2 VALUATION OF THE EASY JET PACKAGE ................................................................... 9
3.3.3 VALUATION OF THE REPLACEMENT PACKAGE ........................................................ 9
3.4 QUANTIFICATION MR SOLHEIM'S PACKAGE ................................................................... 9
3.4.1 SUMMARY ................................................................................................................. 9
3.5 CALCULATION OF THE LUMP SUM ................................................................................. 11
3.6 LOSSES TO AUGUST 2017 ................................................................................................. 11
3.7 SUMMARY FIGURES ......................................................................................................... 12
4 CONCLUSION ................................................................................................................ 12

Appendices
st
A AAL's analysis of payslips, gross pay and losses to 1 August 2017
B Master schedule of all computations
C Analysis of the Ogden Table calculations
D Abbreviated Chronology
E Details of Mr Solheim's private policies and subrogation obligations
F Flow chart of methodology used by Cobasco
G Biography of Michael Comer

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