Innovation and Responsibility
Total Page：16
File Type：pdf, Size：1020Kb
Innovation and Responsibility 2015 Annual Report Wiener Stadtwerke again enjoyed commercial success in 2015, achieving positive EBT of Wiener Stadtwerke safeguards the supply of energy to € million 2,000,000 people 30.5 22 citizen solar power plants already existed in the Greater Vienna metropolitan area in 2015 Employees Turning 1 excluding trainees 15,700 954.2 million into 4 One job at Wiener Stadtwerke passengers were transported by Wiener Linien 64,300 jobs in total secures three additional jobs. and Wiener Lokalbahnen in 2015 64,300 employees in total. 13,600 jobs from investment in infrastructure 35,000 people employed by suppliers € 711.6 million was invested by Wiener Stadtwerke in 2015 million in expanding the underground network, modernising the € 2,940.3 fl eet of vehicles, in electricity, gas and heating networks as well as in the increased use of renewable energies. of turnover was generated by the Wiener Stadtwerke Group in the € billion 2015 business year 3.5 will be invested by Wiener Stadtwerke in Caption: tangible assets between 2016 and 2020 underground, tram, bus, electricity, gas, and heating – the lifeblood of the city from a 16,100 single source. employees of Wiener Stadtwerke ensure that Vienna’s infrastructure runs smoothly 700,000 people travelled with a Wiener Linien Annual season ticket 400 annual season ticket in 2015 apprentices and trainees are being = approx. 1,000 employees trained in 15 different professions at Wiener Stadtwerke Annual season ticket Key performance indicators Financial KPIs Key performance indicators in EUR million Passenger numbers (in millions) 2015 2014 +/– +/– % 2015 2014 +/– +/– % Consolidated turnover 2,940.3 2,904.8 35.5 1.2 Wiener Linien 939.1 931.2 7.9 0.8 Turnover – Energy segment 2,297.4 2,271.6 25.8 1.1 Wiener Lokalbahnen 15.1 14.6 0.5 3.4 Turnover – Wiener Linien 503.1 494.8 8.3 1.7 Total number of passengers 954.2 945.8 8.4 0.9 Turnover – WLB segment 89.9 91.3 – 1.4 – 1.6 Turnover – Funerals & cemeteries segment 70.1 70.0 0.1 0.2 Parking spaces Turnover – Car parks segment 21.0 17.8 3.2 17.9 2015 2014 +/– +/– % Group EBT 30.5 20.1 10.4 51.7 Owned & leased 12,852 12,346 506 4.1 Consolidated balance sheet total 13,936.4 13,607.0 329.4 2.4 Operational management 7,212 6,892 320 4.6 Equity ratio (%) 35.6 35.2 0.4 1.1 Total number of parking spaces 20,064 19,238 826 4.3 Total investment 912.5 870.5 42.0 4.8 of which in tangible assets 689.0 791.8 – 102.8 – 13.0 Funeral services CAPEX ratio (%) 24.2 28.2 – 4.0 – 14.2 2015 2014 +/– +/– % Funeral services 12,959 13,393 – 434 – 3.2 Differences as a result of rounding fi gures have not been eliminated Key performance indicators Production in GWh (including investments) 2015 2014 +/– +/– % Average headcount Electricity 5,011.3 4,349.9 661.4 15.2 Consolidated average headcount in FTEs Heat 4,981.9 4,855.0 126.9 2.6 2015 2014 +/– +/– % Total production 9,993.2 9,204.9 788.3 8.6 Energy 5,395.4 5,473.9 – 79 – 1.4 Transport 9,088.2 9,018.6 70 0.8 Network throughput in GWh Funerals and cemeteries 745.4 765.1 – 20 – 2.6 2015 2014 +/– +/– % Parking facility management 65.2 64.7 1 0.8 Electricity 11,027.6 10,922.0 105.6 1.0 Other areas 412.8 402.6 10 2.5 Natural gas 18,678.7 16,909.6 1,769.1 10.5 Apprentices / trainees 390.2 389.2 1 0.3 Heat 6,205.1 5,682.5 522.5 9.2 Total Wiener Stadtwerke Group 16,097.1 16,114.0 – 17 – 0.1 Total throughput 35,911.3 33,514.1 2,397.2 7.2 Differences as a result of rounding fi gures have not been eliminated Sales in GWh (fully and proportionately consolidated subsidiaries) 2015 2014 +/– +/– % Electricity 9,444.0 9,349.4 94.6 1.0 Natural gas 6,632.8 6,440.8 192.0 3.0 Heat 5,681.0 5,238.0 443.0 8.5 Total sales 21,757.8 21,028.1 729.7 3.5 Differences as a result of rounding fi gures have not been eliminated 2015 ANNUAL REPORT Table of contents FOREWORD ––––––––––––––––––––––– 06 ABOUT US ––––––––––––––––––––––––– 08 Wiener Stadtwerke ––––––––––––––––––––––––––– 08 Essential public services ––––––––––––––––––––––– 32 Innovations ––––––––––––––––––––––––––––––––– 18 Mobility –––––––––––––––––––––––––––––––––––– 34 International –––––––––––––––––––––––––––––––– 22 Energy ––––––––––––––––––––––––––––––––––––– 40 Capital investments –––––––––––––––––––––––––– 26 01 02 03 04 CONSOLIDATED CONSOLIDATED NOTES TO THE CONSOLIDATED AUDITOR'S REPORT –––––––––––––––– 116 MANAGEMENT REPORT –––––––––––– 46 FINANCIAL STATEMENTS ––––––––––– 86 FINANCIAL STATEMENTS ––––––––––– 92 1.1 Operations –––––––––––––––––––––––––––– 47 2.1 Consolidated Balance Sheet ––––––––––––– 87 3.1 General information ––––––––––––––––––– 93 1.2 Legal environment ––––––––––––––––––––– 47 2.2 Consolidated Profi t and Loss Account –––– 88 3.2 Corporate profi le –––––––––––––––––––––– 93 1.3 Economic environment ––––––––––––––––– 49 2.3 Consolidated Cash Flow Statement –––––– 89 3.3 Accounting and valuation principles ––––––– 94 05 1.4 Corporate strategy ––––––––––––––––––––– 49 2.4 Consolidated Statement 3.4 Scope of consolidation ––––––––––––––––– 98 of Changes in Equity ––––––––––––––––––– 89 1.5 Turnover and earnings position –––––––––– 50 3.5 Consolidation principles –––––––––––––––– 99 OVERVIEW OF SCOPE 2.5 Consolidated Schedule of Fixed Assets ––– 90 –––––––––––––– 118 1.6 Asset and capital structure –––––––––––––– 53 3.6 Notes to the Consolidated Balance Sheet 100 OF CONSOLIDATION 1.7 Segment report –––––––––––––––––––––––– 56 3.7 Notes to the Consolidated Profi t and Loss Account ––––––––––––––––– 107 1.8 Employees –––––––––––––––––––––––––––– 72 3.8 Other information –––––––––––––––––––––– 115 1.9 Environment –––––––––––––––––––––––––– 74 1.10 Research and development –––––––––––––– 78 06 1.11 Internal control and risk management system –––––––––––––––– 79 GLOSSARY –––––––––––––––––––––––– 122 1.12 Outlook –––––––––––––––––––––––––––––– 81 1.13 Events after the balance sheet date –––––– 85 Imprint ––––––––––––––––––––––––––––––––––––– 126 Foreword 7 from left to right: Ulli Sima Erich Hechtner Peter Weinelt, Martin Krajcsir, Gabriele Domschitz, Robert Grüneis City Councillor for Environment Chairman of the Supervisory Board and Wiener Stadtwerke of Wiener Stadtwerke I have had responsibility within Vienna's regional govern- The Wiener Stadtwerke Group is not only the most impor- FOREWORD BY THE ment for Wiener Stadtwerke since 2015. I am therefore tant municipal infrastructure service provider in Austria very pleased to be able to shape a truly ‘essential public but also a ‘smart’ economic driving force in Vienna. The MANAGEMENT BOARD services department.’ Key areas such as the supply of Group again demonstrated this in the past business year. drinking water, waste disposal, wastewater treatment, With a stable turnover of approximately three billion Wiener Stadtwerke makes a decisive contribution to the Stadtwerke. The expansion of infrastructure in the city, the supply of energy and public transport have now been euro in 2015, Wiener Stadtwerke showed how to emerge high quality of life in Vienna by providing infrastructure from the extension of the underground network to the brought together under one roof. This will therefore stronger from economically diffi cult times. This is primarily services which are recognised well beyond the region. upgrading and maintenance of energy infrastructure, is enable us to make better use of synergies to the benefi t thanks to the Group’s 16,100 dedicated and well-trained As Austria’s largest infrastructure provider and one of the also based on this concept of social responsibility. of both Vienna’s population and the environment. This employees, who work every day to operate, maintain country’s most important employers, our Company has is very important in consideration of the fact that the and modernise Vienna’s infrastructure. This way, every a particularly central role to play. 16,100 people are em- Wiener Stadtwerke searches for answers to the question city is growing. It is also clear that these areas of essen- individual contributes to the quality of life in Vienna that ployed in our Group, contributing six percent to Vienna’s of what a forward-looking, environmentally-friendly city tial municipal public services need to be kept in public has been recognised as being number one in the world economic performance and fi ve percent to Vienna’s em- should look like in which a high quality of life continues ownership and not privatised – a fact that also ties in with on several occasions. ployment market. Wiener Stadtwerke invested over EUR to be guaranteed. The key is to provide the best infra- the wishes of Vienna’s population. 700 million in the lifeblood of Vienna during the period structure to everyone without having to compromise on Wiener Stadtwerke thinks in terms of Vienna’s future and under review. The responsibility of Wiener Stadtwerke for convenience. To this end, new approaches and partner- Vienna is a beautiful city with a quality of life that is among continues to see itself as a dynamic factor in the develop- ensuring the economic workings of the city is extremely ships are needed in the areas of research, technology and the highest in the world. Wiener Stadtwerke is one of ment of Vienna to become a ‘smart city’, particularly with high and the employees of the Company are working innovation. Put another way: Today we are already working the main contributors to this high quality of life. This top regard to energy and transportation, as two key elements hard to fulfi l this responsibility. to create the smart city of the coming years and decades. spot in comparison with other cities is due not least to of the smart city concept, belonging to the core compe- Wiener Stadtwerke’s uninterrupted investment in Vienna’s tencies of the Group.