Eesti Energia Interim Report
Eesti Energia Interim Report 1.4.2005 – 31.3.2006 Contents OVERVIEW 3 OPERATING RESULTS 5 INVESTMENTS 6 DEBT 7 SHORT-TERM OUTLOOK 8 DEFINITIONS 9 NOTES 10 FINANCIAL TABLES 11 2 Overview 1.4.2005- 1.4.2004- Change Key financial figures 31.3.2006 31.3.2005 Revenues, € th. 533 549 397 420 136 129 34,3% incl. domestic sales of electricity 315 914 284 310 31 604 11,1% EBITDA, € th. 264 998 148 983 116 015 77,9% EBIT, € th. 165 218 61 365 103 853 169,2% Net Profit, € th. 135 796 42 870 92 926 216,8% Net Fixed Assets, € th.1 1 252 427 1 199 979 52 447 4,4% Equity, € th.1 971 508 840 110 131 397 15,6% Net Debt, € th.1 195 879 268 675 - 72 795 -27,1% CAPEX, € th. 152 722 159 891 - 7 169 -4,5% FFO, € th. 235 848 127 697 108 151 84,7% Debt/(Debt+Equity)1 26,2% 26,9% -0,7% ROIC 14,4% 5,5% 8,9% EBITDA interest cover 8,9 8,1 0,8 FFO/Net Debt1 120,4% 47,5% 72,9% FFO/Interest Expense 7,9 7,0 1,0 FFO/Capex 152,1% 79,9% 72,3% EBITDA margin 49,7% 37,5% 12,2% EBIT margin 31,0% 15,4% 15,5% 1 - balance sheet figures are end of period Eesti Energia’s the most significant event in the FY 2 005/06 was the start of the building process of the Estonian – Finnish subsea cable Nordic Energy Link.
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