DOCSLIB.ORG

Notes to the Financial Statements As of 31 December 2014 and 2013 (Currency - Euro)

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Notes to the Financial Statements As of 31 December 2014 and 2013 (Currency - Euro) 2 Annual Report 2014 of the Board of Directors and of the Statutory Auditor to be presented at the Annual General Meeting on 12 th June 2015 Company authorised by Royal Decrees of 20.10.1978 and 07.12.1999 To underwrite “Fire and Natural Hazards”, “Other Property Damage” and “Liability” (Moniteur Belge 14.11.1978 - 29.12.1999 Code 0921) Registered Office: Av. Jules Bordet, 166 - B 4 B 1140 Brussels Belgium Tel: +32 (0)2 702 90 10 Fax: +32 (0)2 705 72 92 3 Financial Highlights in euro years ended December 31 Statement of Earnings 2014 2013 2012 2011 2010 Net premium earned 22.836.670 22.990.326 24.884.212 25.115.821 23.925.468 Claims -2.624.921 1.513.702 -13.900.142 -14.737.044 3.157.056 Expenses -3.414.077 -3.157.549 -2.931.346 -3.005.782 -3.163.109 Other income 15.868 -12.747 9.910 75.803 83.596 Net investment result 6.341.961 -534.805 16.312.444 1.587.603 2.595.356 Earnings before distribution to reserve for equalisation and catastrophes 23.155.502 20.798.927 24.375.078 9.036.401 26.632.007 Variation in the reserve for equalisation and catastrophes, net of reinsurance -16.920.203 -21.389.420 -8.062.631 -7.448.799 -24.036.650 Taxes -308 -283 0 0 0 Earnings after distribution to reserve for equalisation and catastrophes 6.234.991 -590.776 16.312.444 1.587.603 2.595.356 Balance Sheet Assets 253.910.139 239.000.192 235.522.370 205.142.493 187.491.585 Liabilities -32.746.529 -41.000.824 -58.430.953 -52.635.731 -44.527.766 Guarantee fund 221.163.611 197.999.368 177.091.415 152.506.762 142.963.819 (including reserve for equalisation and catastrophes) 4 Contents 6 Members 7 Member Representatives 10 Board of Directors 11 Committees 12 Management 12 Auditors 13 Letter from the Chairman 14 Description of activities 16 Report of the Board of Directors 21 Corporate governance report 23 Statutory auditor’s report 26 Balance Sheet and Income Statement 30 Notes to the Financial Statements 5 Members AB SVAFO GemeenschappeliJke Kernenergiecentrale Nederland BV (GKN) Advanced Nuclear Fuels GmbH Gemeinschaftskernkraftwerk Gröhnde GmbH & Co AREVA NC Gesellschaft für Nuklear-Service mbH (GNS) AREVA NP Inc. Indiana Michigan Power Co. Axpo Power AG Kernkraftwerk Gösgen-Däniken AG Axpo Trading AG Kernkraftwerk Leibstadt AG Belgoprocess NV Kernkraftwerk Lippe-Ems GmbH BKW Energie AG Kernkrafwerk Obrigheim GmbH British Energy Ltd MVM Paks Nuclear Power Plant Ltd Bruce Power Inc. New Brunswick Power Corporation Centrales Nucléaires en Participation SA (CNP) OKG Aktiebolag ČEZ a.s. Ontario Power Generation (OPG) E.ON Kernkraft GmbH Pacific Gas & Electric Company * E.ON Sverige AB Ringhals AB EDF RWE Power AG EnBW Energie Baden Württemberg AG SCK-CEN EnBW Kernkraft GmbH Slovenské Elektrárne AS ENEL * Socatri SARL Energy Future Holdings Corp. Societatea Nationala Nuclearelectrica SA (SNN) EPZ n.v. Studsvik AB Eskom Holdings SOC Ltd Svensk Kärnbränslehantering AB (SKB) Eurodif Production SA Teollisuuden Voima OyJ (TVO) European Commission - CCR - Ispra Site Union Electric Company d/b/a Ameren Missouri European Commission - GCO - Petten Site Urenco Ltd. European Commission - IRMM - Geel Site Vattenfall Europe Nuclear Energy GmbH European Commission - ITE - Karlsruhe Site Westinghouse Electric Company LLC * FBFC Westinghouse Electric UK Holdings * FBFC International SA Zwischenlager Würenlingen AG (Zwilag) Forsmarks Kraftgrupp AB Fortum Power & Heat Oy * Non insured Members 6 Member Representatives Member Representative Substitute Belgium Belgoprocess NV Ph. Lannoy European Commission - IRMM - Geel Site J.P. Michel R. Lennartz FBFC International SA M. Van den Eynde P. Daurès SCK-CEN C. Legrain Canada Bruce Power K. Kelly New Brunswick Power Corporation A. Slipp Ontario Power Generation (OPG) J. Floras Czech Republic ČEZ a.s. V. Hronek J. Ortman Finland Fortum Power & Heat Oy M. Kautonen M. Huopalainen Teollisuuden Voima OyJ L. Noukka L. Piekkari France AREVA NC Ph. Obert J.D. Treillard EDF J.L. Thébault B. Wagner Eurodif Production SA R. Jiménez-Shaw M. Saléra-Cordier FBFC J.D. Treillard P. Daurès Socatri SARL M. Saléra-Cordier R. Jiménez-Shaw Germany Advanced Nuclear Fuels GmbH W. Fehnker A. Stoll EnBW Energie Baden Württemberg AG E. Wissmann C.D. Bölle EnBW Kernkraft GmbH E. Wissmann C.D. Bölle E.ON Kernkraft GmbH D. Prüske S. Kurz European Commission - ITE - Karlsruhe Site J.P. Michel R. Lennartz Gemeinschaftskernkraftwerk Grohnde GmbH & Co D. Prüske S. Kurz Gesellschaft für Nuklear-Service mbH (GNS) H. Näser K. Scheer Kernkraftwerk Lippe-Ems GmbH J. Haaf Kernkraftwerk Obrigheim GmbH E. Wissmann C.D. Bölle RWE Power AG J. Haaf J. Grundmann Vattenfall Europe Nuclear Energy GmbH T. Hallqvist B. Kockum * Non Insured Member 7 Member Representatives Member Representative Substitute Hungary MVM Paks Nuclear Power Plant Ltd C. Szinger N. Sandor Italy European Commission - CCR - ISPRA Site J.P. Michel R. Lennartz ENEL * G. Frea R. Melandri The Netherlands Elektriciteits-ProductiemaatschappiJ Zuid Nederland NV EPZ B.P. Jobse GemeenschappeliJke Kernenergiecentrale Nederland BV (GKN) G.J. Geertsema European Commisson - GCO - Petten Site J.P. Michel R. Lennartz Romania Societatea Nationale Nuclearelectrica SA (SNN) P. Budulan A. Havris Slovak Republic Slovenské Elektrárne AS M. Ivanova Z. Siposova South Africa Eskom Holdings SOC Ltd M. Molelekoa Sweden AB SVAFO S. Ordéus E.ON Sverige AB B. Svensson M. Böös Forsmarks Kraftgrupp AB T. Hallqvist B. Gullefors OKG Aktiebolag R. Danielsson Ringhals AB T. Hallqvist A. Sandberg Studsvik AB T. Samuelsson J. Ericsson Svensk Kärnbränslehantering AB (SKB) A. Ingman B. Sundman * Non Insured Member 8 Member Representatives Member Representative Substitute Switzerland Axpo Power AG T. Erb Axpo Trading AG T. Erb BKW Energie SA U. Schwegler M. Mooser Centrales Nucléaires en Participation SA C. Vésiller W. Denk Kernkraftwerk Gösgen-Däniken AG M. Plaschy W. Denk Kernkraftwerk Leibstadt AG T. Erb Zwilag Zwischenlager Würenlingen AG T. Erb United Kingdom British Energy Ltd A. Russell K. Sinclair Urenco Ltd. I. Mance R. Hermon Westinghouse Electric UK Holdings * M. Sweeney D. Gries USA AREVA NP Inc Ph. Obert L. Harris Energy Future Holdings Corp. R. Moussaid Indiana Michigan Power Co. S. Haynes R. Martin Pacific Gas & Electric Company * A. Suri J. Fleischer Union Electric Company d/b/a Ameren Missouri M. Blair D. Rose Westinghouse Electric Company LLC * M. Sweeney D. Gries * Non Insured Member 9 Board of Directors Berndt Kockum Chairman Alastair Russell Vice-Chairman Urs Bircher Claus-Dieter Bölle Alisdair Currie Executive Committee Matts Ekman External Director Nick Feldman External Director Bram-Paul Jobse Riccardo Melandri Philippe Obert Danny Vanwelkenhuyzen Executive Committee 10 Advisory Committees Underwriting Committee Kathleen Sinclair Chairman Luca Emilio Agrò Ivan Annezer Alisdair Currie Thomas Erb Nick Feldman Veerle Goderis Alexandru Havris Heiner Hefti Berndt Kockum Stefan Kurz Hervé Loisy Robert Moussaïd Laura Noukka Franck Orset Philippe Vandekerckhove Danny Vanwelkenhuyzen Finance and Investment Advisory Committee Matts Ekman Chairman Rafaël Jimenez-Shaw Kevin Kelly Lauri Piekkari Annemie Roefs Alastair Russell Marleen Vercammen Audit Committee Matts Ekman Chairman Bram-Paul Jobse Alastair Russell Internal Auditor Willy Gemis 11 Management Staff Danny Vanwelkenhuyzen Managing Director Ivan Annezer Loss Control Manager Wim Buysse Loss Prevention Manager Alisdair Currie Underwriter & Claims Manager André Detemmerman Senior Underwriter Véronique Durieux Accountant Ann Geivaerts Corporate Organisation & Legal Manager Veerle Goderis Senior Underwriter Heiner Hefti General Manager Swiss Branch Tom Houben Corporate Operations Assistant Cathy Mortelmans PA Managing Director & Board Franck Orset Loss Prevention Engineer Annemie Roefs Asset Manager Philippe Vandekerckhove Senior Risk Manager Marleen Vercammen Financial Manager Rachida Zahmidi Assistant Underwriting Auditors Deloitte Berkenlaan 8b, B-1831 Diegem Represented by: Rik Neckebroeck and Yves Dehoghne Réviseurs d'Entreprise Actuary Nicolaï & Partners Duboisstraat 43, B-2060 Antwerpen Mrs. Veerle Nicolaï 12 Letter from the Chairman Dear Members! Looking back on my term as Chairman, I find especially three observations that I would like to be highlighted as they make EMANI different from the alternatives in the market. First, we have always been eager to serve the Members. The Members´ needs and wishes are paramount, and therefore we give the Members what they want. To be specific: we accept the wording, attachment point and coverage desired. Secondly, we are transparent. All surveyed plants are graded according to a professional engineering grading system available to all Members. Also, all Members may have access to how the underwriting system calculates the contributions. Thirdly, I wish to borrow something from a speech recently made by one of the founding fathers: “Do not forget that EMANI is integrated into your Companies; EMANI is legally and financially part of yourselves." I have the utmost faith that EMANI will prosper, and continue to be an attractive alternative or complement to other insurance providers. To all good membership friends and to all hard-working employees of EMANI: All the best, and Good luck! Berndt Kockum Chairman of the Board 13 Description of activities EMANI is a Mutual insurance Association which offers cover for a wide range of insur- ance risks relating to nuclear power stations and other companies in the nuclear indus- try. At present, EMANI covers in excess of 100 nuclear sites for it’s Members in Belgium, Canada, Czech Republic, Finland, France, Germany, Hungary, Italy, Romania,The Netherlands, Slovak Republic, South-Africa, Sweden, Switzerland, United Kingdom and USA. The capacity provided by EMANI is independent of that provided by the various nuclear pools. The main benefits to Members of EMANI include : • Additional or alternative insurance capacity for material damage, business interruption, machinery breakdown, terror and erection all risk covers. • Potential for contribution savings. Potential for distribution of guarantee fund. • Loss prevention and engineering evaluations. • Information exchange and data centre for nuclear insurance matters.
Load more

Recommended publications
  • 8 Wind Power (Onshore and Offshore)
    Potentials, costs and environmental assessment of electricity generation technologies 8 Wind power (onshore and offshore) Karin Treyer (Laboratory for Energy Systems Analysis, PSI) 8.1 Introduction and definitions Wind energy is the renewable energy source with the highest increase in installed capacity worldwide in the last years. The total capacity by the end of 2015 amounted to 435 GW, out of it 12 GW offshore (GWEC 2015, WWEA 2016). This covered about 3-5% of the world’s electricity needs.154 Wind power is supposed to have a huge potential in the electricity supply in many countries, and is supported by manifold governmental incentives. Windmills have been making use of the kinetic energy of wind for centuries now. Starting with pumping water or grinding grain, these mills have developed in the late nineteenth century to produce electricity (Burton, Jenkins et al. 2011). The first wind turbines showed capacities of 5 to 10 kW, developing to a 1 MW turbine in 1941 in Vermont, US.155 The 1980ties came along with intensive research in the wind sector due to increased oil prices, which led to wind turbines of about 4 MW capacity. The latest wind turbines demonstrate capacities of up to 8 MW on- and offshore. 156 The first offshore wind farm was commissioned in 1991 with a total capacity of 5 MW (Burton, Jenkins et al. 2011). In 2015, the largest offshore wind parks are located in the United Kingdom with installed capacities of 500 to 630 MW.157 In the following some definitions are given. The harvest of electrical energy with a wind turbine is possible due to rotation of blades using kinetic energy from moving air.
    [Show full text]
  • Attending Utilities, Grid Operators, Retailers, Traders and Power Generators
    ATTENDING UTILITIES, GRID OPERATORS, RETAILERS, TRADERS AND POWER GENERATORS A2A Energia S.p.A. (Italy) Aalborg Forsyning (Denmark) Adriaplin d.o.o. (Slovenia) AEMO (Australia) Affärsverken Elnät AB (Sweden) Affärsverken Elnät Karlskrona AB (Sweden) Agder Energi AS (Norway) Akdeniz Electricity Distribution Company (Turkey) Akdenizedaş (Turkey) Akmercan Gas Distribution C.O (Turkey) Aksa Electricity Distiribution (Turkey) Aksa Firat Electricity Distiribution (Turkey) Aksa Natural Gas (Turkey) Albanian Power Corporation (Albania) Allgäuer Überlandwerk (Germany) Alliander N.V. (Netherlands) Alperia Energy (Italy) Alpiq AG (Switzerland) Alpiq Blue Energy AG (Switzerland) Alpiq Deutschland GmbH (Germany) Anglian Water Services (United Kingdom) AO Mosoblgaz (Russian Federation) AOSB (Turkey) ARAS (Turkey) Arenya Energy (Turkey) Arsan Natural Gas Distribution Co. (Turkey) AS "Latvenergo" (Latvia) AS Sadales tikls (Latvia) ASM Terni SPA (Italy) Augstsprieguma Tikls (Latvia) Austrian Power Grid (Austria) Avacon Netz GmbH (Germany) aWATTar GmbH (Austria) Axpo Power AG (Switzerland) Axpo Solutions AG (Switzerland) AZERIŞIQ (Azerbaijan) Başkentgaz (Turkey) BASKİ (Turkey) Bayerngas Energy GmbH (Austria) BEOGAS a.d. (Serbia) Beogas Inzenjering doo (Serbia) BKK Nett AS (Norway) BKW Energie AG (Switzerland) Bogazici Elektrik Dagitim A.S (BEDAŞ) (Turkey) Bordeaux Métropole Energies (France) Brilliant Energy (United Kingdom) Bursagaz (Turkey) Butec Utility Services (Lebanon) Bratislavská vodárenská spoločnosť, a. s. (BVS) (Slovakia) Caruna (Finland) Çedaş
    [Show full text]
  • FEL 2019 Booklet
    FEL 2019 Booklet 1 2 Participants ___________________________________________________________________ 3 4 All Participants Ulrike Hinz Strategy Development Manager 50Hertz Transmission GmbH Germany Meriem Bellizim Senior Manager - Business ACWA Power Algeria Development, Business Development Department Ilona Valimaa Environmental Expert ÅF Finland Eduardo Cisneros Business Development Manager Aggreko Peru Peru & Bolivia Alena Fargere Economist, Strategy & Marketing Air Liquide France team, Hydrogen Energy World Business Unit Umesh Bhutoria Chief Operating Officer Algo EnergyTech Ventures India Private Limited Olga Bogdanova Supervisory Board Member AS Augstsprieguma tīkls Latvia Yuri Cavero Zonal Coordinator - Learning Barefoot College Peru Communities Project Arwa Guesmi Energy Innovation Fellow CleanChoice Energy Tunisia David Munoz CEO Diurna Energy, Inc. Mexico Andrade Aaesha Alnuaimi senior researcher Dubai Electricity and Water United Arab Emirates Authority James Carton Principal Investigator Dublin City University Ireland Adeola Adebiyi Programme Officer ECOWAS Centre for Renewable Cape Verde Energy and Energy Efficiency Pedro Ernesto Eletrical Enginner EDP Portugal Ferreira Nuno Silva Technology and Innovation EFACEC Energy Portugal Director 5 Mihai Toader-Pasti Cofounder & General Manager EFdeN, energiaTa Romania Salwa El- Senior Performance Evaluation and Egyptian Electricity Holding Egypt (Arab Rep.) Samanoudy Power Projects Follow up Engineer Company Felix Khembo Senior Economist Electricity Generation Company Malawi Malawi
    [Show full text]
  • Nuclear Power Reactors in the World IAEA-RDS-2/41
    REFERENCE DATA SERIES No. 2 REFERENCE DATA REFERENCE DATA SERIES No. 2 2021 Edition Nuclear Power Reactors in the World 2021 Edition INTERNATIONAL ATOMIC ENERGY AGENCY VIENNA @ 21-01812E NUCLEAR POWER REACTORS IN THE WORLD REFERENCE DATA SERIES No. 2 NUCLEAR POWER REACTORS IN THE WORLD 2021 Edition INTERNATIONAL ATOMIC ENERGY AGENCY VIENNA, 2021 EDITORIAL NOTE This publication has been prepared from the original material as submitted by the contributors and has not been edited by the editorial staff of the IAEA. The views expressed remain the responsibility of the contributors and do not necessarily represent the views of the IAEA or its Member States. Neither the IAEA nor its Member States assume any responsibility for consequences which may arise from the use of this publication. This publication does not address questions of responsibility, legal or otherwise, for acts or omissions on the part of any person. The use of particular designations of countries or territories does not imply any judgement by the publisher, the IAEA, as to the legal status of such countries or territories, of their authorities and institutions or of the delimitation of their boundaries. The mention of names of specific companies or products (whether or not indicated as registered) does not imply any intention to infringe proprietary rights, nor should it be construed as an endorsement or recommendation on the part of the IAEA. The IAEA has no responsibility for the persistence or accuracy of URLs for external or third party Internet web sites referred to in this publication and does not guarantee that any content on such web sites is, or will remain, accurate or appropriate.
    [Show full text]
  • BKW Group Annual Report 2012 the BKW Group Is One of Switzerland’S Largest Energy Companies
    BKW Group Annual Report 2012 The BKW Group is one of Switzerland’s largest energy companies. It employs more than 3,000 people and covers all stages of energy supply: from production and transmission to trading and distribution. Directly and indirectly via its distri- bution partners, BKW supplies power to more than a million people. The BKW production portfolio incorporates hydroelectric and nuclear power plants, gas-fired combined-cycle power plants and renewable energy facilities in Switzer- land and other parts of Europe. Sales activities in Switzerland and Italy Sales Production Trade Customers Networks Own power plants Management and Transmission and power plant trading in production and distribution shareholdings and network capacities as well as trading in CO2 certificates Facts & Figures 2012 BKW Group Total operating revenue Net profit/loss Number of employees CHF millions CHF millions Full-time equivalents 2008: 3,496.2 2008: 138.7 2008: 2,781 2009: 3,592.6 2009: 298.5 2009: 2,862 2010: 2,788.1 2010: 228.3 2010: 2,862 2011: 2,632.8 2011: – 66.2 2011: 2,880 2012: 2,860.4 2012: 134.6 2012: 3,037 Electricity business GWh 2012 2011 2010 2009 2008 restated Sales Electricity sales Switzerland 7,465 8,186 8,153 8,075 7,978 Electricity sales International 1,696 1,630 1,838 5,768 5,201 Electricity trading 10,384 10,332 11,838 12,638 11,882 Pump/substitution energy 260 295 331 509 536 Transmission losses/own consumption 199 202 236 265 372 Direct sales from financial interests 36 76 111 55 0 Total 20,040 20,721 22,507 27,310 25,969 Generation and purchases (incl.
    [Show full text]
  • 4 CONNEX on the Transformer: Calculating with Vision
    PFISTERER Customer Magazine Issue 1 2018 4 CONNEX on the transformer: 12 Made in Dubai: Converter station Calculating with vision for North Sea wind farm www.pfisterer.com Legal Notice 4 Calculating with vision: Publisher PFISTERER Holding AG Considering the life-cycle Rosenstrasse 44 73650 Winterbach costs of transformer Germany Tel: +49 7181 7005 0 connections Fax: +49 7181 7005 565 [email protected] www.pfisterer.com 10 News: Innovative solutions Editorial Team PFISTERER Kontaktsysteme GmbH from the energy supply Rosenstrasse 44, 73650 Winterbach industry Helmut Burgener, Natalie Fischer, Eduardo Santana, Katrin Brecht, Thorsten Ludwig, Hans-Ulrich Lengler, István Kovács, Werner Medwed, 12 From Dubai to the North Sea: Frank Straßner Building a converter platform Text Concept and Text Editor Karolina Kos in the Persian Gulf www.xyzeiler.de Sympra GmbH Agency for Public Relations 16 Clearing up after Hurricane Stuttgart Harvey: SICON restores Art Direction BERNETBRANDS power to Houston BERNET COMMUNICATION GmbH Stuttgart © Copyright by PFISTERER 18 Taking the train to Budapest: Kontaktsysteme GmbH TENSOREX keeps catenary wires correctly tensioned PFISTERER Customer Magazine Issue 1 2018 2 CONNECT 2018 Editorial Dear Readers, These are exciting times for the PFISTERER group, and as Chairman of the Executive Board, I am pleased to play a part in shaping them. For nearly 100 years, the PFISTERER name has stood for innovation and reli- Martin Billhardt ability in energy transmission and distribution. That is how it will remain in the future. Developing new markets, for example in the United States, along with a strong role for PFISTERER in the offshore wind sector, are just two future projects that are particularly close to my heart.
    [Show full text]
  • BKW Group Annual Report 2011 the BKW Group Is One of Switzerland’S Largest Energy Companies
    BKW Group Annual Report 2011 The BKW Group is one of Switzerland’s largest energy companies. It employs more than 2,800 people and covers all stages of energy supply: from production and transmission to trading and distribution. Directly and indirectly via its distribu tion partners, BKW supplies power to more than a million people. BKW’s production port- folio covers hydro electric power plants, a nuclear power plant, a gas-fired combined-cycle power plant and new renewable energy facilities. Sales activities in Switzerland and Italy Sales Production Trade Customers Networks Own power plants Management and Transmission and power plant trading in production and distribution shareholdings and network capacities as well as trading in CO2 certificates Facts & Figures 2011 BKW Group Total operating revenue Net loss/profit Number of employees CHF millions CHF millions Full-time equivalents 2007: 2,813.9 2007: 226.9 2007: 2,615 2008: 3,496.2 2008: 138.7 2008: 2,781 2009: 3,592.6 2009: 298.5 2009: 2,862 2010: 2,788.1 2010: 228.3 2010: 2,862 2011: 2,632.8 2011: – 66.2 2011: 2,880 Electricity business GWh 2011 2010 2009 2008 2007 restated Sales Electricity sales Switzerland 8,186 8,153 8,075 7,978 7,760 Electricity sales International 1,630 1,838 5,768 5,201 4,835 Electricity trading 10,332 11,838 12,638 11,882 10,842 Pump/substitution energy 295 331 509 536 465 Transmission losses/own consumption 202 236 265 372 317 Direct sales from financial interests 76 111 55 0 0 Total 20,721 22,507 27,310 25,969 24,219 Generation and purchases (incl.
    [Show full text]
  • Annual Report 2014
    2014 Annual Report E.ON 2014 AnnualReport E.ON Group Financial Highlights1 Financial Calendar € in millions 2014 2013 +/- % Attributable generating capacity (MW) 58,871 61,090 -4 – thereof renewables (MW) 10,472 10,885 -4 Fully consolidated generating capacity (MW) 60,151 62,809 -4 – thereof renewables (MW) 9,768 10,414 -6 May 7, 2015 2015 Annual Shareholders Meeting Owned generation (billion kWh) 215.2 245.2 -12 May 7, 2015 Interim Report: January – March 2015 – thereof renewables (billion kWh) 29.3 30.8 -5 Carbon emissions from power and heat production (million metric tons) 95.7 114.3 -16 August 12, 2015 Interim Report: January – June 2015 Specific carbon emissions (million metric tons/MWh) 0.43 0.45 -4 Electricity sales (billion kWh) 735.9 696.9 +6 November 11, 2015 Interim Report: January – September 2015 Gas sales (billion kWh) 1,161.0 1,219.3 -5 Sales 111,556 119,688 -7 EBITDA2 8,337 9,191 -9 March 9, 2016 Release of the 2015 Annual Report EBIT2 4,664 5,624 -17 May 11, 2016 Interim Report: January – March 2016 Net loss/Net income -3,130 2,459 – Net loss/Net income attributable to shareholders of E.ON SE -3,160 2,091 – June 8, 2016 2016 Annual Shareholders Meeting Underlying net income2 1,612 2,126 -24 Investments 4,633 7,992 -42 August 10, 2016 Interim Report: January – June 2016 Expenditures on technology and innovation (including software) 30 42 -29 November 9, 2016 Interim Report: January – September 2016 Cash provided by operating activities of continuing operations 6,253 6,260 – Economic net debt (at year-end) 33,394 32,218
    [Show full text]
  • Elecnuc 2015
    ELECNUC Les centrales nucléaires dans le monde Nuclear power plants in the world édition 2015 Commissariat à l’énergie atomique et aux énergies alternatives Institut de technico-économie des systèmes énergétiques Direction de l’énergie nucléaire Bâtiment 125 - 91191 Gif sur Yvette ISSN - 1280-9039 Imprimé sur papier ECF COMMISSARIAT À L’ÉNERGIE ATOMIQUE ET AUX ÉNERGIES ALTERNATIVES ELECNUC LES CENTRALES NUCLÉAIRES DANS LE MONDE Nuclear power plants in the world ÉDITION 2015 SITUATION AU 31-12-2014 Status on 12-31-2014 Document établi à partir de la base de données PRIS de l’AIEA et des études internes de l’I-tésé Draft using the IAEA’s PRIS database and specifi c I-tésé studies Elecnuc est disponible en PDF sur le site www.cea.fr Elecnuc - Edition 2015 - CEA 1 Les faits marquants de 2014 La situation au Japon n’a pas signifi cativement évolué depuis 2013 : tous ses réacteurs nucléaires sont à l’arrêt et font l’objet de travaux destinés à améliorer leur sûreté. Plusieurs réacteurs sont cependant engagés dans le processus réglementaire nécessaire à leur redémarrage, les premiers étant attendus en 2015. Peu de mises en chantier ont été relevées (poursuite des programmes engagés aux Emirats Arabes Unis et en Biélorussie), mais le chantier de CAREM25 en Argentine est à signaler puisqu’il s’agit du premier réacteur modulaire (SMR : Small Modular Reactor) en construction. Le nombre de chantiers en cours reste signifi catif avec plus de 60 constructions. Bilan sur la capacité mondiale installée La mise en service commercial de 7 réacteurs en Chine et 1 en Inde, tous des REP, enraye la baisse de capacité qui avait été constatée depuis 2011.
    [Show full text]
  • Annual Report 2017 of the Board of Directors and of the Statutory Auditor to Be Presented at the Annual General Meeting on 26Th April 2018
    2 Annual Report 2017 of the Board of Directors and of the Statutory Auditor to be presented at the Annual General Meeting on 26th April 2018 Insurance company authorised by decision of the Management Committee NBB (formerly CBFA) on the 6th November 2003. to underwrite “Liability” (branch 13) (Moniteur Belge 04.12.2003 - Code 2275) Registered Office: Av. Jules Bordet, 166 - B 3 B 1140 Brussels Belgium Tel. +32 (0)2 702 90 10 Fax. +32 (0)2 726 19 63 3 Financial Highlights In euro Statement of Earnings 2017 2016 2015 2014 2013 Net premium earned 6.476.981 6.132.484 4.995.260 4.921.570 3.144.445 Claims 82.562 0 16.871 -195.549 2 Expenses -1.732.726 -1.817.647 -1.741.989 -1.452.231 -1.167.688 Other income 268.093 310.013 152.405 197.802 150.174 Net investment result -110.001 3.195.613 9.461 961.173 1.535 Earnings before distribution to reserve for equalisation and catastrophes 4.984.909 7.820.463 3.432.008 4.432.764 2.128.468 Variation in the reserve for equalisation and catastrophes, net of reinsurance -5.169.436 -5.642.010 -3.457.960 -3.776.172 -2.169.630 Taxes -18 -343 -348 -21 -284 Earnings after distribution to reserve for equalisation and catastrophes -184.546 2.178.110 -26.300 656.570 -41.446 Balance Sheet Assets 102.277.362 93.374.321 78.016.247 76.363.388 71.742.994 Liabilities -1.121.362 -1.739.075 -1.475.830 -3.265.344 -2.983.181 Guarantee fund 101.155.999 91.635.246 76.540.417 73.098.044 68.759.813 (including reserve for equalisation and catastrophes) 4 C o n t e n t 6 Members 7.
    [Show full text]
  • 2015 Annual Report
    2015 Annual Report E.ON Group Financial Highlights1 € in millions 2015 2014 +/- % Attributable generating capacity (MW) 45,335 58,871 -23 – thereof renewables (MW) 8,428 10,474 -20 Fully consolidated generating capacity (MW) 46,479 60,151 -23 – thereof renewables (MW) 7,889 9,703 -19 Owned generation (billion kWh) 188.5 215.2 -12 – thereof renewables (billion kWh) 26.1 27.2 -4 Carbon emissions from power and heat production (million metric tons) 76.8 95.7 -20 Specific carbon emissions (million metric tons/MWh) 0.40 0.43 -7 Electricity sales (billion kWh) 780.9 780.2 – Gas sales (billion kWh) 1,721.8 1,171.0 +47 Sales 116,218 113,095 +3 EBITDA2 7,557 8,376 -10 EBIT2 4,369 4,695 -7 Net income/Net loss -6,377 -3,130 -104 Net income/Net loss attributable to shareholders of E.ON SE -6,999 -3,160 -121 Underlying net income2 1,648 1,646 – Investments 4,174 4,637 -10 Research and development costs 34 30 +13 Cash provided by operating activities of continuing operations 6,133 6,354 -3 Economic net debt (at year-end) 27,714 33,394 -17 Debt factor4 3.7 4.0 -0.33 Equity 19,077 26,713 -29 Total assets 113,693 125,690 -10 ROACE (%) 9.4 8.6 +0.85 Pretax cost of capital (%) 6.7 7.4 -0.75 After-tax cost of capital (%) 4.9 5.4 -0.55 Value added 1,251 640 +95 Employees (at year-end) 56,490 58,811 -4 – Percentage of female employees 29.9 28.9 +1.05 – Percentage of female executives and senior managers 16.7 15.8 +0.95 – Average turnover rate (%) 3.7 3.3 +0.45 – Average age 42 43 -13 – TRIF (E.ON employees) 2.0 2.0 – Earnings per share6, 7 (€) -3.60 -1.64 -120 Equity per share6, 7 (€) 8.42 12.72 -34 Dividend per share8 (€) 0.50 0.50 – Dividend payout 976 966 +1 Market capitalization7 (€ in billions) 17.4 27.4 -36 1Adjusted for discontinued operations.
    [Show full text]
  • Statutory Auditor's Report to the Shareholders' Meeting Of
    2 Annual Report 2016 of the Board of Directors and of the Statutory Auditor to be presented at the Annual General Meeting on 27th April 2017 Insurance company authorised by decision of the Management Committee NBB (formerly CBFA) on the 6th November 2003. to underwrite “Liability” (branch 13) (Moniteur Belge 04.12.2003 - Code 2275) Registered Office: Av. Jules Bordet, 166 - B 3 B 1140 Brussels Belgium Tel. +32 (0)2 702 90 10 Fax. +32 (0)2 726 19 63 3 Financial Highlights In euro Statement of Earnings 2016 2015 2014 2013 2012 Net premium earned 6.132.484 4.995.260 4.921.570 3.144.445 2.783.412 Claims 0 16.871 -195.549 2 -38.637 Expenses -1.817.647 -1.741.989 -1.452.231 -1.167.688 -1.066.659 Other income 310.013 152.405 197.802 150.174 155.166 Net investment result 3.195.613 9.461 961.173 1.535 2.224.312 Earnings before distribution to reserve for equalisation and catastrophes 7.820.463 3.432.008 4.432.764 2.128.468 4.057.594 Variation in the reserve for equalisation and catastrophes, net of reinsurance -5.642.010 -3.457.960 -3.776.172 -2.169.630 -2.286.598 Taxes -343 -348 -21 -284 0 Earnings after distribution to reserve for equalisation and catastrophes 2.178.110 -26.300 656.570 -41.446 1.770.996 Balance Sheet Assets 93.374.321 78.016.247 76.363.388 71.742.994 50.835.317 Liabilities -1.739.075 -1.475.830 -3.265.344 -2.983.181 -1.110.006 Guarantee fund 91.635.246 76.540.417 73.098.044 68.759.813 49.725.311 (including reserve for equalisation and catastrophes) 4 C o n t e n t 6 Members 7 Member Representatives & Status 10 Board of Directors 11 Advisory Committees 13 Management 14 Letter from the Chairman 15 Description of Activities 18 Report of the Board of Directors 22 Corporate Governance Report 24 Statutory Auditor’s Report 26 Balance Sheet and Income Statement 30 Notes to the Financial Statements 5 Members AB SVAFO MVM PAKS Nuclear Power Plant Ltd.
    [Show full text]