DOCSLIB.ORG

E.ON 2000 Annual Report

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
E.ON 2000 Annual Report Financial Calendar Provisional 2000 Annual Report E.ON 2000 May 18, 2001 Interim Report: January–March 2001 E.ON Group financial highlights May 18, 2001 2001 Annual Shareholders’ Meeting in millions (pro forma)1 1999 2000 +/– % Sales 69,754 93,240 +34 May 21, 2001 Dividend Payment Income August 16, 2001 Interim Report: January–June 2001 Pretax income 5,048 6,802 +35 Net income 3,095 4,184 +35 November 15, 2001 Interim Report: January–September 2001 After minority interests 2,839 3,678 +30 Internal operating profit 2,748 2,762 +1 March 21, 2002 Annual Press Conference, Annual Analyst Conference Return on equity after taxes2 in percent 11.2 13.5 +2.33 May 28, 2002 Annual Shareholders’ Meeting Investments 11,045 14,961 +35 Cash flow from operations 4,866 3,889 –20 Stockholders’ equity 26,293 28,033 +7 Total assets 94,628 106,215 +12 Employees at year-end 203,733 186,788 –8 Per share in (pro forma) Earnings 3.90 5.07 +30 Cash dividend 1.25 1.35 +8 Dividend including tax credit 1.79 1.93 +8 Stockholders’ equity4 36.09 38.61 +7 Cash flow from operations 6.68 5.36 –20 1Pro-forma figures for 1999 and 2000 are shown in accordance with U.S. GAAP and depict the E.ON Group as if the VEBA-VIAG merger had been consummated as of January 1, 1999. 2Net income (excluding minority interests) ÷ annual average stockholders’ equity (excluding minority interests). 3Change in percentage points. 2000 Annual Report 4Excluding minority interests. E.ON Group by Division 2000 Tele- Real communi- Other Holding/ For more information in millions (pro forma) Electricity Oil Chemicals Estate cations Activities Other Total about E.ON, contact: Sales 13,350 28,780 20,267 1,324 383 25,733 3,403 93,240 Internal operating profit 1,725 310 672 212 –546 620 –231 2,762 Corporate Communications Cash flow from E.ON AG operations 1,037 918 501 5 –761 617 1,572 3,889 Bennigsenplatz 1 Investments 3,766 1,723 1,868 484 5,135 1,317 668 14,961 40474 Düsseldorf Employees at year-end 34,406 8,593 62,110 5,567 1,409 74,044 659 186,788 Germany T +49 (211) 4579-367 F +49 (211) 4579-532 [email protected] www.eon.com Only the German version of this Annual Report is legally binding. This Annual Report contains certain forward-looking statements that are subject to risk and uncertainties. For information identifying economic, currency, regulatory, technological, competitive, and some other important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements, you should refer to E.ON’s filings to the Securities and Exchange Commission (Washington, DC), as updated from time to time, in particular to the discussion included in the section of E.ON’s 2000 Annual Report on Form 20-F entitled ”Item 3. Key Information: Risk Factors.“ E.ON AG: an overview Energy Chemicals Other Activities E.ON Energie AG VEBA Oel AG Degussa AG Munich Gelsenkirchen Düsseldorf Capital: 639 million 100% Capital: DM488 million 100% Capital: 206 million 64.6% Energy. E.ON AG’s energy companies supply Germany E.ON Kraftwerke GmbH OBAG AG VEBA Oil & Gas GmbH dmc2 Degussa Metals Catalysts Viterra AG and Europe with electricity, district heating, natural Hanover Regensburg Essen Cerdec AG. Hanau Essen gas, water, and petroleum products. Capital: 103 million 100% Capital: 94 million 97.6% Capital: 356 million 100% Capital: DM50 million 100% Capital: 182 million 100% E.ON Energie AG was forged by the tie-up of VEBA Oil Refining & Stinnes AG PreussenElektra and Bayernwerk. Via subsidiaries and E.ON Kernkraft GmbH Pesag Aktiengesellschaft Petrochemicals GmbH Goldschmidt AG Mülheim an der Ruhr shareholdings, E.ON Energie supplies roughly one Hanover Paderborn Gelsenkirchen Essen Capital: 190 million 65.5% third of Germany’s population with power, about Capital: 110 million 100% Capital: 17 million 54.7% Capital: 50 million 100% Capital: 34 million 97.3% 10 million inhabitants with drinking water, and just VEBA Oil Supply and Klöckner & Co AG E.ON Wasserkraft GmbH Schleswag Aktiengesellschaft Trading GmbH Röhm GmbH & Co. KG over five million customers with natural gas. It also Duisburg Landshut Rendsburg Hamburg Darmstadt has stakes in major energy companies in Sweden, Capital: 100 million 100% Capital: 173 million 100% Capital: 102 million 65.3% Capital: 3 million 100% Capital: DM102 million 100% Switzerland, the Netherlands, Italy, Russia, Latvia, Hungary, and the Czech Republic. VIAG Telecom Beteiligungs GmbH E.ON Netz GmbH TEAG Thüringer Energie AG Ruhr Oel GmbH Stockhausen GmbH & Co. KG Munich VEBA Oel’s operations encompass global petro- Bayreuth Erfurt Düsseldorf Krefeld Capital: 0.3 million 100% leum exploration and production, petroleum refining Capital: 110 million 100% Capital: 92 million 74.9% Capital: 223 million 50% Capital: DM84 million 99.9% and petrochemicals, and petroleum product retailing. E.ON Telecom GmbH VEBA Oel’s Aral subsidiary is Germany’s premier service E.ON Trading GmbH Überlandwerk Unterfranken AG Aral Aktiengesellschaft & Co. Degussa-Hüls Antwerpen N.V. Düsseldorf station operator and heating oil retailer. VEBA Oel Munich Würzburg Bochum Antwerp (Belgium) Capital: 128 million 100% also operates Germany’s biggest refinery system. Capital: 10 million 100% Capital: 45 million 92.4% Capital: 172 million 100% Capital: BEF 1,100 million 100% Contigas Deutsche Energie- VAW aluminium AG E.ON Vertrieb GmbH Aktiengesellschaft Aral Wärme Service GmbH SKW Biosystems SAS Chemicals. Merging Degussa-Hüls AG and SKW Trost- Bonn Munich Munich Gelsenkirchen Boulogne Billancourt (France) berg AG created the world’s largest specialty chemi- Capital: DM227 million 100% Capital: 1.25 million 100% Capital: 118 million 98.7% Capital: 23 million 100% Capital: FRF 978 million 100% cals group: the new Degussa AG. Degussa is arrayed Erdöl-Raffinerie-Emsland in six market-oriented divisions: Health and Nutrition, MEMC Electronic Materials Inc. E.ON Engineering GmbH Thüga AG GmbH & Co. KG Degussa-Hüls Corporation Construction Chemicals, Fine and Industrial Chemi- St. Peters, MO (USA) Gelsenkirchen Munich Lingen Ridgefield Park, NJ (USA) Capital: $772 million 71.8% cals, Performance Chemicals, Coatings and Advanced Capital: 11 million 100% Capital: 164 million 57.3% Capital: 0.05 million 100% Capital: $6 million 100% Fillers, and Specialty Polymers. Degussa is the global market leader for numerous products. Avacon AG Gelsenwasser AG VEBA Oel-Verarbeitungs GmbH SKW Americas, Inc. With roughly 125,000 housing units of its own, another 50,000 Helmstedt Gelsenkirchen Gelsenkirchen Cleveland, OH (USA) via shareholdings, and numerous commercial properties, Viterra Capital: 53 million 54.7% Capital: 88 million 80.5 % Capital: 0.05 million 100% Capital: $60 million 100% is one of Germany’s foremost real-estate service enterprises. Stinnes’s more than 1,500 facilities around the globe put it in e.dis. Energie Nord AG E.ON Benelux Generation N.V. Degussa-Hüls Ltda. the top tier of distribution and logistics companies. Fürstenwalde an der Spree Voorburg (the Netherlands) Guarulhos (Brazil) Capital: 175 million 70% Capital: NLG 19 million 100% Capital: BRL 53 million 100% Klöckner & Co’s extensive network of facilities in Europe and Elektrizitätswerk North America makes it a leading materials distribution spe- Minden-Ravensberg Sydkraft AG Degussa-Hüls Japan Co., Ltd. cialist. Minden Malmö (Sweden) Tokyo (Japan) Capital: 41 million 25.1% Capital: SEK 1,910 million 29.4% Capital: JPY 998 million 100% VIAG Telecom holds a majority interest in ONE, Austria’s third- largest cellular phone company. ONE also offers fixed-line and Energie-Aktiengesellschaft internet services. Mitteldeutschland EAM Watt AG NMB Co., Ltd. Kassel Zurich (Switzerland) Tokyo (Japan) E.ON Telecom has a shareholding in France’s Bouygues Tele- Capital: 61 million 46% Capital: CHF 88 million 24.5% Capital: JPY 4,540 million 100% com, a mobile phone operator. EVO Energieversorgung VAW aluminium is one of Europe’s biggest aluminum manufac- Oberfranken AG BKW FMB Energie AG Korea Carbon Black Co., Ltd. turers and processors. VAW has customers around the world in Bayreuth Bern (Switzerland) Inchon (South Korea) the packaging, automotive, construction, printing, and transpor- Capital: 90 million 90.8% Capital: CHF 132 million 20% Capital: KRW 107,804 million 100% tation industries. Dél-dunántúli Áramszolgáltató EWE Aktiengesellschaft Részvénytársaság MEMC is one of the world’s premier makers of silicon wafers Oldenburg Pécs (Hungary) and owns production facilities in the U.S., Asia, and Europe. Capital: 153 million 27.4% Capital: HUF 30 billion 90.6% Isar-Amperwerke AG Tiszántúll Áramszolgáltató RL Munich Debrecen (Hungary) Capital: 192 million 87.3% Capital: HUF 34 billion 83.1% As of March 1, 2001 Financial Calendar 2000 Annual Report E.ON 2000 May 18, 2001 Interim Report: January–March 2001 E.ON Group financial highlights May 18, 2001 2001 Annual Shareholders’ Meeting in millions (pro forma)1 1999 2000 +/– % Sales 69,745 93,240 +34 May 21, 2001 Dividend Payment Income August 16, 2001 Interim Report: January–June 2001 Pretax income 5,048 6,802 +35 Net income 3,095 4,184 +35 November 15, 2001 Interim Report: January–September 2001 After minority interests 2,839 3,678 +30 Internal operating profit 2,748 2,762 +1 March 21, 2002 Annual Press Conference, Annual Analyst Conference Return on equity after taxes2 in percent 11.2 13.5 +2.33 May 28, 2002 Annual Shareholders’ Meeting Investments 11,045 14,961 +35 Cash flow from operations 4,866 3,889 –20 Stockholders’ equity 26,293 28,033 +7 Total assets 94,628 106,215 +12 Employees at year-end 203,733 186,788 –8 Per share in (pro forma) Earnings 3.90 5.07 +30 Cash dividend 1.25 1.35 +8 Dividend including tax credit 1.79 1.93 +8 Stockholders’ equity4 36.09 38.61 +7 Cash flow from operations 6.68 5.36 –20 1Pro-forma figures for 1999 and 2000 are shown in accordance with U.S.
Load more

Recommended publications
  • Swepol Link Sets New Environmental Standard for HVDC Transmission
    00 ABB Review 4/2001 SwePol Link sets new environmental standard for HVDC transmission Leif Söderberg, Bernt Abrahamsson Six cable links – all of them HVDC (high-voltage direct current) – are currently in service between the power grids of continental Europe and the Nordic region, with another five planned. The latest to be brought on line is the SwePol Link, which connects the electricity networks of Poland and Sweden. It is unique in that, unlike previous installations that depend on electrode stations to transmit the return current under ground or under water, it uses 20-kV XLPE cable to carry this current. The high-voltage HVDC submarine cable used for the SwePol Link is designed for 600 MW at 450 kV. he reason for all these links is the technically feasible to reverse the entire onds to prevent grid failure if the voltage T vital need to secure power system 600 MW power throughput of the in southern Sweden drops below 380 kV. reliability in each of the participating SwePol Link in just 1.3 seconds, although With all previous links of this kind, countries. They make it easier to this is not a feature that will be used in electrode stations off the coast transmit optimize power generation in an area in practice. Nevertheless, a typical emer- the return current under the sea, and this which different countries use different gency power measure could call for a has worked perfectly well (Table 1). The means of power generation and have ∆P ramp-up of 300 MW within a few sec- first such cable link was laid in 1954 different power demand profiles over a 24-hour period.
    [Show full text]
  • 20 Jahre Elektrische Wiedervereinigung Deutschlands
    20 Jahre Elektrische Wiedervereinigung Deutschlands 20 Jahre Elektrische Wiedervereinigung Deutschlands VDE-Bezirksverein Kassel e.V., Universität Kassel am 21.01.2016 Walter Schossig, Gotha VDE Ausschuss Geschichte der Elektrotechnik [email protected] www.walter-schossig.de [email protected] www.walter-schossig.de Tel: 03621/701016 Folie 1 20 Jahre Elektrische Wiedervereinigung Deutschlands Chronologie Entstehung von Verbundnetzen Trennung des Deutschen Verbundnetzes Entwicklung in Ost- und Westeuropa Innerdeutscher Stromexport Elektrische Wiedervereinigung Deutschlands Erweiterung des Europäischen Verbundnetzes Ein Auszug der Vortragsfolien. Bei Interesse an Quellenangaben oder weiteren Informationen: [email protected] bzw. www.walter-schossig.de/Literatur [email protected] www.walter-schossig.de Tel: 03621/701016 Folie 2 20 Jahre Elektrische Wiedervereinigung Deutschlands Beginn der Stromversorgung 1866-1878 Technisch wirtschaftliche Versuche 1878-1884 Einzelanlagen 1884-1890 Blockanlagen 1890-1900 Ortszentralen 1900-1913 Überlandzentralen 1913-1915 Anfänge der Verbundwirtschaft [email protected] www.walter-schossig.de Tel: 03621/701016 Folie 3 20 Jahre Elektrische Wiedervereinigung Deutschlands < Einzelanlagen 1878-1884 > 1878 St.George Lane Fox (GB) u. Thomas Alva Edison (US) entwickeln erste Pläne zur kollektiven Verteilung des Stromes in ganze Stadtteile, die im Jahre 1881 in Godalming (GB) und ein Jahr später in New York (US) ihre erste Anwendung finden [email protected] www.walter-schossig.de
    [Show full text]
  • Annual Report 2007 Sales in € Million 14,430 14,125 EBITDA (Before Non-Operating Result) in € Million 2,221 2,157
    The first annual report published under the Evonik brand. Overview Evonik Group: Key figures 2007 2006 Annual Report 2007 Sales in € million 14,430 14,125 EBITDA (before non-operating result) in € million 2,221 2,157 EBITDA margin in % 15.4 15.3 EBIT (before non-operating result) in € million 1,348 1,179 Return on capital employed (ROCE) in % 9.5 8.4 Net income in € million 876 1,046 The First. Total assets in € million 19,800 20,953 Equity ratio in % 25.7 20.6 Annual Report Annual 2007 Cash flow from operating activities in € million 1,215 1,142 Capital expenditures1) in € million 1,032 935 Depreciation and amortization1) in € million 862 943 The The First. Net financial debt in € million 4,645 5,434 Employees as of December 31 43,057 46,430 1) Intangible assets, property, plant, equipment and investment property. A clear structure Evonik Industries The information contained herein is not for publication or distribution, directly or indirectly, in or into the United States of America, Canada, Japan or Australia. Chemicals Energy Real Estate Business areas Business units Industrial Consumer Coatings & Energy Real Estate Chemicals Specialties Additives Inorganic Health & Performance Materials Nutrition Polymers Technology Consumer Specialty Energy Real Estate Segments Evonik Industries AG Specialties Solutions Materials Rellinghauser Straße 1–11 45128 Essen Germany www.evonik.com The first annual report published under the Evonik brand. Overview Evonik Group: Key figures 2007 2006 Annual Report 2007 Sales in € million 14,430 14,125 EBITDA (before non-operating result) in € million 2,221 2,157 EBITDA margin in % 15.4 15.3 EBIT (before non-operating result) in € million 1,348 1,179 Return on capital employed (ROCE) in % 9.5 8.4 Net income in € million 876 1,046 The First.
    [Show full text]
  • Participant List
    Participant list GC SecLend Select Select Participant Country City Repo Market HQLAx Pooling CCP Invest Finance Aareal Bank AG D Wiesbaden x x ABANCA Corporaction Bancaria S.A E Betanzos x ABN AMRO Bank N.V. NL Amsterdam x x ABN AMRO Clearing Bank N.V. NL Amsterdam x x x Airbus Group SE NL Leiden x x Allgemeine Sparkasse Oberösterreich Bank AG A Linz x x ASR Levensverzekering N.V. NL Utrecht x x ASR Schadeverzekering N.V. NL Utrecht x x Augsburger Aktienbank AG D Augsburg x x B. Metzler seel. Sohn & Co. KGaA D Frankfurt x x Baader Bank AG D Unterschleissheim x x Banco Bilbao Vizcaya Argentaria, S.A. E Madrid x x Banco Cooperativo Español, S.A. E Madrid x x Banco de Investimento Global, S.A. PT Lisbon x x Banco de Sabadell S.A. E Alicante x x Banco Santander S.A. E Madrid x x Bank für Sozialwirtschaft AG D Cologne x x Bank für Tirol und Vorarlberg AG A Innsbruck x x Bankhaus Lampe KG D Dusseldorf x x Bankia S.A. E Madrid x x Banque Centrale du Luxembourg L Luxembourg x x Banque Lombard Odier & Cie SA CH Geneva x x Banque Pictet & Cie AG CH Geneva x x Banque Internationale à Luxembourg L Luxembourg x x x Bantleon Bank AG CH Zug x Barclays Bank PLC GB London x x Barclays Bank Ireland Plc IRL Dublin x x BAWAG P.S.K. A Vienna x x Bayerische Landesbank D Munich x x Belfius Bank B Brussels x x Berlin Hyp AG D Berlin x x BGL BNP Paribas L Luxembourg x x BKS Bank AG A Klagenfurt x x BNP Paribas Fortis SA/NV B Brussels x x BNP Paribas S.A.
    [Show full text]
  • Energy Infrastructure Projects in the Baltic Sea
    FACTS ISSUE 2 | 06 – 2007 FACTS ABOUT THE NATURAL GAS PIPELINE ACROSS THE BALTIC SEA ENERGY INFRASTRUCTURE PROJECTS IN THE BALTIC SEA ENVIRONMENTAL CHALLENGES CAN BE numerous rivers that flow into the sea. Historically, COPED WITH the main challenge for infrastructure projects has therefore been to maintain this balance. Nord Stream is only one of several planned or already operating energy infrastructure projects Energy infrastructure projects like pipelines, wind in the Baltic Sea. In addition to the pipeline from farms and submarine power cables are in general Vyborg to Greifswald, further offshore natural gas smaller than infrastructure projects like bridges, pipelines across the Baltic Sea are under consid- tunnels and harbours. However, the energy projects eration: Poland is interested in a connection from stretch over longer distances and it may therefore Denmark across the Baltic Sea (Baltic Pipe), while be necessary to cross sensitive areas, like munitions Estonia and Finland are also planning a connecting dump sites. pipeline across the sea (Balticconnector). Further- more, subsea power cables and several offshore All use of the sea has an impact; this includes energy wind parks already exist or are planned in the infrastructure as well as ship traffic or traffic infra- Baltic Sea. All of these projects are striving to keep structure. One of the reasons for choosing locations their impact on the environment as low as possible in the sea instead of onshore is the availability of and to preserve the Baltic ecosystem as it is. “Nord space, which is becoming a scarce resource. In this Stream: Facts” talked to Per Jørgensen, a leading context, the impact of large diameter pipelines like international expert in the field of infrastructure, Nord Stream is almost the same as smaller pipeline energy and environment about these projects.
    [Show full text]
  • Det Här Underlaget För Tidigt Samråd För Kriegers Flak Är Framtaget Av Sweden Offshore Wind AB Som Ingår Numera I Vattenfall-Koncernen
    Det här underlaget för tidigt samråd för Kriegers flak är framtaget av Sweden Offshore Wind AB som ingår numera i Vattenfall-koncernen. 1. Bakgrund och syfte......................................................................................................... 1 2. Presentation av företaget ................................................................................................ 2 3. Lokalisering och utformning av transformatorstationerna............................................. 3 4. Lokalisering och utformning av sjökablarna.................................................................. 5 5. Beskrivning av berörda områden till havs och vid kusten ............................................. 6 6. Beskrivning av de identifierade landningspunkterna................................................... 10 7. Beskrivning av projektets olika faser........................................................................... 15 8. Fysisk påverkan på omgivningen och konsekvenser av påverkan............................... 16 9. Alternativa lokaliseringar............................................................................................. 23 10. Alternativ utformning............................................................................................... 23 11. Nollalternativ............................................................................................................ 24 12. Kontaktuppgifter ...................................................................................................... 24 1. Bakgrund
    [Show full text]
  • Willkommen Bei Ihrer Worksitebank!
    Willkommen bei Ihrer WorksiteBank! Stand: 16.09.2018 Agenda Über die Degussa Bank Unser Produkt- und Serviceangebot Depotführung für Mitarbeiter der M.M. Warburg & CO Anhang Depotführung für Mitarbeiter der M.M. Warburg & CO – Vermögensberatung 2 Über die Degussa Bank WorksiteBanking – Ein einzigartiges Geschäftsmodell Deutschlands einzige WorksiteBank – spezialisiert auf Bankdienstleistungen für Mitarbeiter in Unternehmen Seit mehr als 50 Jahren mit diesem Geschäftsmodell – mit unverwechselbarem Profil Marktführer Aktuell über 411.000 Kunden und 190 Bank-Shops an Standorten renommierter Partnerunternehmen Mitglied des Bankenverbands und des „Einlagensicherungsfonds des Bundesverbandes deutscher Banken e. V. (Einlagenschutz bis zu einer Höhe von rd. 45 Millionen Euro pro Kunde) Umfassendes Worksite Financial Service Angebot über die Tochtergesellschaften Industria (Immobilien), Prinas (Versicherungen) und mitarbeitervorteile.de (exklusive Einkaufsvorteile) Depotführung für Mitarbeiter der M.M. Warburg & CO – Vermögensberatung 4 Eine Bank mit „goldener“ Geschichte 1873: Gründung des Unternehmens Degussa (Deutsche Gold- und Silber- Scheideanstalt) als Bank, hervorgegangen aus der ehemaligen Münzmeisterei Frankfurt 1936: Anerkennung der Degussa als „Devisenbank“ 1947: Zulassung als „Außenhandelsbank“ 1979: Ausgründung der Degussa Bank GmbH als Universalbank aus der Degussa AG Depotführung für Mitarbeiter der M.M. Warburg & CO – Vermögensberatung 5 Dafür stehen wir: Nähe, Transparenz und Vertrauen! Nähe Kurze Wege, schnelle
    [Show full text]
  • Interim Report January–September 2020
    Interim report January–September 2020 Business highlights, July–September 2020 Financial highlights, January–September 2020 • Unusually high hydrological balance puts pressure on Nordic • Net sales decreased by 4% (-5% excluding currency effects) electricity prices to SEK 114,815 million (120,181) • Inauguration of Princess Ariane wind farm in the Netherlands • Underlying operating profit1 of SEK 17,802 million (16,889) • Participation in auction for closure of Moorburg power plant in • Operating profit1 of SEK 10,030 million (19,715) Hamburg • Profit for the period of SEK 1,989 million (14,373) • Tendering process for the electricity grid in Berlin rejected by Financial highlights, July–September 2020 the Higher Regional Court. After the end of the quarter, • Net sales decreased by 2% (0% excluding currency effects) Vattenfall offered to sell the company Stromnetz Berlin to the to SEK 35,375 million (35,938) State of Berlin • Underlying operating profit1 of SEK 4,818 million (3,594) • Inauguration of pilot plant for HYBRIT, a partnership project • Operating profit1 of SEK 4,743 million (8,677) for fossil-free steel production • Profit for the period of SEK 3,583 million (6,700) • Anna Borg named as new President and CEO, effective 1 November KEY DATA Jan-Sep Jan-Sep Jul-Sep Jul-Sep Full year Last 12 Amounts in SEK million unless indicated otherwise 2020 2019 2020 2019 2019 months Net sales 114 815 120 181 35 375 35 938 166 360 160 994 Operating profit before depreciation, amortisation and 1 impairment losses (EBITDA) 34 387 33 601 9
    [Show full text]
  • Local. International
    Andrew Annual Report Part I/II 2008 Company Report Laura Jacob Local. International. Peter 2008 Company Report E.ON Olga Eric Sarah Michael Lewis Sven Monica Financial Calendar Dimitrii May 6, 2009 2009 Annual Shareholders Meeting May 7, 2009 Dividend Payout May 13, 2009 Interim Report: January – March 2009 August 12, 2009 Interim Report: January – June 2009 November 11, 2009 Interim Report: January – September 2009 March 10, 2010 Release of 2009 Annual Report Isabelle May 6, 2010 2010 Annual Shareholders Meeting May 7, 2010 Dividend Payout May 11, 2010 Interim Report: January – March 2010 August 11, 2010 Interim Report: January – June 2010 November 10, 2010 Interim Report: January – September 2010 International. It sounds far away. Big. Impersonal. Unreachable. Actually, the opposite is true. International is everywhere. In Madrid and in Düsseldorf. Off the coast of Scotland. In Malmö. In Datteln. In Bratislava. In Livorno Ferraris. At OGK-4 in Moscow. Why? Because everything we do locally benefi ts from the way we work together across our international organization. Because that’s how we learn from each other, create synergies, and fi nd the best solutions. For the environment. For a reliable and secure supply of energy. For our employees and our investors. But especially for our customers. At E.ON, there are countless examples of this kind of collaboration. Our 2008 Company Report introduces you to a few of them. We want you to see how local international can be. 6 Smart Product Workshop: part of our groupwide Smart Metering Program 11 Employee opinion survey: an important management and communications tool 17 R&D Steering Group meets in the United Kingdom 25 Protective clothing that meets uniform standards 2 Our Company.
    [Show full text]
  • Annual Report 2019 .Pdf 18MB
    Annual Report Statkraft AS 2019 CONTENT 3 Introduction 3 Statkraft at a glance 6 The Board of Directors 7 The Corporate Management 8 Letter from the CEO 9 Report from the Board of Directors 12 Strategy – Powering a green future 16 Financial performance 20 Segments 25 Risk management 29 Sustainability 31 Sustainability management 33 Statkraft’s contribution 35 Social disclosures 41 Environmental disclosures 45 Economic disclosures 49 Corporate Governance 59 Statements 59 Group Financial Statements 59 Financial Statements 64 Notes 129 Statkraft AS Financial Statements 129 Financial Statements 133 Notes 150 Auditor’s Statement 155 Sustainability Statement 170 Auditor’s Statement 176 Declaration from the Board of Directors and CEO 177 Key figures and Alternative Performance Measures Statkraft is a leading renewable energy company with activities on three continents within hydro, wind and solar. Through our market activities and production assets we create value for our owner, our customers and the societies we operate in. Statkraft at a glance USA Statkraft has 4.000 employees Peru Brazil in 16 countries Chile Europe’s largest producer of renewable energy EBIT underlying Net profit Cash flow from operations 17.6 11.3 12.0 NOK BILLION NOK BILLION NOK BILLION ROACE Net interest-bearing debt Dividend paid in 2019 16.3 16.0 8.5 PER CENT NOK BILLION NOK BILLION Norway Sweden The Netherlands United Kingdom Ireland Germany France Spain Nepal Albania Turkey India Power generated in 2019 Share renewable energy Investments in 2019 61 93 7.4 TWH PER CENT NOK BILLION Standard & Poor's Fitch Ratings' long-term rating long-term rating A- BBB+ 59% Norway 27% Europe 14% Outside Europe 5 ANNUAL REPORT 2019 | STATKRAFT AS 6 The Board of Directors From the left: Vilde Eriksen Bjerknes, Mikael Lundin, Ingelise Arntsen, Asbjørn Sevlejordet, Thorhild Widvey, Peter Mellbye, Bengt Ekenstierna, Hilde Drønen and Thorbjørn Holøs Thorhild Widvey Peter Mellbye Hilde Drønen Born 1956, Norwegian Born 1949, Norwegian Born 1961, Norwegian Chair of the board, member since 2016.
    [Show full text]
  • The Pfandbrief Roundtable 2019 in ASSOCIATION with the VDP
    The Covered Bond Report www.coveredbondreport.com August 2019 The Pfandbrief Roundtable 2019 IN ASSOCIATION WITH THE VDP The Pfandbrief Roundtable 2019 The EU covered bond legislative package, sustainable finance developments, and a possible revival of APP were key topics in our annual Pfandbrief roundtable, produced in association with the vdp and hosted by pbb on 26 June, with leading players sharing their views ahead of the 250th anniversary of the Pfandbrief in August. Neil Day, The Covered Bond Report: are discussions about tightening the regu- Matthias Melms, NordLB: Indepen- What is it about the Pfandbrief that latory framework, it is important to ensure dently of the issuers and the assets that has resulted in it being such a long- that the Pfandbrief remains competitive are behind the Pfandbrief, when we talk lasting and successful product? versus other products. about 250 years of a success story we have to talk about the Pfandbrief law. A Jens Tolckmitt, Association of German Felix Rieger, Deutsche Bundesbank: foreign investor once told me: I want to Pfandbrief Banks (vdp): The stability I am here representing the Bundesbank as invest in Germany, in the German Pfand- and the high quality of the legal frame- an investor today — not for its role regard- brief, but I don’t care about the issuer, I work have been decisive in making the ing monetary policy — and in this respect, don’t care about the assets, I just want Pfandbrief such a long-lasting product. investing money on behalf of Federal gov- to have the Pfandbrief with the highest What is especially important today, is that ernment entities, the Bundesbank is a spread.
    [Show full text]
  • The Baltic Cable HVDC Connection Sweden / Germany
    Submarine Cable Link The Baltic Cable HVDC Connection Sweden / Germany Sweden Germany Cable data Project content Voltage 450 kV DC HVDC cable and accessories Power 600 MW HVDC converter stations Length 250 km Cable system design Conductor 1600 mm2 Cu Project management Insulation MIND Installation (on land and at sea) Weight 55 kg/m Customer Baltic Cable AB Year 1994 World record holder for length, voltage and power Four new world record were set in 1994 Cable Route by ABB, with the successful completion The Västra Kärrstorp converter station of the Baltic Cable HVDC transmission in Sweden was built close to an existing link between Sweden and Germany: transformer station at Arrie, south of Malmö and about 17 km from the coast. 1) Stretching over 250 km, it was the The link was first routed through a 12 longest submarine HVDC cable km overhead line, then by land for about ever laid. 5.3 km to the coast. From there it runs 2) At 600 MW, the Baltic Cable is one across the bottom of the Baltic Sea to of the most powerful HVDC cables the mouth of the River Trave in in commercial operation. Germany. The cable then follows the 3) With 450 kV DC, the cable has the course of the Trave for a distance of 12 highest voltage rating of all existing km until it reaches the Herrenwyk submarine HVDC cables. converter station in the outskirts of 4) The 5.3 km land section of the Lübeck in Germany. The total length of cable in Sweden was laid in one the link is 262 km, of which 250 km are continuous length in an open-cut HVDC power cables.
    [Show full text]