DOCSLIB.ORG

EVN's Annual Financial Report 2010/11

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
EVN's Annual Financial Report 2010/11 Contact EVN’s Annual Financial Report 2010/11 persuant to § 82 article 4 of the Austrian Stock Exchange Act Contact partner for questions regarding Investor Relations EVN Full Report 2010/11 Members of the Investor Relations team Klára Székffy, phone +43 2236 200-12745 Doris Lohwasser, phone +43 2236 200-12473 Sonja Ponsold, phone +43 2236 200-12695 E-Mail: [email protected] Contact partner for questions regarding Corporate Social Responsibility (CSR) Members of the CSR advisory team CSR representative, Gas Network Engineering: Peter Zaruba, phone +43 2236 200-12249, [email protected] CSR organisation, Human Resources: Renate Lackner-Gass, phone +43 2236 200-12799, [email protected] General Secretariat and Corporate Affairs: Ute Teufelberger, phone +43 2236 200-12777, [email protected] Information and Communication: Jochen Kugler, phone +43 2236 200-12139, [email protected] Investor Relations: Doris Lohwasser, phone +43 2236 200-12473, [email protected] Human Resources: Elvira Hammer, phone +43 2236 200-12727, [email protected] Environmental Protection and Controlling: Stefan Vadura, phone +43 2236 200-12217, [email protected] Members of the CSR steering committee Information and Communication: Stefan Zach, phone +43 2236 200-12294, [email protected] Environmental Protection and Controlling: Hans-Georg Rych, phone +43 2236 200-12526, [email protected] Human Resources: Wolfgang Maier, phone +43 2236 200-12787, [email protected] Information on the internet Information on the internet www.evn.at EVN Online Full Report 2010/11 www.investor.evn.at www.investor.evn.at/gb/gb2011 Imprint www.verantwortung.evn.at Published by EVN AG EVN Platz, A-2344 Maria Enzersdorf Phone +43 2236 200-0 Telefax +43 2236 200-2030 EVN. 1) We have put together this full report with the greatest possible diligence, and have checked the data. Nevertheless, rounding off, compositor‘s or printing errors can not be Financial calender 2011/12 excluded. In the summing up of rounded amounts and percentages, the application of automatic calculating devices could result in rounding-off differences. This full report 83rd Annual General Meeting January 19th, 2012 Results HY. 1 2011/12 May 31st, 2012 also contains forward-looking statements, estimates and assumptions which are based on all the information available to us at the time when this document was completed. Responsibility with Foresight. Ex-dividend day January 24th, 2012 Results Q. 1–3 2011/12 August 30th, 2012 Such statements are typically made in connection with terms such as “expect“, “estimate“, “plan“, “anticipate“ etc. We would like to point out that, due to a variety of different factors, the performance and results achieved by the company may differ from the expectations and forward-looking statements contained in this report. This full th th Dividend payment January 27 , 2012 Annual results 2011/12 December 13 , 2012 report is also available in German. In case of doubt, the definitive version is the German one. Editorial deadline: November 24th, 2011. As a responsible energy and environmental services provider, EVN rises up to the th Results Q. 1 2011/12 February 28 , 2012 1) preliminary Coverphoto: Daniel Gebhart de Koekkoek challenge of considering economic, ecological and social aspects of its business operations Idea and consulting: Mensalia as a unified whole – for the purpose of creating a balance among the demands of its EVN share – basic information1) The paper used for this publication is made of raw materials derived from sustainable forestry. different stakeholder groups. This balance is also reflected in the current report, which puts Share capital 330,000,000.00 EUR The production is carried out with electricity from renewable energy sources. The CO2 emissions arising Denomination 179,878,402 no-par bearer shares from the printing production process was compensated in line with the guidelines issued by Print CO2. disclosures on sustainable corporate management in line with GRI indicators on the same Identification Number (ISIN) AT0000741053 footing as financing reporting and the corporate governance report. Print CO tested Compensation for CO emissions arising in the printing process. Support and contribution Tickers EVNV.VI (Reuters); EVN AV (Bloomberg); AT; EVN (Dow Jones); EVNVY (ADR) 2 2 to climate protection, embedding environmental awareness in our activities Stock exchange listing Vienna PEFC certification International forest certification system to safeguard and continually improve ADR programme; Depositary Sponsored Level I ADR program (5 ADR = 1 share); The Bank of New York Mellon sustainable forestry Austrian Ecolabel Quality, product safety and high environmental standards Ratings A3, stable (Moody’s); A–, negative (Standard & Poor’s) Environmental management system ISO 14001:2004 1) As of September 30th, 2011 Optimisation of environmental processes, prudent use of natural resources Contents Management report 2010/11 2 2 Legal framework 6 Overall business environment 7 Energy sector environment 9 Business development 17 Human resources 17 Environment and sustainability 18 Research and development 18 Risk management 23 Disclosures pursuant to § 243a (1) Corporate Code (UGB) 24 Outlook for the 2011/12 financial year Consolidated Financial Statements for 2010/11 26 27 Consolidated Statements of Financial Position 28 Consolidated Statements of Operation 28 Consolidated Statements of Comprehensive Income 29 Consolidated Statements of Cash Flow 30 Consolidated Statements in Changes in Equity 31 Segment Reporting 33 Consolidated Notes 79 EVN’s Investments 85 Auditor's Report Declaration by the Executive Board pursuant to § 82 Sect. 4 (3) of the Austrian Stock Exchange Act 87 Seite 2 von 88 Legal framework Report of the Supervisory Board Management report Management report Legal framework International climate policy The main objective of the United Nations Climate Change Conference which took place in Mexico at the end of 2010 was to conclude a legal follow-up agreement for the Kyoto Protocol which expires in 2012 following the failed attempt in Copenhagen. However, a consensus could only be reached on a minimum target, namely to maintain the Kyoto Protocol until 2012. A follow-up treaty did not materialise. Nevertheless, the countries participating in the conference did agree on the following objectives: they committed themselves to limiting global warming to two degrees Celsius in comparison to the pre-industrial level. The industrialised nations acknowledged the voluntary pledges relating to CO2 emission reduc- tion targets, which were agreed upon at the climate conference in Copenhagen in 2009. Accordingly, they will reduce greenhouse gas emissions by 25% to 40% by the year 2020 compared to 1990. During the next three years an annual emergency assistance package of USD 10 billion will flow into a United Nations fund designed to support countries which are particularly impacted by climate change. By 2020 the financial resources should be increased to a total of USD 100 bil- lion for the benefit of developing countries, without any corresponding decreases in conventional development aid. The funds, which can be raised from either private or public sector sources, will flow into a newly-established “Green Climate Fund”, which will be administered by the United Nations. Moreover, a forest protection programme entitled Reducing Emissions from Deforestation and Degradation (REDD) was created. The next United Nations Climate Change Conference will be held from November 28th to December 9th, 2011 in Durban, Management report South Africa. The goal of the European Union is to conclude a comprehensive and legally binding climate protection treaty for the period after 2012, which will limit the average global temperature to two degrees Celsius above the pre- industrial level. European energy policy On November 10th, 2010, the EU Commission presented its new strategy for competitive, sustainable and secure en- ergy, which was line with the energy policy objectives “Europe 2020” previously approved by the European Council in June 2010. The five energy-related priorities for the next ten years were defined: – Realisation of energy savings with a focus on the two sectors with the biggest potential, i.e. transportation and buildings; – Establishment of an integrated European-wide energy market; – Competitive prices and secure supply based on energy infrastructure investments which should amount to some EUR 1 trillion; – Promotion of technological leadership; – Effective negotiations with international partners and third countries. The strategy was discussed and approved by the European heads of state and government at the first EU Energy Summit held in February 2011. The EU Commission was authorized to develop specific legislative initiatives and proposals over the next 18 months. The EU had previously set a target of increasing the energy efficiency of its member states by 20% by the year 2020. From the EU Commission’s point of view, it is likely that the EU will fall short of achieving this objective unless it imple- ments additional measures. For this reason, it presented its new energy efficiency plan in March 2011. This defined further measures which are designed to lead to a reduction in energy consumption, focusing on the two fields of buildings and industry which together account for close to 70% of the EU’s primary energy consumption. In order to realize these energy savings, the EU Commission envisions appropriate financing aid both on an EU
Load more

Recommended publications
  • Networked Thinking Renewable Energy and Supply Security
    EVN Full Report 2013/14 EVN Full Networked thinking Renewable energy and supply security EVN Full Report 2013/14 58122P_EVN.GB_E.14_Umschlag_einzelseiten.indd 1 01.12.14 17:29 When you think of renewable energy Renewable energy will shape the energy future. But to use it efficiently and effectively, we need intelligent networks that can meet the added technical challenges. EVN has addressed these challenges for many years with massive investments in renewable energy generation plants and the expansion of its smart grids. 58122P_EVN.GB_E.14_Umschlag_einzelseiten.indd 2 27.11.14 22:3401.12.14 17:29 Key figures Change 1) 2013/14 2012/13 nominal in % Employees Sales volumes Number of employees Electricity generation volumes GWh 4,395 3,701 694 18.7 thereof Austria thereof from renewable energy GWh 1,868 1,954 –86 –4.4 thereof abroad Electricity sales volumes to end customers GWh 19,317 20,209 –891 –4.4 Employee fluctuation Natural gas sales volumes to end customers GWh 5,383 6,333 –950 –15.0 Proportion of women Heat sales volumes to end customers GWh 1,991 2,062 –71 –3.4 Training hours per employee Consolidated statement of operations Number of occupational accidents Revenue EURm 1,974.8 2,105.9 –131.0 –6.2 EBITDA EURm 184.1 540.0 –356.0 –65.9 Environment EBITDA margin2) % 9.3 25.6 –16.3 – Quantity of CO Results from operating activities (EBIT) EURm –341.4 242.2 –583.6 – NOX EBIT margin2) % –17.3 11.5 –28.8 – Hazardous waste Result before income tax EURm –373.3 170.7 –544.0 – Water consumption (drinking and process water) EURm Group net result
    [Show full text]
  • EVN Ganzheitsbericht 2009-10
    Ganzheits/ bericht Will/ 2009/10 kommen beim Klima/ wandel Neue Herausforderungen. Neue Perspektiven. Das Klima wandelt sich. wird’s wärmer. Ökono Willkommen beim Kli die EVN nimmt die Her Das Klima wandelt sich. wird’s wärmer. Ökono Willkommen beim Kli die EVN nimmt die Her h. Meteorologisch o misch ist’s stürmisch. li mawandel? Ja! Denn r ausforderungen an. / Inhalt EVN in Kürze. Verwurzelt in Niederösterreich, erfolgreich in Europa – 06 die aktuellen Projekte und Zahlen der EVN im Überblick. Gerüstet für die Zukunft. Die Mitglieder des EVN Vorstands, Dr. Burkhard Hofer, Dipl.-Ing. Dr. Peter Layr und Dipl.-Ing. Herbert Pöttschacher, im Gespräch über aktuelle Herausforderungen und 10 die neue EVN Strategie 2020. EVN am Kapitalmarkt. Die wichtigsten Daten, Fakten und Entwicklungen 18 rund um die EVN Aktie. Zahlen & Fakten. Die EVN inszeniert Zahlen & Fakten 20 erstmals als Foto-Stillleben. Der Wandel ist gewaltig. Prof. Nebojsa Nakicenovic, einer der weltweit führenden 24 Energieökonomen, über Wandel und Herausforderungen. Vorzeigeprojekt Dürnrohr. Im Kraftwerk Dürnrohr wird Strom erzeugt, Abfall ökologisch verwertet, und zudem werden zahlreiche Haushalte mit Fernwärme versorgt. Ein Investment im EVN Kernmarkt, 28 das sich für alle lohnt! Klimaschutz im Dilemma. Prof. Mojib Latif über die Klimaerwärmung, Lösungswege 38 und Szenarien, falls keine Auswege gefunden werden. Wasserkraft für Südosteuropa. An den albanischen Flüssen Devoll und Drin sowie am Fluss Gorna Arda in Bulgarien entstehen drei Projekte der EVN, die ein Ziel gemeinsam haben: die nachhaltige Verbesserung der Versorgung ganzer Regionen mit 42 erneuerbarer Energie. Wandel als Chance. Die EVN wird immer internationaler: Der Group HR-Day 48 zeigt Chancen für die Mitarbeitenden der EVN auf.
    [Show full text]
  • Mergers & Acquisitions
    Mergers & Acquisitions 2020 Ninth Edition Editors: Lorenzo Corte & Scott C. Hopkins Global Legal Insights Mergers & Acquisitions 2020, Ninth Edition Editors: Lorenzo Corte & Scott C. Hopkins Published by Global Legal Group GLOBAL LEGAL INSIGHTS – MERGERS & ACQUISITIONS 2020, NINTH EDITION Editors Lorenzo Corte & Scott C. Hopkins, Skadden, Arps, Slate, Meagher & Flom (UK) LLP Head of Production Suzie Levy Senior Editor Sam Friend Sub Editor Megan Hylton Group Publisher Rory Smith Chief Media Officer Fraser Allan We are extremely grateful for all contributions to this edition. Special thanks are reserved for Lorenzo Corte & Scott C. Hopkins of Skadden, Arps, Slate, Meagher & Flom (UK) LLP for all of their assistance. Published by Global Legal Group Ltd. 59 Tanner Street, London SE1 3PL, United Kingdom Tel: +44 207 367 0720 / URL: www.glgroup.co.uk Copyright © 2020 Global Legal Group Ltd. All rights reserved No photocopying ISBN 978-1-83918-053-8 ISSN 2048-6839 This publication is for general information purposes only. It does not purport to provide comprehensive full legal or other advice. Global Legal Group Ltd. and the contributors accept no responsibility for losses that may arise from reliance upon information contained in this publication. This publication is intended to give an indication of legal issues upon which you may need advice. Full legal advice should be taken from a qualified professional when dealing with specific situations. The information contained herein is accurate as of the date of publication. CONTENTS Austria Horst
    [Show full text]
  • Come to Climate Change
    2009/10 Full Report / climate change / to / Welcome Full Report 2009/10 Wel/ come to climate change New challenges. New perspectives. The climate is changing. Meteorologically speak- ing, it is getting warmer. Economically, it is quite stormy. Welcome to cli mate change? Well, yes! EVN is accepting these challenges. The climate is changing. Meteorologically speak- ing, it is getting warmer. Economically, it is quite stormy. Welcome to cli mate change? Well, yes! EVN is accepting these challenges. / Contents EVN in short. Rooted in Lower Austria, successful in Europe – 06 an overview of the latest EVN projects and figures. Equipped for the future. The members of the EVN Executive Board, Burkhard Hofer, Peter Layr and Herbert Pöttschacher speak about current challenges and the 10 new EVN Strategy 2020. EVN on the capital market. The most important data, facts and 18 developments pertaining to the EVN share. Facts and figures. For the first time, EVN presents facts 20 and figures as still life photography. The change is enormous. Prof. Nebojsa Nakicenovic, one of the world’s leading 24 energy economists, on change and challenges. The showcase project Dürnrohr. Electricity is generated, waste ecologically treated and numerous households also supplied with district heat. An investment in EVN’s core 28 market, which pays off for everyone! The climate protection dilemma. Prof. Mojib Latif on global warming, solutions 38 and scenarios if no way out can be found. Hydropower for South East Europe. Three EVN projects on the Devoll and Drin rivers in Albania and the Gorna Arda River in Bulgaria are arising, all with a common goal: the sustainable improvement in supplying 42 entire regions with renewable energy.
    [Show full text]
  • Energy. Water. Life. Full Report 2018 /19 Report 2018 EVN Full Dear Ladies and Gentlemen, Dear Shareholders
    / 19 Energy. Water. Life. Full Report 2018 /19 EVN Full Report 2018 EVN Full Dear Ladies and Gentlemen, Dear Shareholders, The future of the global climate has domi- investments towards Lower Austria’s network nated public discussions in recent months. infrastructure. We see these investments as a EVN’s activities during the 2018/19 financial central step on the road to a climate-friendly year included the early termination of energy system because they are an indispen- coal-generated electricity production in sable requirement for protecting network Lower Austria – also against the backdrop stability in view of a further increase in volatile of the substantial increase in the price of renewable generation. CO2 emission certificates – as well as the accelerated expansion of wind power. We are also making a substantial contribution Our wind power generation capacity has in support of renewable generation: EVN, increased by roughly 100 MW to 367 MW currently the leading wind power producer in in only two financial years, which means Lower Austria, set an ambitious goal several we have reached our interim goal one year years ago to increase this capacity to 500 MW. earlier than planned. These two examples While our work is directed to meeting this alone show that we are committed to sup- goal, we are also evaluating projects for porting the future-oriented transformation large-scale photovoltaic facilities, especially at of our energy system towards renewable our own power plant locations. Here we see generation. a potential of up to 100 MW in our markets over the medium term, subject to appropriate Our long-term strategy as a listed company framework conditions.
    [Show full text]
  • The World of Tomorrow?
    15 / EVN Full Report 2014 EVN Full Full Report 2014 /15 EVN Future Lab @ EVN_Future_Lab The world of tomorrow? # We_have_answers Full Report 2014 /15 Future Lab Designing the future with its many different facets is the central subject of this full report. EVN is actively and consciously addressing the accom­ panying challenges. In order to identify and systematically examine the many different future scenarios, EVN founded the future lab – an internal think tank – in 2014/15. The objectives of its analyses were to pinpoint possible development trends, determine the company’s current position and develop future­oriented business models. This full report provides an overview of the processes used by the EVN Future Lab and the results achieved to date. At this point, we would like to thank all the contributors to the future lab for their dedication and commitment! Key figures +/– 2014/15 2013/14 in % 2012/131) Sales volumes Electricity generation volumes GWh 4,882 4,395 11.1 3,332 thereof from renewable energy GWh 2,106 1,868 12.8 1,181 Electricity sales volumes to end customers GWh 19,263 19,317 –0.3 20,403 Natural gas sales volumes to end customers GWh 5,241 5,383 –2.6 6,475 Heat sales volumes to end customers GWh 2,038 1,991 2.4 1,911 Consolidated statement of operations Revenue EURm 2,135.8 1,974.8 8.2 2,105.9 EBITDA EURm 583.2 184.1 – 540.0 EBITDA margin2) % 27.3 9.3 – 25.6 Results from operating activities (EBIT) EURm 268.2 –341.4 – 242.2 EBIT margin2) % 12.6 –17.3 – 11.5 Result before income tax EURm 207.9 –373.3 – 170.7 Group net
    [Show full text]
  • AUFSICHTSRATS- Mitbetreuung ZUSAMMENSETZUNG Mag
    Eingereicht von Patrick Koidl Angefertigt am Institut für betriebliche Finanzwirtschaft Beurteiler / Beurteilerin o. Univ. Prof. Mag. Dr. Helmut Pernsteiner AUFSICHTSRATS- Mitbetreuung ZUSAMMENSETZUNG Mag. Dr. Markus Dick VON ÖSTERREICHISCHEN Februar 2016 BÖRSENOTIERTEN UNTERNEHMEN Diplomarbeit zur Erlangung des akademischen Grades Magister der Sozial- und Wirtschaftswissenschaften im Diplomstudium Wirtschaftswissenschaften JOHANNES KEPLER UNIVERSITÄT LINZ Altenberger Straße 69 4040 Linz, Österreich www.jku.at DVR 0093696 Eidesstattliche Erklärung Ich erkläre an Eides statt, dass ich die vorliegende Diplomarbeit selbstständig und ohne fremde Hilfe verfasst, andere als die angegebenen Quellen und Hilfsmittel nicht benutzt bzw. die wörtlich oder sinngemäß entnommenen Stellen als solche kenntlich gemacht habe. Die vorliegende Diplomarbeit ist mit dem elektronisch übermittelten Textdokument identisch. Schärding, Februar 2016 ____________________________ Gleichheitsgrundsatz Aus Gründen der besseren Lesbarkeit und Nachvollziehbarkeit wird in der nachfolgenden Arbeit auf die Erweiterung der weiblichen Form und somit einer gendergerechten Sprache verzichtet. Es wird darauf hingewiesen, dass sich sämtliche personenbezogenen Ausführungen sowohl auf Personen des weiblichen als auch des männlichen Geschlechts beziehen. Inhaltsverzeichnis Inhaltsverzeichnis ........................................................................................................................ I Abbildungsverzeichnis ............................................................................................................
    [Show full text]
  • Close to the Customer. Efficient/ Comfortable/ Secure
    13 / Contact Contact partner for questions regarding Investor Relations EVN Full Report 2012 Gerald Reidinger, phone +43 2236 200-12698 Doris Lohwasser, phone +43 2236 200-12473 Katrin Stehrer, phone +43 2236 200-13140 E-mail: [email protected] Photographer Daniel Gebhart de Koekkoek took the photos in the 2012/13 Contact partner for questions regarding Full Report. Corporate Social Responsibility (CSR) Members of the CSR advisory team CSR representative, Gas Network Engineering: Peter Zaruba, phone +43 2236 200-12249, [email protected] Close to the customer. CSR organisation, Human Resources: Renate Lackner-Gass, phone +43 2236 200-12799, [email protected] Innovation officer: Andrea Edelmann, phone +43 2236 200-12190, [email protected] General Secretariat and Corporate Affairs: Ute Teufelberger, phone +43 2236 200-12777, [email protected] secure/ Information and Communication: Jochen Kugler, phone +43 2236 200-12139, [email protected] Investor Relations: Doris Lohwasser, phone +43 2236 200-12473, [email protected] comfortable/ Human Resources: Elvira Hammer, phone +43 2236 200-12727, [email protected] Environmental Protection and Controlling: Stefan Vadura, phone +43 2236 200-12217, [email protected] efficient/ The Tyrolean-born Daniel Gebhart de Koekkoek has worked as a photographer since 2006 and is one of Austria’s best known photo artists. His regular assignments include work for international magazines and newspapers such as Vanity Fair, Monokel, The Financial Times, ZEITmagazin, SZMagazin and FAZ as well as companies like Information on the internet Online report Apple, Mercedes-Benz and IBM. His work has www.evn.at EVN online full report 2012/13 been shown at galleries in Austria, Germany, www.investor.evn.at www.investor.evn.at/gb/gb2013 Switzerland, Taiwan, Great Britain, Ireland and www.responsibility.evn.at the USA.
    [Show full text]
  • VIENNA ECONOMIC FORUM Meetings 2008
    GO SOUTH EAST VIENNA ECONOMIC FORUM VIENNA ECONOMIC FORUM Stubenring 16/3, 1010 Vienna, Austria Tel: +43 1 714 10 14, Fax: +43 1 714 10 14-19 GO SOUTH EAST [email protected], www.vienna-economic-forum.com MEETINGS 2008 VIENNA ECONOMIC Forum – ChISINAU MEETING Invest in Moldova - Invest in the Region February 20th and 21st, 2008, Chisinau, Moldova VIENNA ECONOMIC Forum – MONTENEGRO MEETING Invest in Montenegro - Invest in the Region With the support of: April 14th and 15th, 2008, Becˇic´i, Montenegro VIENNA ECONOMIC Forum – TIRANA MEETING Invest in Albania - Invest in the Region June 8th and 9th, 2008, Tirana, Albania VIENNA ECONOMIC Talks – PlEVEN MEETING June 30th and July 1st, 2008, City of Pleven, Bulgaria 5th JUBILEE VIENNA ECONOMIC Forum Investment Possibilities from the Adriatic Vienna, Austria to the Black Sea and the Caspian Region. Take the Real Chance November 10th and 11th, 2008, Raiffeisen Zentral Bank, Vienna Chisinau, Moldova Media Partners: Pleven, Bulgaria Becici, Montenegro Tirana, Albania VIGSujet_englisch_A4_4c:210x297 25.02.2009 14:45 Uhr Seite 1 We promote the future. n n a m g r e B & k e c i l r e M , r e n m e D VIENNA ECONOMIC FORUM MEETINGS 2008 We are already present in 23 countries. Millions of customers trust Austria’s largest insurance group in Central and Eastern Europe. For more information visit www.vig.com 3 CONTENTS VIENNA ECONOMIC FORUM MEETINGS 2008 Board of Vienna Economic Forum ……………………………………………………………………………………………… 6 Ambassadors Committee of Vienna Economic Forum ………………………………………………………………………
    [Show full text]
  • Values. to Us, Management Means Creating Values: for People, Society and the Environment
    Values. To us, management means creating values: for people, society and the environment. Annual Report 2012 Design concept for charts and tables The depiction of charts and tables corresponds to the concept of “SIMPLE, UNIFORM, CLEAR” from Roman Griesfelder (aspektum gmbh). They are prepared according to the recommendations of Prof. Rolf Hichert. Column/bar width Wide columns or bars represent measure- ment parameters that can be physically counted. Examples: MW, GWh, employees Medium columns or bars represent aggregated values. Examples: €k, €m, €bn Narrow columns or bars represent values in euros per unit. Examples: €/share, €/MWh Lines or dotted lines represent shares, quotients or indices. Examples: Dividend yield in %, indexed share price, GDP growth in % Colours Current year Neutral Previous years Targets VERBUND Emphasis Five-year comparison VERBUND Group 2012 Unit 2008 2009 2010 2011 2012 Revenue1 €m 3,744.7 3,483.1 3,307.9 3,027.7 3,174.3 Operating result2 €m 1,138.6 1,042.3 828.5 1,030.0 900.2 Operating result before effects from impairment tests2 €m 1,138.6 1,042.3 828.5 827.8 955.9 EBITDA2 €m 1,321.8 1,251.5 1,059.2 1,069.5 1,233.9 Group result2 €m 686.6 644.4 400.8 355.8 389.3 Balance sheet total €m 8,293.8 10,345.2 11,291.0 11,859.3 12,387.3 Equity2 €m 3,128.1 3,409.7 4,372.4 4,919.1 5,099.4 Net debt2, 5, 6 €m 2,753.2 4,788.9 4,233.9 4,050.1 3,311.7 Additions to property, plant and equipment €m 440.3 471.9 635.7 581.4 680.3 Cash flow from operating activities €m 934.2 968.0 778.2 829.9 1,034.7 Free cash flow €m – 187.5 –
    [Show full text]
  • Jahresbericht 2015 Annual Report 2015
    TÜV AUSTRIA Annual Report 2015 TÜV AUSTRIA Jahresbericht 2015 AnnualJahresbericht Report 2015 Safety You Can Rely On. Convincing Reliability. At the end of 2015, 1,413 employees of the TÜV AUSTRIA Group were working for our customers in over 40 countries. As of December 31, 2015, revenues of €149.3 million were recorded with an operating performance of €152.9 million. Our customer-tailored services include 270 service competencies in the fields of industrial services, testing, inspection, certification, IT security, management consulting, insurance services, and training & advanced training. International focus and a multitude of certifications (both national and inter- national) prove TÜV AUSTRIA to be a qualified, safe and reliable partner. In Austria and throughout the world. www.tuv.at Credits TÜV AUSTRIA Krugerstrasse 16, 1015 Vienna Tel.: +43 1 514 07-0 Fax: +43 1 514 07-6005 Email: [email protected] Publisher/Media Proprietor Dipl.-Ing. Dr. Stefan Haas Editing Mag. Walter Schönthaler and Michael Thomas Layout and Graphics Rosemarie Hochreiter Photos Andreas Amsuess, Stephan Doleschal, TÜV AUSTRIA Archive, shutterstock.com, fotolia.com Printing Jentzsch, 1210 Vienna www.tuv.at Contents 6 The Board – TÜV AUSTRIA – A Strong and Reliable Partner 9 Chairman of the Supervisory Boards – Exploit All Potentials 10 Interview with CEO Stefan Haas – We Shape the Future. With 270 Services Worldwide. 14 New Organizational Structure of TÜV AUSTRIA – A Partner for Every Situation 16 Designations and Accreditations – National and International Expertise
    [Show full text]
  • The Information on the Capital Market Calendar 2020 Included in This Annual Financial Report 2019 Has Been Revised
    The information on the Capital market calendar 2020 included in this Annual Financial Report 2019 has been revised. The dates published in the corporate news dated 27 March 2020 entitled “Postponement of the 73rd Annual General Meeting of VERBUND AG” are applicable. Vienna, 9 April 2020 VERBUND AG’s current capital market calendar can be found below: Event Date Record date for Saturday, 6 June 2020 Annual General Meeting Annual General Meeting Tuesday, 16 June 2020 Ex-dividend date Tuesday, 23 June 2020 Record date for dividends Wednesday, 24 June 2020 Dividend payment date Monday, 6 July 2020 Results and interim report Wednesday, 13 May 2020, 8:00 a.m. quarter 1/2020 Results and interim report Thursday, 30 July 2020, 8:00 a.m. quarters 1–2/2020 Results and interim report Thursday, 5 November 2020, 8:00 a.m. quarters 1–3/2020 Shaping a sustainable energy future. Our drive. Our energy. Annual Financial Report 2019 VERBUND Integrated Annual Report Design concept for charts and tables This report combines our annual financial report and our sustainability report. Column/bar width How should this report be used? Wide columns or bars represent The information in this integrated report focuses measurement parameters that can be on the main aspects of economic, environmental physically counted. and social performance. Examples: MW, GWh, employees Additional information about the content presented here can be found Medium columns or bars represent aggregate amounts. • in the Disclosures on Management Approach Examples: €k, €m, €bn (DMA) at www.verbund.com > Investor Relations > Financial reports, Narrow columns or bars represent amounts • in the GRI and TCFD Content Index at in euros per unit.
    [Show full text]