DRAVA, KUPA, RJE»INA, LOKVARKA, LI»ANKA LIKA, DOBRA ...

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CREDIT RATING In September 2010, Standard&Poor’s downgraded Hrvatska Elektroprivread’s credit rating from BB+ to BB, and in December, as a consequence of the downgraded Croatia’s sovereign rating, to BB- with stable outlook. HEP’s credit rating: Credit rating history BB- /Stable/ Local currency Foreign currency November 13, 1998 BBB BBB- July 19, 2005 BBB BBB October 28, 2008 BBB /Negative/ February 23, 2009 BBB- /Watch Neg/ April 23, 2009 BB+ /Watch Neg/ September 7, 2009 BB+ /Negative/ September 23, 2010 BB /Negative/ December 22, 2010 BB- /Stable/ 37 HEP ANNUAL REPORT 2010 CHAPTER 3 - HEP’S BUSINESS OPERATIONS IN 2010
REPORT ON IMPACT ON HEP GROUP STAKEHOLDERS SOCIAL RESPONSIBILITY BASIC PRINCIPLES IN RELATIONS WITH STAKEHOLDERS ANTI-CORRUPTION PROGRAM EMPLOYEES CUSTOMERS DONATIONS
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Page 3 and 4: HEP ANNUAL REPORT 2010 2 HEP GROUP
Page 5 and 6: HEP ANNUAL REPORT 2010 CHAIRMAN’S
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Page 9: COMPANY PROFILE MISSION, VISION AND
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Page 14 and 15: Plomin Holding d.o.o. develops loca
Page 16 and 17: ELECTRICITY PRODUCTION The Governme
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Page 29: HEP'S BUSINESS OPERATIONS IN 2010 B
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Page 34 and 35: OPERATING EXPENSES The Group’s op
Page 36 and 37: ELECTRICITY SALES (GWh) 2010 2009 2
Page 49: SUSTAINABLE DEVELOPMENT POLICY AND
Page 52 and 53: ECOLOGICAL NETWORK Upon the coming
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HEP ANNUAL REPORT 2010 88 CHAPTER 6
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REPORTS BY HEP GROUP COMPANIES WITH
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ORGANIZATION CHART HYDRO PRODUC- TI
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ELECTRICITY AND HEAT PRODUCTION IN
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EMPHASIS OF MATTER Revenue recognit
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HEP-PROIZVODNJA d.o.o. STATEMENT OF
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HEP-PROIZVODNJA d.o.o. STATEMENT OF
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In conclusion, I can say that busin
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FINANCIAL STATEMENTS INDEPENDENT AU
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HEP OPERATOR PRIJENOSNOG SUSTAVA d.
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HEP OPERATOR PRIJENOSNOG SUSTAVA d.
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Overseeing the quality of services
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FINANCIAL STATEMENTS INDEPENDENT AU
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HEP OPERATOR DISTRIBUCIJSKOG SUSTAV
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HEP OPERATOR DISTRIBUCIJSKOG SUSTAV
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ORGANIZATION CHART ECONOMIC AFFAIRS
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MODIFIED OPINION In our opinion, ex
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HEP TOPLINARSTVO d.o.o. STATEMENT O
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HEP TOPLINARSTVO d.o.o. STATEMENT O
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ORGANIZATION CHART LEGAL AND GENERA
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ENERGY BALANCE (10 3 m 3 ) 2009 201
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HEP PLIN d.o.o. INCOME STATEMENT FO
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HEP PLIN d.o.o. STATEMENT OF FINANC
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DRAVA, KUPA, RJE»INA, LOKVARKA, LI»ANKA LIKA, DOBRA ...

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