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FINANCIAL RESULTS Q1 2011 - Statkraft

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SEGMENTS – BREAKDOWN (II)<br />

NOK<br />

million<br />

120<br />

100<br />

80<br />

WIND POWER<br />

114<br />

69<br />

NOK<br />

million<br />

120<br />

100<br />

80<br />

DISTRICT HEATING<br />

115<br />

96<br />

68<br />

NOK<br />

million<br />

1 200<br />

800<br />

INDUSTRIAL OWNERSHIP<br />

1 169 1 162<br />

792<br />

785<br />

60<br />

60<br />

43<br />

40<br />

26<br />

40<br />

400<br />

20<br />

5<br />

20<br />

0<br />

Net operating<br />

EBITDA<br />

revenues<br />

<strong>Q1</strong> <strong>2011</strong> <strong>Q1</strong> 2010<br />

0<br />

Net operating<br />

EBITDA<br />

revenues<br />

<strong>Q1</strong> <strong>2011</strong> <strong>Q1</strong> 2010<br />

0<br />

Net operating revenues<br />

<strong>Q1</strong> <strong>2011</strong> <strong>Q1</strong> 2010<br />

EBITDA<br />

Increased revenues due to higher<br />

power prices and power<br />

generation<br />

Project and development activities<br />

impact profits<br />

Generation of 246 GWh (150)<br />

Contribution from associates<br />

NOKm -22 (-17)<br />

Increased profit due to higher<br />

prices<br />

District heating generation of<br />

341 GWh (384)<br />

Higher prices, but lower power<br />

generation in Skagerak Energi<br />

Increased profit from retail power<br />

sales activities in Fjordkraft<br />

Share of profit from associates<br />

NOKm 258 (329), following weak<br />

Nordic resource situation and<br />

reported loss from energy<br />

contracts<br />

Page 13<br />

Underlying operations: Adjusted for material non-recurring items and unrealised changes in value

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