business plan for 2004 - EDP

The first, the Institutional Report, is intended to be a prime source of
knowledge of the EDP Group. The document begins with the Vision, Mission
and Values of the EDP Group and ends with the Outlook for 2004 and
Acknowledgements. We draw your attention to the chapter on Corporate
Governance, providing greater detail than in previous years and complying
with the provisions of Portuguese CMVM (Securities Market Commission)
Regulation 11/2003.
The second, the Financial Report, provides full, clear information and
financial analysis, directed particularly at a more specialised public. It
endeavours not only to comply with legal requirements but also to improve
the analysis of the fundamental variables of the business of the EDP Group.
The presentation of all of the financial information, both at the level of
financial analysis and at the level of the financial statements, is undertaken
using the IFRS – International Financial Reporting Standards format
established by the IASB – International Accounting Standards Board, instead
of the POC-Portuguese Official Plan of Accounts. The Financial Report
includes five chapters, namely Financial Analysis, Transition to International
Accounting Standards, Financial Statements, Accounting Information
required by the POC and the Financial Statements Auditing and Certification
Documents.
The third consists of EDP’s first Sustainability Report. This report
constitutes an evolution from the Environmental Report published in recent
years and bears witness to EDP’s commitment to the principles of Sustainable
Development defined at the beginning of 2004.The Sustainability Report has
been drawn up on the basis of the guidelines established by the Global
Reporting Initiative.
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