Annual report 2008/09 - Axpo Group
Annual report 2008/09 - Axpo Group
Annual report 2008/09 - Axpo Group
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<strong>Group</strong> structure<br />
and shareholders<br />
<strong>Group</strong> structure<br />
In operational terms, <strong>Axpo</strong> <strong>Group</strong> is<br />
managed via the subsidiary companies<br />
of <strong>Axpo</strong> Holding AG and by the <strong>Group</strong><br />
head offi ce. The subsidiaries are:<br />
− <strong>Axpo</strong> AG (until 30.9.20<strong>09</strong> NOK),<br />
comprising<br />
• Power generation, transmission,<br />
distribution and supply in Northeastern<br />
Switzerland,<br />
• Electricity trading,<br />
• Electricity products, energy<br />
services<br />
− Centralschweizerische Kraftwerke<br />
AG (CKW), comprising<br />
• Power generation, transmission,<br />
distribution and supply in Central<br />
Switzerland,<br />
• Electricity trading,<br />
• Energy services.<br />
− Elektrizitäts-Gesellschaft Laufenburg<br />
AG (EGL), comprising<br />
• Power generation, transmission<br />
and supply in Switzerland<br />
and Europe,<br />
• International trading with power,<br />
gas and energy-related fi nancial<br />
products.<br />
− <strong>Axpo</strong> Informatik AG, comprising<br />
IT support, consulting and services<br />
as well as the operation of infrastructure<br />
and applications for the<br />
<strong>Axpo</strong> <strong>Group</strong> companies and several<br />
affi liated cantonal utilities.<br />
<strong>Axpo</strong> <strong>Group</strong>’s management and corporate<br />
structures are presented on pages<br />
41 and 42. The tables listing the fully<br />
consolidated and equity-consolidated<br />
companies and the equity-consolidated<br />
partner plants can be found on pages<br />
60 to 63.<br />
Subsidiaries listed<br />
on the stock exchange<br />
The registered shares of the Lucernebased<br />
Centralschweizerische Kraftwerke<br />
AG are listed on the SIX Swiss Exchange<br />
under security number 2060 347 (ISIN<br />
CH0020603475; Telekurs code CKWN).<br />
Market capitalization as of 30 September<br />
20<strong>09</strong> amounted to CHF 2<strong>09</strong>6.9 million<br />
at a share price of CHF 353. <strong>Axpo</strong> Holding<br />
AG owns 74.8 %.<br />
The bearer shares of the Laufenburg-based<br />
Elektrizitäts-Gesellschaft<br />
Laufenburg AG are listed on the SIX<br />
Swiss Exchange under security number<br />
328822 (ISIN CH0003288229; Telekurs<br />
code EGL). Market capitalization as of<br />
30 September 20<strong>09</strong> amounted to CHF<br />
2904 million at a share price of CHF<br />
1100. <strong>Axpo</strong> Holding AG owns 91 %.<br />
Shareholders<br />
The <strong>Axpo</strong> Holding AG shares are wholly<br />
owned by the cantons of Northeastern<br />
Switzerland and the corresponding<br />
cantonal utilities. As of 30 September<br />
20<strong>09</strong> these were:<br />
The shareholders of <strong>Axpo</strong> Holding AG<br />
in % in CHF million<br />
Canton of Zurich 18.342 67.9<br />
Utilities of Canton of Zurich 18.410 68.1<br />
Canton of Aargau 13.975 51.7<br />
AEW Energie AG 14.026 51.9<br />
SAK Holding AG 12.501 46.3<br />
EKT Holding AG 12.251 45.3<br />
Canton of Schaffhausen 7.875 29.1<br />
Canton of Glarus 1.747 6.5<br />
Canton of Zug 0.873 3.2<br />
Total share capital 100.000 370.0
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