Annual report 2008/09 - Axpo Group

Annual Report Axpo Holding AG
68 – 69
Energy business
2008/09
AXPO
AG
Group
2007/08
AXPO
AG
Group
2008/09
CKW-
Group
2007/08
CKW-
Group
2008/09
EGL
Group
2007/08
EGL
Group
2008/09
Other +
consolidation
1)
2007/08
Other +
consolidation
1)
2008/09
Total
2007/08
Energy sales
in million kWh 28 959 29 764 5 584 5 422 29 030 32 925 – 801 – 983 62 772 67 128
Income statement 2008/09 (condensed), in million CHF
2008/09
AXPO
AG
Group
2007/08
AXPO
AG
Group
2008/09
CKW-
Group
2007/08
CKW-
Group
2008/09
EGL
Group
2007/08
EGL
Group
2008/09
Other +
consolidation
1)
2007/08
Other +
consolidation
1)
2008/09
Total
Total
2007/08
Net sales
Other operating
2 660 2 624 818 755 3 958 4 167 2 – 54 7 438 7 492
income2) 43 38 34 38 32 27 3 4 112 107
Revenues 2 703 2 662 852 793 3 990 4 194 5 – 50 7 550 7 599
Energy procurement,
grid utilisation and
cost of goods
Material and
– 1 757 – 1 564 – 402 – 325 – 3 147 – 3 386 49 18 – 5 257 – 5 257
third party supplies – 111 – 103 – 27 – 30 – 16 – 18 – 10 – 6 – 164 – 157
Personnel expenses
Other
– 232 – 216 – 147 – 138 – 150 – 136 – 46 – 43 – 575 – 533
operating expenses – 204 – 145 – 80 – 60 – 234 – 171 44 42 – 474 – 334
Total operating
expenses – 2 304 – 2 028 – 656 – 553 – 3 547 – 3 711 37 11 – 6 470 – 6 281
Earnings before
interest, tax,
depreciation and
amortisation (EBITDA)
Depreciation and
399 634 196 240 443 483 42 – 39 1 080 1 318
amortisation – 14 – 34 – 60 – 48 – 113 – 50 – 45 – 8 – 232 – 140
Earnings before
interest and tax (EBIT) 385 600 136 192 330 433 – 3 – 47 848 1 178
Share of profi t
of associates 29 31 7 8 2 13 5 4 43 56
Financial result – 32 53 101 2 – 84 – 31 – 184 10 – 199 34
Profi t before tax 382 684 244 202 248 415 – 182 – 33 692 1 268
Income tax expenses – 67 – 138 – 2 – 33 – 61 – 100 6 6 – 124 – 265
Profi t for the period 315 546 242 169 187 315 – 176 – 27 568 1 003
Attributable to:
Axpo Holding
shareholders 321 549 238 166 187 315 – 250 – 108 496 922
Minority interests – 6 – 3 4 3 0 0 74 81 72 81
1) Other + consolidation includes Axpo Holding AG and Axpo Informatik AG, and the effects of consolidation.
2) Includes changes in inventories and capitalised production costs.
Total