2011 Annual Report - OTCIQ.com

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194 Supervisory Board (and Information on Other Directorships Held by Supervisory Board Members) Honorary Chairman Prof. Dr. Günter Vogelsang Düsseldorf Supervisory Board Ulrich Hartmann Chairman of the Supervisory Board, E.ON AG (until May 5, 2011) Werner Wenning Chairman of the Supervisory Board, E.ON AG (since May 5, 2011) • Deutsche Bank AG • HDI V.a.G. • Talanx AG • Henkel AG & Co. KGaA (Shareholders’ Committee) • Freudenberg & Co. KG (Shareholders’ Committee) Erhard Ott Member of the National Executive Board, Unified Service Sector Union, ver.di, Deputy Chairman of the Supervisory Board, E.ON AG • Bremer Lagerhaus-Gesellschaft AG Werner Bartoschek Chairman of the Group Works Council, E.ON Ruhrgas AG • E.ON Ruhrgas AG Sven Bergelin Director of the National Energy Industry Group, Unified Service Sector Union, ver.di • E.ON Energie AG • E.ON Kernkraft GmbH Oliver Biniek (since September 30, 2011) Chairman of the Supervisory Board, E.ON Anlagenservice GmbH • E.ON Anlagenservice GmbH • E.ON Generation GmbH Gabriele Gratz Chairwoman of the European Works Council, E.ON AG • E.ON Ruhrgas AG Wolf-Rüdiger Hinrichsen (until September 30, 2011) Chairman of the Works Council, E.ON AG Ulrich Hocker General Manager, German Investor Protection Association • Deutsche Telekom AG • Feri Finance AG • Gildemeister AG • Gartmore SICAV (until June 15, 2011) • Phoenix Mecano AG (Chairman of the Board of Directors) Baroness Denise Kingsmill, CBE (since May 5, 2011) Attorney, Member of the House of Lords • Aprenergy plc • Betfair plc • International Consolidated Airlines Group S.A. • Korn/Ferry International Limited Prof. Dr. Ulrich Lehner Member of the Shareholders’ Committee, Henkel AG & Co KGaA • Deutsche Telekom AG (Chairman) • Henkel Management AG • HSBC Trinkaus & Burkhardt AG (until June 7, 2011) • Porsche Automobil Holding SE • ThyssenKrupp AG • Dr. Oetker KG (Advisory Board) • Henkel AG & Co. KGaA (Shareholders’ Committee) • Novartis AG (Administrative Council) Bård Mikkelsen Businessman, former President and Chief Executive Officer, Statkraft AS • Bore Tech AB (Chairman) • Cermaq ASA (Chairman) • Clean Energy Invest AS (Chairman) • Ganger Rolf ASA/Bonheur ASA (Shareholders’ Committee) • Powel AS (Chairman) • Saferoad AS • Store Norske Spitsbergen Kulkompani AS (Chairman) René Obermann (since May 5, 2011) Chief Executive Officer, Deutsche Telekom AG • T-Systems International GmbH (Chairman) • T-Mobile US Inc. (Chairman) Board of Directors Hans Prüfer Chairman of the Group Works Council, E.ON AG Information as of December 31, 2011, or as of the date on which membership in the E.ON Supervisory Board ended. • Directorships/supervisory board memberships within the meaning of Section 100, Paragraph 2 of the German Stock Corporation Act. • Directorships/memberships in comparable domestic and foreign supervisory bodies of commercial enterprises.
Klaus Dieter Raschke Chairman of the Group Works Council, E.ON Energie AG • E.ON Energie AG • E.ON Kernkraft GmbH Dr. Walter Reitler Senior Vice President of HSE and Corporate Responsibility, E.ON Energie AG • E.ON Energie AG Hubertus Schmoldt Economist • Bayer AG • BP Europa SE (until May 6, 2011) • DOW Olefinverbund GmbH • RAG Aktiengesellschaft Dr. Henning Schulte-Noelle Chairman of the Supervisory Board, Allianz SE • Allianz SE (Chairman) Dr. Karen de Segundo Attorney • British American Tobacco plc • Ensus Ltd. (until September 24, 2011) • Koninklijke Ahold N.V. (until April 20, 2011) • Lonmin plc • Pöyry Oyj Dr. Theo Siegert Managing Partner, de Haen-Carstanjen & Söhne • Deutsche Bank AG • Henkel AG & Co. KGaA • Merck KGaA • DKSH Holding Ltd. • E. Merck OHG Prof. Dr. Wilhelm Simson Chemist (until May 5, 2011) • Hochtief AG (until May 12, 2011) • E.ON Energie AG (since October 9, 2011) • Freudenberg & Co. KG (until June 25, 2011) Dr. Georg Frhr. von Waldenfels Attorney • Georgsmarienhütte Holding GmbH • Rothenbaum Sport GmbH (Chairman) Hans Wollitzer Chairman of the Company Works Council, E.ON Energie AG • E.ON Energie AG • E.ON Bayern AG CEO Letter E.ON Stock Combined Group Management Report Consolidated Financial Statements Corporate Governance Report Supervisory Board and Board of Management Tables and Explanations Supervisory Board Committees Mediation Committee Werner Wenning, Chairman Erhard Ott, Deputy Chairman Hans Prüfer Dr. Henning Schulte-Noelle Executive Committee Werner Wenning, Chairman Erhard Ott, Deputy Chairman Hans Prüfer Dr. Henning Schulte-Noelle Audit and Risk Committee Dr. Theo Siegert, Chairman Klaus Dieter Raschke, Deputy Chairman Werner Bartoschek Werner Wenning Finance and Investment Committee Werner Wenning, Chairman Hans Wollitzer, Deputy Chairman Oliver Biniek Gabriele Gratz Prof. Dr. Ulrich Lehner Dr. Henning Schulte-Noelle Nomination Committee Werner Wenning, Chairman Prof. Dr. Ulrich Lehner Dr. Henning Schulte-Noelle Information as of December 31, 2011, or as of the date on which membership in the E.ON Supervisory Board ended. • Directorships/supervisory board memberships within the meaning of Section 100, Paragraph 2 of the German Stock Corporation Act. • Directorships/memberships in comparable domestic and foreign supervisory bodies of commercial enterprises. 195
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2011 Annual Report
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Contents 2 CEO Letter 4 E.ON Stock
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Europe’s energy markets are conso
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Dividend At the 2012 Annual Shareho
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Global Units We manage all our oper
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How will we achieve all this? The f
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Top performance requires efficient
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The Energy Roadmap 2050 adopts a sc
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Macroeconomic Environment In 2011,
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Energy Prices Four main factors dro
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Attributable Generating Capacity Th
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The Russia unit generated about 94
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Gas Sales On a consolidated basis,
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Sales Our sales rose by 22 percent
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Sales at the UK regional unit decli
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E.ON generates a significant portio
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Distribution Networks’ EBITDA dec
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and coal-fired power stations. Of t
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Analyzing Value Creation by Means o
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Cash Flow and Financial Position E.
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In addition to our DIP, we have a
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E.ON AG’s Earnings, Financial, an
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Employees HR Strategy The knowledge
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Workforce Figures At year-end 2011,
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Technology and Innovation In 2011,
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The ERC was founded in 2006. Its mi
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Risk Management and Insurance E.ON
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Strategic Risks Our business strate
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E.ON is building a hard-coal-fired
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waste.” The draft legislation men
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In 2012, Sweden will introduce a ne
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Due to lower commodity prices and u
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We anticipate Renewables’ earning
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Opportunities We conduct a bottom-u
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Audit Opinion According to § 322 A
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CEO Letter E.ON Stock Combined Grou
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Additional information on the State
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Business Combinations Business comb
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Newly created goodwill is allocated
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Subsequent costs arising, for examp
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Instruments commonly used are forei
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future exercise price. This amount
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Contingent liabilities are possible
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(2) New Standards and Interpretatio
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and joint operations. The provision
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The amended standard also contains
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Russian Federation. The proceeds fr
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The gains on the disposal of invest
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The decrease in tax expense by €3
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Of the deferred taxes reported, a t
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Stock Appreciation Rights of E.ON A
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The fees for financial statement au
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Of this total, an amount of €160
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(15) Companies Accounted for under
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The individual impaired receivables
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(20) Additional Paid-in Capital As
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Description of the Benefit Obligati
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Description of Plan Assets Defined
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Taking into account periodic additi
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(25) Miscellaneous Provisions The f
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Advance payments made to other wast
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At year-end 2011, the following EIF
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Construction grants of €2,857 mil
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In Sweden, owners of nuclear facili
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Competition in the gas market and i
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Pursuant to the information availab
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The fair value of shareholdings in
Page 145 and 146: The following two tables illustrate
Page 147 and 148: Risk Management Principles The pres
Page 149 and 150: A sensitivity analysis was performe
Page 151 and 152: Virtually all of the investments in
Page 153 and 154: Under IAS 24, compensation paid to
Page 155 and 156: Net book gains in 2011 decreased by
Page 157 and 158: CEO Letter E.ON Stock Combined Grou
Page 159 and 160: (34) Compensation of Supervisory Bo
Page 161 and 162: Notes (36) List of Shareholdings Pu
Page 177 and 178: In addition to the Company’s peri
Page 179 and 180: The Supervisory Board has establish
Page 181 and 182: and the Consolidated Financial Stat
Page 183 and 184: Compensation of the Members of the
Page 185 and 186: The Supervisory Board, at its discr
Page 187 and 188: the E.ON Group’s ROCE and prior-y
Page 189 and 190: Compensation of the Members of the
Page 191 and 192: The remaining other compensation of
Page 193 and 194: In addition, the Board of Managemen
Page 195: We examined the Board of Management
Page 199 and 200: At the Board of Management’s disc
Page 201 and 202: Further information about financial
Page 203 and 204: Assessment After companies have doc
Page 207 and 208: Glossary of Financial Terms Actuari
Page 209 and 210: Prepayments and accrued income Line
Page 211: Financial Calendar May 3, 2012 2012
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