Facts and figures Brief p - EnBW

Board of Management and Supervisory Board
Dear Letter shareholders, to our shareholders
investors and friends of EnBW,
As Dear a leading shareholders, integrated energy company in Europe, EnBW Energie Baden-
Württemberg investors and friends AG pursues of EnBW, the goal of sustainable profitable growth.
Accordingly, the focus of our corporate strategy is on securing our existing
business As a leading and integrated consistently energy exploiting company growth in Europe, potential EnBW as well Energie as on Baden- continuing
Württemberg our investment AG pursues programme. the goal We of sustainable want to be profitable a partner growth. for our Accordingly,
customers.
Whether the focus private of our corporate households, strategy municipal is on securing utilities or our small existing and mediumsized
business and
and
consistently
large industrial
exploiting
customers
growth potential
are concerned,
as well as
our
on
aim
continuing
must always
our investment
be to
programme. We want to be a partner for our customers. Whether private
meet customer requirements better than the competition.
households, municipal utilities or small and medium-sized and large industrial
customers are concerned, our aim must always be to meet customer require-
This focus on customers and the competition is also one of the reasons for
ments better than the competition.
EnBW’s good operational development throughout fiscal year 2008 and the
further This focus improvement on customers in and the EnBW the competition group’s economic is also one situation. of the reasons With around for
20,000 EnBW’s good employees, operational EnBW development 130.5 billion throughout kilowatt-hours fiscal year of electricity 2008 and and the
69.8 further billion improvement kilowatt-hours in the EnBW of gas group’s in the reporting economic situation. year to its With roughly around six
million 20,000 customers, employees, thereby EnBW sold reinforcing 130.5 billion its position kilowatt-hours Germany’s of electricity third-largest and
energy 69.8 billion supplier. kilowatt-hours In detail, the of gas key in indicators the reporting developed year to its as follows: roughly six million
customers, thereby reinforcing its position as Germany’s third-largest energy
supplier. In detail, the key indicators developed as follows:
>Revenue grew to € 16,305.4 million. This is 10.8 per cent more than in the
prior year.
> Revenue grew to € 16,305.4 million. This is 10.8 per cent more than in the
prior year.
>Earnings before interest, taxes, depreciation and amortisation adjusted
> Earnings before interest, taxes, depreciation and amortisation adjusted
for for non-operating non-operating effects effects (adjusted (adjusted EBITDA) EBITDA) increased increased by by 11.5 11.5 per per cent cent to to
€ 2,595.6 € 2,595.6 million. million. Adjusted Adjusted earnings earnings before before taxes taxes and and interest interest (adjusted (adjusted EBIT)
improved EBIT) improved by 14.8 per by cent 14.8 per to € cent 1,793.9 to € million. 1,793.9 million.
> Group net profit in terms of the profit shares attributable to the equity
>Group holders net of profit EnBW in AG terms reached of the € 871.8 profit million. shares The attributable 36.1 per cent to drop the equity compared
holders to 2007 of EnBW is due AG on reached the one hand € 871.8 to million. a special The effect 36.1 recognised per cent drop in the comcomprior pared
year
to
in
2007
connection
is due on
with
the
the
hand
business
to a special
tax reform
effect recognised
and, on the
in
other,
the prior
to impairment
losses recognised on the electricity and gas networks and our
year in connection with the business tax reform and, on the other, to
financial investments in the reporting year. Adjusted for these special effects,
impairment losses recognised on the electricity andgas networks and our
group net profit in terms of the profit shares attributable to the equity
financial investments in the reporting year. Adjusted for these special
holders of EnBW AG (adjusted group net profit) grew by 32.9 per cent to
effects,
€ 1,091.3
group
million.
net profit in terms of the profit shares attributable to the
equity holders of EnBW AG (adjusted group net profit) grew by 32.9 per cent
to Overall, € 1,091.3 EnBW million. has thus achieved its ambitious economic targets and successfully
strengthened its segments. In light of the positive development of
Overall, operations, EnBW we will has propose thus achieved a dividend its distribution ambitious of economic € 2.01 per targets share to and the
successfully annual general strengthened meeting on its 23 segments. April 2009. In This light distribution of the positive marks development
a yearon-year
increase of 33 per cent in dividends paid.
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