At Euro 194 million, sales in the environmental energy segment were at the same level as in the financial year 2007/08. Of segment sales in the 2008/09 financial year, a sum of Euro 154 million was generated from waste incineration at our Mannheim, Offenbach and Leuna locations (previous year: Euro 157 million). We generated sales of Euro 40 million in our energy business, i.e. from the generation of electricity and steam, in the year under report (previous year: Euro 37 million).

Adjusted EBIT declined in the financial year 2008/09 year-on-year by Euro 10 million to Euro 71 million. In conjunction with excess capacity at incineration plants in Germany, the economic downturn led commercial waste prices to fall in the waste business. Moreover, earnings were also negatively affected by downtime at the energy from waste plants in Mannheim and Leuna due to inspection measures and interruptions to operations. These led to increased costs for the procurement of gas, as well as for reorganisation, temporary storage and maintenance measures, especially at Boilers 2 and 3, which are more than 40 years old. The new Boiler 6 will commence operations in December 2009.