Including Minority Interests

In Euro 1000	Share capital of MVV Energie AG		Capital reserves of MVV Energie AG		Legal and other retained earnings/ Consoli- dation		Differences in amounts from currency translations		Market valuation from financial instru- ments		Total net earnings of the MVV Energie Group		Capital of the MVV Energie Group		Minority interests		Totals
Status as of 1/10/2001	129,797		178,270		231,259		-77		–		34,437		573,686		99,484		673,170
Dividend yield	–		–		–		–		–		-38,027		-38,027		-7,307		-45,334
Net earnings after taxes	–		–		–				–		50,428		50,428		6,869		57,297
Changes in retained earnings	–		–		752		–		–		-752		–		–		–
Currency adjustments	–		–		–		3,170		–		–		3,170		288		3,458
Changes in the scope of consolidation	–		–		–		–		–		–		–		8,501		8,501
Adjustments not affecting earnings (IAS 39)	–		–		–		–		786		–		786		1,563		2,349
Status as of 30/9/2002	129,797		178,270		232,011		3,093		786		46,086		590,043		109,398		699,441
Dividend yield	–		–		–		–		–		-38,027		-38,027		-8,248		-46,275
Net earnings after taxes	–		–		–		–		–		152,439		152,439		6,636		159,075
Changes in retained earnings	–		–		8,380		–		–		-8,380		–		–		–
Currency adjustments	–		–		–		-4,487		–		–		-4,487		-1,444		-5,931
Changes in the scope of consolidation	–		–		-17,905		–		–		-15,486		-2,419		2,041		-378
Adjustments not affecting earnings (IAS 39)	–		–		–		–		220		–		220		-386		-166
Status as of 30/9/2003	129,797		178,270		222,486		-1,394		1,006		167,604		697,769		107,997		805,766