MVV Energie AG - Anual Report 2003/2004| MVV Energie Group1 Euro million |
unadjusted 2003/2004 |
unadjusted 2002/2003 |
adjusted 2 2003/2004 |
adjusted 3 2002/2003 |
adjusted % change |
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| Sales4 | 1,652 | 1,438 | 1,652 | 1,438 | +15 | |||||||||||||
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| EBITDA | 209 | 359 5 | 236 | 235 5 | – | |||||||||||||
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| EBITA | 55 | 257 | 106 | 134 | -21 | |||||||||||||
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| EBIT | 41 | 244 | 97 | 121 | -20 | |||||||||||||
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| EBT | -23 | 184 | 36 | 61 | -41 | |||||||||||||
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| Annual net deficit/surplus | -38 | 159 | 19 | 32 | -41 | |||||||||||||
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| Annual net deficit/surplus after minority interests |
-44 | 152 | 12 | 25 | -52 | |||||||||||||
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| Earnings6 per share in Euro | -0.86 | 3.01 | 0.24 | 0.50 | -52 | |||||||||||||
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| Cash flow pursuant to DVFA/SG | 158 | 150 7 |
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| Total assets 8 | 2,877 | 2,348 | ||||||||||||||||
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| Equity |
849 | 806 | ||||||||||||||||
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| Equity ratio 9 in % | 29.5 | 34.3 | ||||||||||||||||
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| Capital Employed 10 | 2,055 | 1,838 | ||||||||||||||||
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| ROCE 11 in % | 2.7 | 14.0 | ||||||||||||||||
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| WACC 12 in % | 8.0 | 8.8 | ||||||||||||||||
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| Value Spread 13 in % | -5.3 | 5.2 | ||||||||||||||||
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| Investments | 307 | 181 | ||||||||||||||||
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| Number of employees 14 | 6,957 | 5,727 | ||||||||||||||||
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1
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in accordance with International Financial Reporting Standards (IFRS) | |
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2
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in the year under report excluding one-off expenses for streamlining of portfolio and impairment tests | |
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3
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in the previous year excluding income from sale of GVS shares, remaining income from GVS shareholding and expenses on measures to raise competitiveness | |
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4
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energy trading sales reported net, i.e. only at level of gross profit generated and reclassification of release of income subsidies as depreciation (previous year adjusted) | |
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5
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amended figure due to reclassification of income subsidies (previous year adjusted) | |
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6
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in accordance with IAS 33 | |
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7
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amended figure due to reclassification of income subsidies (previous year adjusted) | |
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8
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net reporting of part-payments on consumption invoices and of income subsidies (previous year adjusted) | |
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9
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equity as a proportion of total assets | |
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10
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equity plus financial liabilities plus provisions for pensions and similar obligations plus cumulative goodwill amortisation (calculation based on annual average) | |
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11
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return on capital employed (EBITA as a proportion of capital employed) | |
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12
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weighted average cost of capital | |
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13
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value spread (ROCE less WACC) | |
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14
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including external personnel at energy from waste plant (MHKW) of MVV Energie AG in Mannheim | |
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