• Balance Sheet
• Income Statement
• Statement of Changes in Equity
• Segment Reporting
• Cash Flow Statement
• Notes to the Consolidated Financial Statements
  • Notes to the Consolidated Financial Statements
    • General principles
    • Changes in accounting policies
    • Implications of new accounting standards not yet requiring application
    • Scope of consolidation and changes in the scope of consolidation
    • Scope of Consolidation of the MVV Energie Group
    • Consolidation methods
    • Currency translation
    • Accounting policies
    • Measurement uncertainties
    • Discretionary decisions in the application of accounting policies
    • Uncertainties involved in estimates
  • Notes on the Balance Sheet
  • Notes on the Income Statement
• Directors & Officers
• Audit Opinion
• Multi-Year Overview

General principles

The consolidated financial statements of the MVV Energie Group have been compiled pursuant to Section 315a (1) of the German Commercial Code (HGB) in accordance with the International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB) and the interpretations of the International Financial Reporting Interpretation Committee (IFRIC) as applicable in the EU. Full application has been made of all of the standards of the International Accounting Standards Board (IASB) and interpretations of the International Financial Reporting Interpretations Committee (IFRIC) requiring mandatory application as of 30 September 2007.

The consolidated financial statements have been compiled as of the reporting date for the annual financial statements of MVV Energie AG and refer to the 2006/07 financial year (1 October 2006 to 30 September 2007). MVV Energie AG has its legal domicile in Mannheim, Germany. The MVV Energie Group acts as an energy distributor and service provider in the fields of electricity, district heating, gas, water, environmental energy and value-added services. The activities in the environmental energy segment focus on the incineration of non-recyclable waste. The consolidated financial statements have been compiled in euros. Unless otherwise indicated, all amounts have been stated in thousand euros (Euro 000s).

In addition to the balance sheet and income statement, the statement of changes in equity, the segment report and the cash flow statement have been presented separately. The income statement has been compiled in accordance with the total cost method. In the interests of clarity, individual items have been presented in summarised form in the balance sheet and income statement and broken down and outlined separately in the notes.

The consolidated financial statements and group management report were compiled by the Executive Board and approved to be forwarded to the Supervisory Board for adoption and publication on 27 November 2007. They were subsequently presented to the Supervisory Board for inspection.