MVV Energie AG - Annual Report 2007/2008



District Heating Segment


District Heating Turnover
of the MVV Energie Group1
kWh million

2007/2008 2006/2007

% change

District Heating      
   End Customers      
      of which industrial and commercial customers 1,638 1,511 +8
      of which private and business custumers 2,900 2,935 -1
  4,538 4,446 +2
       
   Secondary distributors 686 591 +16
  5,224 5,037 +4
       
Steam      
   Industrial and commercial customers2 337 156 +116
  5,561 5,193 +7
       
   External sales in Euro million 303 272 +11
   EBIT in Euro million 39 42 -7
   EBIT befor IAS 39 in Euro million 38 42 -10

1 excluding district heating turnover in environmental energy and value-added services segments
2
correction in previous year's figure

 

District heating is the third-largest business segment of the MVV Energie Group in terms of sales and its operating earnings (EBIT) contribution before IAS 39. District heating based on cogeneration has witnessed a political renaissance due to the Federal Government’s energy and climate programme. The construction and modernisation of cogeneration plant and expansion of related district heating grids are being subsidised by the Federal Government with up to Euro 750 million a year.

 



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