Segment reports
In line with its strategic realignment, MVV Energie has also amended its internal planning and control approach starting in the 2010/11 financial year. The previous product-based reporting segments of electricity, district heating, gas, water, value-added services and environmental energy were still valid in the 2009/10 financial year.
These are being replaced by the following reporting segments newly defined in line with the new management perspective and as the Group’s topmost control and reporting level:
The new planning and control approach is based on a uniform group-wide value creation stage model across the Mannheim, Kiel and Offenbach locations. Together with a joint operating process model, this will enable us to tap synergies in order to raise the global optimum within the MVV Energie Group.
Within the framework of our new planning and control approach, our external reporting was also be adapted to the new reporting segments from the 2010/11 financial year. The business fields will be allocated to these segments in line with their respective value creation stage.
The GENERATION AND INFRASTRUCTURE reporting segment includes the conventional power plants, energy from waste plants and biomass power plants at the MVV Energie AG, Stadtwerke Kiel AG (SWK), Energieversorgung Offenbach AG (EVO) and MVV Umwelt GmbH subgroups, as well as the waterworks and the new wind power portfolio. Furthermore, it also includes grid facilities for electricity, heating energy, gas and water (assets) and the technical service units allocated to the grids business field.
The TRADING AND PORTFOLIO MANAGEMENT reporting segment consists of energy procurement and portfolio management, as well as the energy trading business at MVV Trading GmbH.
The SALES AND SERVICES reporting segment contains the retail business at the MVV Energie AG, SWK and EVO subgroups, as well as at SECURA Energie GmbH. It includes supplies of electricity, heating energy, gas and water to end customers, as well as the energy-related services business at the MVV Energiedienstleistungen GmbH and EVO subgroups
The STRATEGIC INVESTMENTS includes the Stadtwerke Ingolstadt GmbH, Köthen Energie GmbH, MVV Energie CZ a.s. and Stadtwerke Solingen GmbH subgroups. The Ingolstadt and Solingen subgroups are proportionately recognised.
OTHER ACTIVITIES relates to the new company Shared Services Center GmbH and cross-divisional activities