Statkraft

Key figures

 

Financials (NOK million)Q32011Q320102010
Income statement   
Gross operating revenues4 4044 36329 252
EBITDA2 7392 00015 955
Operating profit2 1761 36312 750
Pre-tax profit-1 1931 62712 599
Net profit-1 5831 1637 451
                                                   
Underlying results 1   
Underlying EBITDA11 7511 83015 161
Underlying operating profit11 1881 19312 618
                                                     
Underlying EBITDA-margin1,241.8 %41.1 %52.3 %
Underlying ROACE before tax1,318.2 %16.7 %19.7 %
                                                    
Cash flow (YTD)   
Cash flow from operating activities5 7817 40613 307
Gross investments4 8712 5523 740
FFO4                                                      12 78112 73614 705
Cash and cash equivalents14 7025 27520 052
   
Balance sheet   
Equity68 93658 14275 302
Interest bearing debt                            39 93342 62740 486
    
FFO interest coverage59.39.310.5
FFO /debt632.0 %29.9 %36.3 %
Rating - Standard & PoorsA-A-A-
Rating - Moody'sBaa1Baa1Baa1
    
Generation and marketQ32011Q320102010
Actual production (TWh)   
Hydro power10.09.550
Gas power0.70.96.6
Wind power0.10.10.6
Total10.910.657.3
    
Norway7.98.044.0
Nordic (excl Norway)1.51.35.8
Europe (excl Nordic)0.90.85.7
World (excl Europe)0.60.41.9
Total10.910.657.4
    
Market prices (EUR/MWh)   
System price NordPool36.045.953.1
EEX spot price (base)49.243.844.6
Gas spot price TTF21.918.917.4
   
Capacities20102009 
Installed capacity (MW)16 01015 806 
Production capacity (TWh)751.751.2 
Production cost (NOK/MWh)7.127.03 
1Adjusted for unrealised changes in value and significant non-recurring items

2Underlying operating profit before depreciation x 100
                Gross operating revenues

3Underlying operating profit x 100 
       Average capital employed
Calculated over 12 month rolling period

4Cash flow from operating activities prior to changes in short items
Calculated over 12 month rolling period 

5FFO + interest expenses
      Interest expenses  
 
6         FFO                
   Interest bearing debt

7 Excluding gas power