Statkraft

Key figures

 

Financials (NOK million)6m20106m20092009
Income statement   
Gross operating revenues15 95012 92925 675
EBITDA8 7235 5099 769
Operating profit7 2254 2177 027
Net profit5 5963 2937 716
                                                                 
Underlying profit 1             
Underlying EBITDA17 8846 65412 582
Underlying operating profit16 6125 3639 948
Underlying net profit14 1103 3266 468
                                                                      
Underlying EBITDA-margin1,249.4 %51.549.0 %
Underlying ROACE before tax1,317.5 %20.9 %15.2 %
                                                                    
Cash flow   
Cash flow from operating activities6 1383 3367 781
Net investments1 1892 9034 678
FFO4                                                      11 71712 3778 559
Cash and cash equivalents10 88619 2626 663
   
Balance sheet   
Equity58 05261 16964 901
Interest bearing debt                            42 17450 60345 660
    
Interest bearing debt ratio742.1 %45.3 %41.3 %
FFO interest coverage58.46.75.7
FFO /debt627.8 %24.5 %18.7 %
Rating - Standard & PoorsA-BBB+A-
Rating - Moody'sBaa1Baa1Baa1
    
Generation and market6m20106m20092009
Actual production (TWh)   
Hydro power24.725.247.4
Gas power3.91.85.4
Wind power0.30.30.6
Total29.027.353.4
    
Norway22.022.344.3
Nordic (excl Norway)2.72.65.5
Europe (excl Nordic)3.31.45.1
World (excl Europe)0.90.92
Total29.027.356.9
    
Market prices (EUR/MWh)   
System price NordPool52.336.122.4
EEX base41.539.938.0
   
Capacities20092008 
Installed capacity (MW)15 80615 478 
Production capacity (TWh)751.250.0 
Production cost (NOK/MWh)70.363.5 
 
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 - Changes in short items
Calculated over 12 month rolling period 

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

7 Interest-bearing debt x 100
 Interest-bearing debt + equity