Statkraft

Key figures

 

Financials (NOK million)200920082007
Income statement   
Gross operating revenues25 67525 06117 619
EBITDA9 76918 1718 881
Operating profit7 02716 6187 242
Net profit7 71633 2626 632
                                                                 
Underlying profit 1                   
Underlying EBITDA112 58213 8889 620
Underlying operating profit19 94712 0297 981
Underlying net profit15 7468 0977 031
                                                                      
Underlying EBITDA-margin1,249.0%55.4%55.0
Underlying ROACE before tax 1,315.2%26.6%17.7%
                                                                    
Cash flow   
Cash flow from operating activities7 78111 4997 720
Net investments4 678-3 046-4 001
FFO4                                                      8 55914 6187 042
   
Balance sheet   
Equity64 90172 32444 418
Interestbearing debt                            45 66040 79137 284
Interest bearing debt ratio741.3%36.1%0
   
FFO interest coverage 55.97,55
FFO /debt 618.7%35.8%0
Long term rating - Standard & PoorsA-BBB+BBB+
Long term rating - Moody'sBaa1Baa1Baa1
   
Generation and market200920082007
Capacities   
Installed capacity (MW)-15 47812 028
Production capacity (TWh)759.950.042.4
Reservoir capacity (TWh)-40.039.7
Reservoir inventory (TWh)8-25.930.2
   
Actual production (TWh)   
Hydro power50.147.442.7
Gas power6.05.41.5
Wind power0.60.60.7
Total56.953.444.9
   
Norway44.346,342.0
Nordic (excl Norway)5.51.71.6
Europe (excl Nordic)5.15.41.3
World (excl Europe)2.0--
Total56.953.444.9
   
Market prices (EUR/MWh)   
System price NordPool35.044.722.4
EEX base38.965.838.0

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

4 Cash flow from operating activities - Changes in short items
(FFO is calculated over the last 12 months period to date)

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

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