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In the RWE Group, segments are distinguished on the basis of the services provided by the Group’s divisions. The segmentation of divisions and geographical regions is based on the internal reporting system.
In fiscal 2008, changes were made to the structure of the RWE Group, affecting the previous segments RWE Power and RWE Energy.
The segment RWE Power now consists exclusively of the power generation business in Continental Europe and all of the Group’s lignite production.
The trading activities of RWE Trading which were allocated to the segment RWE Power in fiscal 2007 were merged with the activities of RWE Gas Midstream, which were part of the segment RWE Energy in the previous year (merger with economic effect as of January 1, 2008). The new segment RWE Supply & Trading is thus comprised of energy trading for electricity, gas, coal, oil and CO2, as well as the commercial optimization of non-regulated gas activities, including procurement, transport and storage contracts in Germany, the UK and the Czech Republic, and the liquefied natural gas (LNG) Glossary business.
RWE Dea, which covers the Group’s activities in the field of gas and oil production (upstream activities), will also henceforth be reported as an independent segment. In the past, RWE Dea was a part of the segment RWE Power.
RWE Energy is the segment comprising distribution, transmission and sales for the Continental European electricity and gas businesses as well as substantial parts of the Continental water business.
RWE npower covers all of the electricity and gas activities in Great Britain.
The former Water Division, which consists of the water business outside of Continental Europe, is reported separately as a discontinued operation in fiscal 2008 and fiscal 2007.
Consolidation effects and the Group Centre are disclosed under “Other/consolidation“. This segment also covers other activities not allocable to the divisions presented separately, primarily consisting of the shared services provided by RWE IT GmbH, RWE Consulting GmbH and RWE Service GmbH. Furthermore, since February 1, 2008, the renewable energy activities of RWE Innogy GmbH are also presented in this segment. RWE Innogy has taken over the majority of the installed renewables-based electricity generation capacity from RWE Power, RWE npower and RWE Energy. As the reclassified activities are still relatively small, we have not adjusted prior-year figures.
In order to enable comparability with last year despite these reclassifications, the segment reporting figures for fiscal 2007 are also stated in line with the new structure.
