back 
|
EBITDA |
2008 |
20071 |
+/– | ||
| |||||
|
RWE Power |
3,521 |
3,072 |
14.6 | ||
|
RWE Dea |
747 |
755 |
-1.1 | ||
|
RWE Supply & Trading |
484 |
534 |
-9.4 | ||
|
RWE Energy |
2,986 |
2,802 |
6.6 | ||
|
German regions |
1,715 |
1,552 |
10.5 | ||
|
International regions |
566 |
760 |
-25.5 | ||
|
Supra-regional operations |
736 |
833 |
-11.6 | ||
|
Other, consolidation |
-31 |
-343 |
91.0 | ||
|
RWE npower |
714 |
870 |
-17.9 | ||
|
Other, consolidation |
-138 |
-118 |
-16.9 | ||
|
RWE Innogy |
98 |
– |
– | ||
|
RWE Group |
8,314 |
7,915 |
5.0 | ||
The RWE Group posted another year-on-year increase in its operating result. Our EBITDA was up by 5 % to €8,314 million. We increased our operating result by 4 % to €6,826 million. Net of currency and consolidation effects, both EBITDA Glossary and the operating result were up 6 %. This earnings growth was primarily driven by our German power generation business, which benefited from improved margins and the positive volume effect of the recommissioning of the Biblis nuclear power plant. However, we also had to cope with burdens in the year under review–especially as a result of the significant reduction in emissions allowance allocations. In addition, RWE Energy had to cope with regulatory cuts to its German grid fees.
|
Reconciliation of income from operating activities to EBITDA |
2008 |
20071 |
+/– | ||
| |||||
|
Income from operating activities |
5,887 |
5,787 |
1.7 | ||
|
+ Income from investments |
454 |
597 |
-24.0 | ||
|
– Non-operating result |
485 |
149 |
– | ||
|
Operating result |
6,826 |
6,533 |
4.5 | ||
|
– Operating income from investments |
-459 |
-541 |
– | ||
|
+ Operating depreciation and amortization |
1,947 |
1,923 |
1.2 | ||
|
EBITDA |
8,314 |
7,915 |
5.0 | ||
|
Operating result |
2008 |
20071 |
+/– | ||
| |||||
|
RWE Power |
3,142 |
2,617 |
20.1 | ||
|
RWE Dea |
494 |
492 |
0.4 | ||
|
RWE Supply & Trading |
429 |
532 |
-19.4 | ||
|
RWE Energy |
2,480 |
2,355 |
5.3 | ||
|
German regions |
1,407 |
1,209 |
16.4 | ||
|
International regions |
478 |
692 |
-30.9 | ||
|
Supra-regional operations |
635 |
767 |
-17.2 | ||
|
Other, consolidation |
-40 |
-313 |
87.2 | ||
|
RWE npower |
534 |
724 |
-26.2 | ||
|
Other, consolidation |
-253 |
-187 |
-35.3 | ||
|
RWE Innogy |
55 |
– |
– | ||
|
RWE Group |
6,826 |
6,533 |
4.5 | ||
