External revenue up 15 % year on year


External revenue
€ million

2008

20071

+/–
in %

1

Figures partially adjusted (see commentary).

RWE Power

1,435

1,329

8.0

RWE Dea

1,765

1,496

18.0

RWE Supply & Trading

6,321

3,793

66.6

RWE Energy

30,435

26,877

13.2

German regions

17,111

16,015

6.8

International regions

6,927

5,589

23.9

Supra-regional operations

6,120

5,012

22.1

Other, consolidation

277

261

6.1

RWE npower

8,618

8,920

-3.4

Other, consolidation

376

92

308.7

RWE Group

48,950

42,507

15.2

of which:

 

 

 

Electricity revenue

31,359

27,917

12.3

Direct electricity tax

964

961

0.3

Gas revenue

13,768

10,768

27.9

Oil revenue

1,164

1,023

13.8

Last financial year, the RWE Group generated €49.0 billion in external revenue. Compared with 2007, this corresponds to a 15 % rise, which is predominantly due to increased electricity and gas prices. First-time consolidations and deconsolidations did not have a significant impact on revenue. Overall, currency effects had a negative impact on revenue since Sterling, our major foreign currency, lost considerably in value compared to the euro. Averaged for the period under review, the exchange rate was £0.80/€ (2007: £0.69/€). The US dollar depreciated as well, dropping to US$1.47/€ (2007: US$1.38/€), whereas the Czech crown increased in value. Net of currency and consolidation effects, Group revenue rose by 18 %.

RWE Group revenue by region in 2008 (2007) in %
RWE Group revenue by region in 2008 (2007) (pie chart)