Other Information


Share-based payment

Detailed information was provided on groupwide sharebased payment plans for executive staff at RWE AG and at subsidiaries in the financial statements for the period ended December 31, 2008.

In the first quarter of 2009, another tranche was issued within the framework of the Long-Term Incentive Plan for executive staff (“Beat”).

Dividend distribution

RWE AG’s April 22, 2009, Annual General Meeting decided to pay a proposed dividend of € 4.50 per common and preferred share for fiscal 2008. The dividend payment totalled € 2,401 million.

Earnings per share

 

 

Jan – Sep
2009

Jan – Sep
2008

Net income

€ million

2,791

2,211

Number of shares outstanding (weighted average)

thousands

532,990

541,081

Basic and diluted earnings per common and preferred share

5.24

4.09

The earnings per share are the same for both common and preferred shares.

Related party disclosures

The RWE Group classifies associated companies as related parties. In the first three quarters of 2009, transactions concluded with material related parties generated € 773 million in income (first three quarters of 2008: € 492 million) and € 138 million in expenses (first three quarters of 2008: € 81 million). As of September 30, 2009, accounts receivable amounted to € 688 million (December 31, 2008: € 684 million), and accounts payable totalled € 14 million (December 31, 2008: € 13 million). All business transactions are concluded at arm’s length conditions and on principle do not differ from those concluded with other companies.

Companies of the Georgsmarienhütte Group have also been classified as related companies as the CEO of RWE AG, Dr. Jürgen Großmann, is a partner in Georgsmarienhütte Holding GmbH. In the first three quarters of 2009, RWE Group companies provided services and deliveries to companies of the Georgsmarienhütte Group amounting to € 5.4 million (first three quarters of 2008: € 5.3 million). Services and deliveries provided by Georgsmarienhütte Group companies to RWE Group companies in the first three quarters of 2009 totalled € 1.7 million (first three quarters of 2008: € 1.6 million). As of September 30, 2009, the Georgsmarienhütte Group had € 0.2 million in accounts receivable (December 31, 2008: € 0 million) from and € 0.6 million in accounts payable (December 31, 2008: € 0.4 million) to RWE Group companies. All business transactions were completed at arm’s length conditions and do not differ from the scope of supply and services provided to other enterprises.

Above and beyond this, the RWE Group did not conclude or carry out any material transactions with related companies or persons.