External revenue

External revenue marginally down year on year


In the first three quarters of 2009, the RWE Group generated € 33.8 billion in external revenue. This was 2 % less than in the same period last year, but flat when adjusted for currency effects. Sterling, our major foreign currency, lost value compared with the euro. Averaged for the first nine months, Sterling cost € 1.13; in the same period last year, the equivalent was € 1.27. The Czech crown, the Hungarian forint and the Polish zloty also decreased in value. In contrast, the US dollar rose from € 0.66 to € 0.73. On balance, consolidations for the first time and deconsolidations did not have a material impact on revenue or earnings.

External revenue
€ million

Jan – Sep
2009

Jan – Sep
20081

+/–
in %

Jan – Dec
20081

1

Figures partially adjusted; see commentary Notes on reporting.

RWE Power

1,008

1,011

–0.3

1,435

RWE Innogy

176

172

2.3

269

RWE Dea

901

1,362

–33.8

1,765

RWE Supply & Trading

4,992

5,841

–14.5

8,663

RWE Energy

18,176

17,247

5.4

24,613

German regions

12,782

12,130

5.4

17,111

International regions

4,700

4,719

–0.4

6,927

Supra-regional operations

319

197

61.9

298

Other, consolidation

375

201

86.6

277

RWE npower

5,702

6,076

–6.2

8,618

Other, consolidation

2,814

2,745

2.5

3,587

RWE Group

33,769

34,454

–2.0

48,950

of which:

 

 

 

 

Electricity revenue

22,276

23,133

–3.7

31,359

Direct electricity tax

685

697

–1.7

964

Gas revenue

8,790

8,150

7.9

13,768

Oil revenue

711

970

–26.7

1,164