In September 2009, the MVV Energie Group approved a new strategic alignment for the Group on the basis of its MVV 2020 strategy project. Among other measures, the implementation of the new strategy requires a realignment of the energyrelated services subgroup. To this end, a restructuring plan was compiled and approved before the end of the year under report. This aims to achieve sustainable efficiency and earnings enhancements at the energy-related services subgroup.

Restructuring plans trigger event-specific impairment tests under IAS 36. These made it necessary to post impairment losses in the past financial year.

The restructuring expenses for the current 2008/09 financial year mainly involve impairments of assets. Moreover, other items have also arisen within the restructuring plan and have been recognised as provisions for restructuring. The restructuring expenses amount to Euro 32 952 thousand in total.