Key Figures

MVV Energie Group


Euro million	2008/09	2007/08	% Change
External sales excluding electricity and natural gas taxes	3 161	2 636	+ 20
Adjusted EBITDA ¹	385	398	− 3
Adjusted EBITA ¹	239	249	− 4
Adjusted EBIT ²	239	249	− 4
Adjusted EBT ²	165	181	− 9
Adjusted annual net surplus ²	112	123	− 9
Adjusted annual net surplus after minority interests ²	98	110	− 11
Adjusted earnings per share in Euro ^{2, 3}	1.48	1.69	− 12
Cash ﬂow before working capital and taxes	386	414	− 7
Cash ﬂow before working capital and taxes per share ³ in Euro	5.86	6.33	− 7
Free cash flow	20	54	− 63

Adjusted total assets (as of 30.9.) ⁴	3 566	3 361	+ 6
Adjusted equity (as of 30.9.) ⁵	1 208	1 192	+ 1
Adjusted equity ratio (as of 30.9.)	33.9 %	35.5 %	− 5

Capital employed ⁶	2 649	2 444	+ 8
ROCE	9.0 %	10.2 %	− 12
WACC	8.5 %	8.5 %	—
Value Spread	0.5 %	1.7 %	− 71

Investitionen	255	241	+ 6
Number of employees (as of 30.9.)	6 053	5 901	+ 3
1 excluding non-operative IAS 39 valuation items in connection with ﬁnancial derivatives 2 excluding non-operative IAS 39 valuation items in connection with ﬁnancial derivatives and excluding one-off charges for write-downs at energy-related services subgroup (see reconciliation of EBIT on page 56) 3 increase in number of shares (weighted annual average) from 65.3 million to 65.9 million due to capital increase 4 excluding positive and negative fair values under IAS 39 5 excluding net balance of positive and negative fair values under IAS 39 6 adjusted equity plus ﬁnancial debt plus provisions for pensions and similar obligations plus accumulated goodwill amortisation (calculated as an annual average)