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Welcome to E.ON`s Conference Call First Half Results 2001 August 16, 2001.
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Welcome to E.ON`s Conference Call First Half Results 2001 August 16, 2001
These charts contain certain forward-looking statements that are subject to risk and uncertainties. For information identifying economic, currency, regulatory, technological, competitive, and some other important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements, you should refer to E.ON’s filings to the Securities and Exchange Commission (Washington, DC), as updated from time to time, in particular to the discussion included in the section of E.ON’s 2000 Annual Report on Form 20-F entitled ”Item 3. Key Information: Basic Risk Factors”.
E.ON Group - SalesFirst Half€ in millions 2001 Pro forma 2000 +/- % Energy Chemicals Oil Real Estate Telecommunications Distribution/Logistics Stinnes Klöckner VEBA Electronics Aluminum Silicon Wafers E.ON AG/Other/Consolidation Total 8,774 10,559 13,710 588 261 8,672 6,436 2,236 0 1,906 419 -354 44,535 6,434 9,751 13,410 573 156 12,933 6,273 2,734 3,926 1,702 411 822 46,192 +36 +8 +2 +3 +67 -33 +3 -18 - +12 +2 - -4 1
E.ON Group - Internal Operating ProfitFirst Half€ in millions 2001 Pro forma 2000 +/- % Energy Chemicals Oil Real Estate Telecommunications Distribution/Logistics Stinnes Klöckner VEBA Electronics Aluminum Silicon Wafers E.ON AG/Other/Consolidation Total 984 288 189 54 -86 166 127 39 0 162 -105 312 1,964 949 360 34 35 -431 342 107 77 158 138 -62 -71 1,294 +4 -20 +456 +54 +80 -51 +19 -49 - +17 -69 - +52 2
E.ON Group - ResultsFirst Half€ in millions 2001 Pro forma 2000 +/- % Group internal operating profit Net book gains Cost management and restructuring expenses Other non-operating earnings Foreign E&P taxes Results from ordinary business activities Income taxes Minority interests Earnings from first-time application of SFAS 133 Group net income Earnings per share (in €) 1,964 193 -97 -288 263 2,035 -1,155 -46 -2 832 1.22 1,294 4,557 -107 33 224 6,001 -2,555 -277 - 3,169 4.35 +52 -96 +9 - +17 -66 +55 +83 - -74 -72 3
Energy - Key FiguresFirst Half€ in millions 2001 Pro forma 2000 +/- % Sales Electricity thereof: electricity taxes Natural gas Water Other Internal operating profit Investments thereof: property, plant and equipment thereof: financial assets Production/sales volume (kWh in millions) Power supplied Power generated Natural gas sales volume Water sales volume (million m3) 8,774 6,107 285 1,310 110 1,247 984 2,944 475 2,469 140,424 69,176 43,903 126.9 6,434 5,039 109 762 109 524 949 1,849 344 1,505 110,468 61,112 39,439 128.9 +36 +21 +161 +72 +1 +138 +4 +59 +38 +64 +27 +13 +11 -2 4
Chemicals - Key FiguresFirst Half€ in millions 2001 Pro forma 2000 +/- % Sales Internal operating profit Investments thereof: property, plant and equipment thereof: financial assets 10,559 288 1,656 690 966 9,751 360 712 570 142 +8 -20 +133 +21 +580 5
Oil - Key FiguresFirst Half€ in millions 2001 Pro forma 2000 Sales thereof: petroleum tax Internal Operating Profit Upstream Downstream Others Average crude oil price ($/barrel) Refinery margins ($/ton) 13,710 4,443 189 88 183 -82 26.59 23.40 13,410 4,691 34 71 3 -40 26.80 20.35 6
E.ON Group - Net cash position€ in millions June 30, 2001 Pro forma December 31, 2000 Liquid Funds Financial Liabilities Net cash (net debt) 16,634 15,989 645 8,501 14,047 (5,546) 7
E.ON Group - Outlook 2001 • Full year Group internal operating profit to increase markedly in 2001. - Energy: Slightly above last year‘s level • Chemicals: On par with previous year‘s level • Oil: On par with prior year‘s solid results • Klöckner: Below previous year‘s level • Silicon wafers: Markedly greater operating loss • Real Estate, Telecommunications, Stinnes, VAW aluminium: Higher earnings than in 2000 • Results from ordinary business activities significantly below the previous year figure. 8