- Annual Report
- Financial Report
- Consolidated Financial Statements of the Repower Group
- Comments on the consolidated financial statements of the Repower Group
- Consolidated statement of comprehensive income
- Consolidated balance sheet
- Changes in consolidated equity
- Consolidated cash flow statement
- Notes
- 1 Total operating revenue
- 2 Personnel expenses
- 3 Depreciation/amortisation and impairment
- 4 Financial income
- 5 Financial expenses
- 6 Investments in associates and partner plants
- 7 Income taxes
- 8 Earnings per share
- 9 Property, plant and equipment
- 10 Intangible assets
- 11 Other financial assets
- 12 Inventories
- 13 Receivables
- 14 Securities and other financial instruments
- 15 Positive/negative replacement values for held-for-trading positions
- 16 Cash and cash equivalents
- 17 Share capital
- 18 Non-current financial liabilities
- 19 Pension fund obligation
- 20 Provisions
- 21 Other non-current liabilities
- 22 Other current liabilities
- 23 Current financial liabilities
- 24 Information about net current assets
- 25 Transactions with related parties
- 26 Additional disclosures on financial instruments
- 27 Business combinations and disposals
- 28 Assets and liabilities held for sale
- 29 Impairment of assets
- 30 Segment reporting Group-wide information
- 31 Contingent liabilities and guarantee obligations
- 32 Obligations under leasing arrangements
- 33 Risk assessment
- 34 Events occurring after the balance sheet date
- Notes to the consolidated financial statements
- Report of the Auditors to the consolidated financial statements
- Financial Statements of Repower AG
- Appropriation of retained earnings
- Report of the Auditors
- Consolidated Financial Statements of the Repower Group
- Graphics
- Organisation chart
- Download
- Biomimetics
In words
Overview
- The Repower Group generated total operating revenue of CHF 2,372 million (- 6 %) in 2012.
- Low prices on the energy market and negative exceptional items impact the operating result (EBIT): it is CHF 81 million, CHF 110 million before exceptional items, and thus 38 per cent below the previous year's result.
- Group profit totalled CHF 31 million (-43%).
- Trading and sales in Italy and Switzerland contributed favourably to the results.
- In autumn 2012 Repower put the wind farm in Lucera, Apulia, into operation on schedule. Since then the 26 MW facility has already generated positive generation volumes.
- 2012 was a record year for operation of our own hydropower plants thanks to the good hydrological conditions: generation was 12 per cent higher than the previous year.
- Gas distribution did well, contributing positively to the result. Sales in the Italian and German markets increased 12 per cent from the previous year.
- The result in Romania was successfully stabilised.