- Annual Report
- Overview
- Foreword from the Chairman of the Board of Directors and CEO
- Market Switzerland
- Market Italy
- Other segments and activities
- Sustainability
- Corporate governance
- Basic principles
- Group structure and shareholders
- Board of Directors
- Executive Board of the Repower Group
- Shareholders' rights of participation
- Change of control and defensive measures
- Auditor
- Information policy
- Implementation of the Ordinance against Excessive Compensation in Listed Stock Companies
- Events after the balance sheet date
- Board of Directors
- Executive Board
- Compensation Report
- Financial Report
- Consolidated Financial Statements of the Repower Group
- Comments on the consolidated financial statements
- Consolidated income statement
- Consolidated statement of comprehensive income
- Consolidated balance sheet
- Changes in consolidated shareholders equity
- Consolidated cash flow statement
- Notes
- 1 Total operating revenue
- 2 Personnel expenses
- 3 Depreciation/amortisation and impairment
- 4 Financial result
- 5 Income taxes
- 6 Result per share
- 7 Tangible assets
- 8 Intangible assets
- 9 Disclosures of interests in other entities (IFRS 12)
- 10 Other financial assets
- 11 Inventories
- 12 Receivables
- 13 Securities and other financial instruments
- 14 Positive/negative replacement values for held-for-trading positions
- 15 Cash and cash equivalents
- 16 Share capital
- 17 Non-current financial liabilities
- 18 Pension fund obligation
- 19 Other provisions
- 20 Other current liabilities
- 21 Current financial liabilities
- 22 Information about net current assets for the cash flow statement
- 23 Transactions with related parties
- 24 Additional disclosures on financial instruments
- 25 Business combinations, disposals and liquidations
- 26 Assets and liabilities held for sale
- 27 Segment reporting
- 28 Contingent liabilities and warranty liabilities
- 29 Obligations under leasing arrangements
- 30 Risk assessment
- 31 Events occurring after the balance sheet date
- Notes to the consolidated financial statements
- Consolidated accounting principles
- Summary of accounting and valuation principles
- Consolidation
- Accounting and valuation principles
- Capital and enterprise value management
- Risk management and financial risk management
- Estimation uncertainty
- Report of the Auditors on the consolidated financial statements
- Financial Statements of Repower AG
- Consolidated Financial Statements of the Repower Group
- Graphics
- Organisation Chart
- Archive
- Hydropower
Consolidated Financial Statements of the Repower Group
Consolidated income statement
| 2014 | 2013 | ||
|---|---|---|---|
| Note | |||
| Net sales | 2,231,367 | 2,324,801 | |
| Own costs capitalised | 7,291 | 14,842 | |
| Other operating incomes | 33,892 | 25,850 | |
| Total operating revenue | 1 | 2,272,550 | 2,365,493 |
| Energy procurement | -1,991,283 | -2,070,215 | |
| Concession fees | -17,803 | -17,388 | |
| Personnel expenses | 2 | -76,429 | -81,744 |
| Material and third party services | -32,066 | -32,004 | |
| Other operating expenses | -78,429 | -90,178 | |
| Income before interest, income taxes, depreciation and amortisation (EBITDA) | 76,540 | 73,964 | |
| Depreciation/amortisation and impairment | 3 | -50,645 | -224,238 |
| Income before interest and income taxes (EBIT) | 25,895 | -150,274 | |
| Financial incomes | 4 | 3,116 | 2,941 |
| Financial expenses | 4 | -44,353 | -9,618 |
| Share of results of associates | 9 | -6,467 | -2,654 |
| Income before income taxes | -21,809 | -159,605 | |
| Income taxes | 5 | -10,764 | 7,406 |
| Group profit including minority interests | -32,573 | -152,199 | |
| Share of Group profit attributable to Repower shareholders and participants | -32,599 | -133,406 | |
| Share of Group profit attributable to minority interests | 26 | -18,793 | |
| Earnings per share (undiluted) | 6 | CHF -9.58 | CHF -39.31 |
There are no factors resulting in a dilution of earnings per share.
The notes are an integral part of these consolidated financial statements.