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Income statement  [Certified Content]


  Notes 2003 2002
Sales revenue 1 2,478,066 2,072,228
Electricity sales   1,986,576 1,768,096
Grid sales   231,364 259,566
Eco-electricity sales   208,393 0
Other   51,733 44,566
Other operating income and changes in inventory 2 94,593 73,060
Expenses for electricity, grid and eco-electricity purchases 3 -1,541,765 -1,088,063
Use of fuels and expenses for other purchased services 3 -115,733 -99,640
Payroll expenses 4 -263,655 -267,539
Depreciation and amortization 12 -185,080 -193,488
Other operating expenses 5 -144,872 -165,422
Operating result   321,554 331,136
Financing result 6 -35,611 -124,156
Result from participating interests* 7 22,187 5,712
Result from long-term investments 8 7,539 -4,747
Financial result   -5,885 -123,191
Profit before tax   315,669 207,945
Taxes on income 9 -98,056 -44,943
Profit after tax   217,613 163,002
Minority interests   -17,510 -8,147
Group result   200,103 154,855
Earnings per share €   6.51 5.03
*Thereof at equity: 2003 2,302 Thousand €, 2002 3,242 Thousand €

> Segmental reporting
> Statement quarter 4/2003
> Management Report framework conditions
> Economic development grid
> Economic development electricity
> Prices
 
 
 

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