1.1 Operations 1.2 Corporate strategy 1.3 Legal and business environment 1.4 Development of business, financial and non-financial KPIs
1.5 Employees 1.6 Environment 1.7 Research and development 1.8 Internal control and risk management system 1.9 Outlook
Development of business, financial and non-financial KPIs The Accounting Amendment Act (RÄG 2014) has been applicable since the 2016 financial year. In order to ensure an appropriate level of comparability with prior-year amounts, the values for 2015 were also calculated at the Group level. In doing so, items were reclassified from other operating income to turnover.
39
Abridged Profit and Loss Account in EUR million 2016 Turnover Change in inventory and own work capitalised
+/– %
2015
+/–
3,321.0
3,048.4
272.6
8.9
54.0
55.9
– 2.0
– 3.5 – 1.8
Other operating income
591.5
602.5
– 11.0
Operating performance
3,966.5
3,706.8
259.6
7.0
Cost of materials and services
– 1,590.8
– 1,356.2
– 234.6
– 17.3
Personnel expenses
– 1,396.0
– 1,071.4
– 324.6
– 30.3
Depreciation and amortisation
– 550.7
– 533.0
– 17.7
– 3.3
Other operating expenses
– 650.6
– 613.1
– 37.5
– 6.1
Group EBIT
– 221.6
133.2
– 354.8
– 266.4
Consolidated financial result
– 181.2
– 102.7
– 78.5
76.5
Group earnings before tax (EBT)
– 402.8
30.5
– 433.3
n.c.
Consolidated profit for the year after minority interests
– 403.9
29.8
– 433.8
n.c.
Consolidated profit/loss for the year
– 279.3
128.4
– 407.7
– 317.6
Differences as a result of rounding figures have not been eliminated
Turnover structure
Turnover
in EUR million
Energy The largest share of turnover in the Wiener Stadtwerke Group is attributable to the energy business. The increase here is primarily due to the merger of e&t Energiehandelsgesellschaft mbH with Energie Allianz Austria GmbH.
2,056.7 1,842.0
Energy
705.6 678.5
Distribution
659.2 621.6
Transport
Funerals and cemeteries
69.2 70.5
Car parks
22.0 22.2
Consolidation
– 191.7 – 186.5
2016
2015
Transport The increase in turnover is partially due to the increase in the number of annual passes, with the attractiveness of the services on offer and the low fee charged for the pass being key factors driving this trend. Turnover from Wiener Lokalbahnen’s freight services also increased. Average revenue per passenger rose by 2.6 percent year-on-year (2016: 54.88 cents; 2015: 53.48 cents).