Slide 1: EVN conference call Q. 1 2021/22 results
EVN conference call Q. 1 2021/22 results 25 February 2022
Slide 2: Highlights Q. 1 2021/22
Highlights Q. 1 2021/22 Market prices for natural gas, CO2 emission certificates and electricity reach historic highs − Different effects of market distortions on the diversified business areas − Higher procurement costs passed on to Austrian household customers as of January/February 2022 (electr
Slide 3: Key financials Q. 1 2021/22
Key financials Q. 1 2021/22 Q. 1 2021/22 +/– EURm % Increase in revenue Revenue 900.9 49.1 − High electricity prices as drivers (renewable EBITDA 201.9 -39.5 generation; energy sales in South East Depreciation and amortisation -78.8 7.1 Europe) Effects from impairment tests 6.4 - EBIT 129.5 -4.7 −
Slide 4: Solid balance sheet structure
Solid balance sheet structure Strong balance sheet as basis for increased investment programme in the coming years (annually up to EUR 500m) Committed, undrawn credit facilities in the amount of EUR 552m as of 31.12.2021 Conference call Q. 1 2021/22 results 4
Slide 5: Generation
Generation Q. 1 2021/22 +/– Electricity generation volumes GWh % Electricity generation below previous Total 771 -11.4 year Renewable energy sources 437 -5.9 Thermal energy sources 334 -17.7 − Higher wind flows only partly offset decline in water flows Q. 1 2021/22 +/– − Divestment of 49%-stake in
Slide 6: Energy
Energy Sales volumes to Q. 1 2021/22 +/– end customers GWh % Increase in energy sales volumes Electricity1) 2,295 1.6 − Colder temperatures Natural gas1) 1,796 0.3 Heat 767 6.3 − Normalisation of demand after the corona- related decline in the previous year Q. 1 2021/22 +/– Financial performance E
Slide 7: Networks
Networks Network distribution Q. 1 2021/22 +/– volumes GWh % Increase in network sales volumes Electricity 2,381 2.4 − Lower temperature 1) Natural gas 5,643 9.3 − Normalisation of demand after the corona- related decline in the previous year Q. 1 2021/22 +/– Financial performance EURm % − Increas
Slide 8: South East Europe
South East Europe Key energy business Q. 1 2021/22 +/– indicators GWh % Increase in energy sales and Electricity generation volumes 111 12.5 network sales volumes Network distribution volumes 3,858 6.0 Electricity sales volumes 3,263 11.9 − Colder temperature Heat sales volumes 75 21.2 EBITDA an
Slide 9: Environment
Environment Q. 1 2021/22 +/– Financial performance EURm % Improvement in EBIT, decline in Revenue 91.4 -3.1 result before income tax EBITDA 17.1 -4.4 EBIT 8.9 6.8 − Decline in revenue and operating expenses Financial results -7.9 - due to reduced construction activity in Result before income tax 1
Slide 10: Cash flows
Cash flows Q. 1 2021/22 +/– EURm in % Gross cash flow Gross cash flow 204.4 -49.9 Net cash flow from operating activities 0.8 -98.2 − Takeover of electricity procurement right led Net cash flow from investing activities -421.1 - to positive one-off effect in the previous year Net cash flow from fi
Slide 11: Outlook for 2021/22 confirmed
Outlook for 2021/22 confirmed Group net result for 2021/22 is expected to range from approximately EUR 200m to EUR 240m − Stronger or longer distortions on the energy markets could have a negative impact on expected earnings Conference call Q. 1 2021/22 results 11
Slide 12: Contact details
Contact details Stefan Szyszkowitz, CEO Information on the internet − www.evn.at IR contact partners: − www.investor.evn.at − Gerald Reidinger − www.responsibility.evn.at − Matthias Neumüller − Karin Krammer Headquarters of EVN AG − Doris Lohwasser (maternity leave) − EVN Platz 2344 Maria En
Slide 13: Disclaimer
Disclaimer Certain statements made in this presentation may constitute „Forward-Looking Statements” within the meaning of the U.S. federal securities law. Forward- looking information is subject to various known and unknown risks and uncertainties. These include statements concerning our expectation