Tokyo Electric Power Company Holdings, Incorporated · TSE:9501
Tokyo Electric Power — FY2002 Earnings Presentation
15 slides from Tokyo Electric Power's earnings presentation, May 21, 2003
Slide 1: Financial Information on Closing of FY2002
- Financial Information on Closing of FY2002 - ( April 1, 2002 March 31, 2003 ) May 21, 2003 Tokyo Electric Power Company Managing Director Katsutoshi Chikudate
Slide 2: Forward Looking Statement
- Forward Looking Statement - Certain statements in the following presentation regarding Tokyo Electric Power`s business operations may constitute “forward looking statements”. Such statements are not historical facts, but are predictions about the future which inherently involve risks and uncertain
Slide 3: Contents
Contents Contents Financial Closing of FY2002 Summary <Consolidated & Non-consolidated> 1 Comparison Statement of Revenue & Expenditure 2 <Non-consolidated> Effect of Nuclear Power Plant Issue 3 Cash Flow Statement / Application of Free Cash Flow 4 <Consolidated & Non-consolidated> Segment Informati
Slide 4: Financial Closing of FY2002 - Summary - Consolidated & Non-consolidated
Financial FinancialClosing Closingof ofFY2002 FY2002--Summary Summary–– <Consolidated <Consolidated&&Non -consolidated> Non-consolidated> 1 (in billion yen) FY2002 FY2001 Difference (A) (B) (A)-(B) 4,919.1 5,220.5 -301.4 <-5.8%> Operating Revenue (4,808.4) (5,129.6) (-321.1) <-6.3%> 521.4 658.9 -137
Slide 5: Comparison Statement of Revenue & Expenditure <Non-consolidated>
Comparison ComparisonStatement Statementof ofRevenue Revenue& &Expenditure Expenditure <Non -consolidated> <Non-consolidated> 2
Slide 6: Effect of Nuclear Power Plants Issue
Effect Effect of of Nuclear Nuclear Power Power Plants Plants Issue Issue 3 in billion yen) <Reference> Total Projection Forecast influence of maintenance conduct problem on FY 2002 costs 110.0 140.0 Influence on fuel costs etc 120.0 130.0 Increased cost of fuel & purchased electricity 154.0 167.0 R
Slide 7: Cash Flow Statement / Application of Free Cash Flow
Financial FinancialClosing Closingof ofFY2002 FY2002- -Cash CashFlow FlowStatement Statement/ /Application ApplicationofofFree FreeCash CashFlow Flow–– <Consolidated <Consolidated& &Non -consolidated> Non-consolidated> 4 Consolidated Non-consolidated - Application of Free Cash Flow - - Application o
Slide 8: Segment Information <Consolidated>
Segment SegmentInformation Information <Consolidated> <Consolidated> 5 FY2002 (April 1,2002 March 31,2003) (in billion yen) Eliminations/ Telecommunication Others Total Consolidated Electric Power Corporate Sales (1)Sales to customers 4801.3 17.5 100.1 4919.1 4919.1 (2)Intersegment sales 68.5 266.8
Slide 9: Comparison with the Company's Projection (1)
Comparison Comparisonwith withthe theCompany ’s Projection Company’s Projection(1) (1) <Consolidated <Consolidated& &Non-consolidated> Non-consolidated> 6 (in billion yen) Total Projection Comparison (A) (B) (A) - (B) (A)/(B) 4,919.1 4,870.0 49.1 101.0% Operating Revenue (4808.4) (4760.0) (48.4) (10
Slide 10: Comparison with the Company's Projection (2)
Comparison Comparisonwith withthe theCompany ’s Projection Company’s Projection(2) (2) <Consolidated <Consolidated& &Non-consolidated> Non-consolidated> 7
Slide 11: Projection of FY2003 - Summary
Projection Projectionof ofFY2003 FY2003--Summary Summary –– <Consolidated <Consolidated& &Non-consolidated> Non-consolidated> 8 (in billion yen) Operating Operating Profit Ordinary Profit Net Income Revenue Projection for 4,930.0 490.0 310.0 202.0 (A) FY2003 (4,820.0) (480.0) (300.0) (198.0) 4,919.1
Slide 12: Effect of Nuclear Power Plants Issue
Effect Effect of of Nuclear Nuclear Power Power Plants Plants Issue Issue 9 • Forecast influence of maintenance conduct problem on FY2003 costs is around 200 billion yen (Compared with the FY2002 initial plan) ü Influence on fuel costs, etc. around 160.0 billion yen • Increase in fuel cost and purch
Slide 13: Projection of FY2003 (Revenue & Expenditure) <Non-consolidated>
Projection Projectionof ofFY2003 FY2003(Revenue (Revenue& &Expenditure) Expenditure) <Non-consolidated> <Non-consolidated> 10 - Sales - Although kWh sales volume is expected to decline, forecasting operating revenue around 48,200 billion yen, due to rise in unit price by fuel adjustment system. - Ex
Slide 14: Projection of kWh Sales Volume
Projection Projection of of kWh kWh Sales Sales Volume Volume 11 - Projection of kWh Sales Volume - (in TWh) Projection of 1st Projection of 2st Projection of Results of FY2002 Half Half FY2003 Lighting 41.7 46.5 88.2 89.4 Demand other than Eligible Customers Use Power for commercial use 30.9 29.1 6
Slide 15: Table of Key Factors, Variables
Table Table of of Key Key Factors, Factors, Variables Variables 12
Tokyo Electric Power Company Holdings — FY2002 Earnings Presentation on 6ix