E.on Se · XETR:EOAN
E.on — Investor Presentation (December 2006)
14 slides from E.on's investor presentation, Dec 14, 2006
Slide 1: Investment plan 2007-2009
Investment plan 2007-2009 December 14, 2006
Slide 2: Investment plan 2007–2009 increased compared to 2006–2008
Investment plan 2007–2009 increased compared to 2006–2008 in billion € 25.3 +6.7 2.9 The total amount increased by € 6.7 bn. 18.6 +0.6 2.3 y € 6.1 bn increase of investments in fixed assets y € 4.2 bn for power generation 22.4 y € 1.5 bn for gas storage, upstream and LNG +6.1 16.3 y € 0.6 bn increas
Slide 3: Reconciliation investment plan 2007–2009 vs. 2006–2008
Reconciliation investment plan 2007–2009 vs. 2006–2008 13.1 25.3 in billion € 2.1 2.9 18.6 6.4 2.3 1.5 11.0 4.9 Financial investments 12.2 Fixed assets 0.8 22.4 16.3 11.4 Plan Budget Remaining Additional Plan 2006-08 2006 2007-08 Investments 2007-09 2007-09 2
Slide 4: The 2007-2009 investment plan by market unit compared to 2006-2008
The 2007-2009 investment plan by market unit compared to 2006-2008 in billion € 22.4 2.1 2.7 16.3 1.7 4.1 U.S. Midwest 2.7 3.4 Nordic 3.4 U.K. 1.9 Pan-European Gas Central Europe 10.1 2.9 2.3 6.6 0.2 0.3 1.3 1.2 0.8 1.4 Plan 2006-08 Plan 2007-09 Plan 2006-08 Plan 2007-09 Fixed assets Financial inves
Slide 5: 2007-09 investments in power generation
2007-09 investments in power generation Major planned investments in power plants excluding renewables Fixed asset investments in power generation U.S.-Midwest in billion € Trimble Oskarshamn County 2 (upgrade) 11.4 Malmö 7.3 Maasvlakte 3 Grain Plan 2006-08 Plan 2007-09 Datteln 4 Kingsnorth 1.6 Othe
Slide 6: Major planned investments in power plants (excl. renewables)
Major planned investments in power plants (excl. renewables) Total 2007-09 Expected start Location Power plant Type Capacity Investment investment of operation Germany Datteln 4 Hard coal 1,100 MW € 1.2 bn € 0.9 bn 2011 Germany Irsching 4 CCGT 530 MW € 0.2 bn € 0.1 bn 2011 Germany Irsching 5 CCGT 80
Slide 7: 2007-09 investments in electricity and gas networks
2007-09 investments in electricity and gas networks Fixed asset investments in electricity & gas networks in billion € Electricity 3.1 1.3 1.0 0.3 5.7 networks 7.6 7.3 <0.1 Plan 2006-08 Plan 2007-09 Gas networks 0.5 1.1 1.6 Central Europe Pan-European Gas U.K. Nordic U.S. Midwest 6
Slide 8: 2007-09 investments in gas storage, upstream & LNG
2007-09 investments in gas storage, upstream & LNG Fixed asset investments in Major projects in gas storage & LNG gas storage, upstream & LNG in billion € Gas pipeline Gas storage LNG terminal 2.4 Nordstream 0.9 Plan 2006-08 Plan 2007-09 Wilhelmshaven Krummhörn Holford 0.3 EPE ETZEL Schnaitsee/ Weit
Slide 9: Summary of 2007-09 investment plan
Summary of 2007-09 investment plan in billion € Fixed assets € 22.4 bn Financial U.S. Midwest investments 2.1 Power generation € 11.4 bn 2.9 y Maintenance & replacement € 5.9 bn Nordic Other 1.3 y Growth € 5.5 bn 2.7 Gas storage, upstream Electricity & gas networks € 7.3 bn & LNG 2.4 U.K. Growth 4.3
Slide 10: All external growth opportunities are subject to E.ON's strict strategic and financial investment criteria
All external growth opportunities are subject to E.ON’s strict strategic and financial investment criteria Strategic criteria Financial criteria y Market attractiveness y Earnings enhancing in the first full (returns, growth, regulation, year after acquisition country risk) y Returns exceeding cost
Slide 11: Back-up Charts
Back-up Charts
Slide 12: 2007-2009 fixed asset investments in Germany
2007-2009 fixed asset investments in Germany Electricity networks € 2.2 bn Gas networks € 1.3 bn Renewables € 0.2 bn Gas storage & LNG € 0.8 bn Other Power generation € 0.7 bn excluding renewables € 3.5 bn Total € 8.7 bn 11
Slide 13: 2007-2009 fixed asset investments in renewables by market unit
2007-2009 fixed asset investments in renewables by market unit Nordic € 0.1 bn Central Europe € 0.2 bn U.K. € 0.6 bn Total € 0.9 bn 12
Slide 14: This presentation does not constitute an invitation to sell or an offer to buy
This presentation does not constitute an invitation to sell or an offer to buy any securities or a solicitation of any vote or approval. Endesa investors and security holders are urged to read the Spanish prospectus from E.ON regarding the Spanish tender offer for Endesa because it contains importan