Segment information

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All amounts in millions of euros unless stated otherwise.

Segment information

Business segments are based on Eneco’s internal organisation and management reporting structure.

Eneco group’s business segments are the three core businesses: Eneco, Stedin and Joulz. The Eneco segment purchases, generates, trades and sells electricity, gas and district heating, constructs, maintains and manages district heating networks and offers consultancy services. The Stedin segment is the manager of the gas and electricity networks. The Joulz segment is the infrastructure company which includes consultancy, engineering, construction and management of energy infrastructures and the maintenance of lighting and parking facilities.

Transfer prices for internal products and services are on arm’s length prices and terms.

The group accounting policies are also applied in the segment reports.

Revenues and profit by business segment

2013

Segment Energy Company Eneco

Segment Stedin

Segment Joulz

Eliminations and non-allocated

Total

Revenues from energy sales and transmission, energy related activities and other operating revenues

3,973

1,158

120

5,251

Inter-segment operating revenues

52

6

440

– 498

Purchases of energy and energy related and other operating expenses

– 3,735

– 567

– 540

468

– 4,374

Operating profit before depreciation, amortisation and impairment

290

597

20

– 30

877

Depreciation, amortisation and impairment

– 249

– 206

– 6

– 21

– 482

Operating profit

41

391

14

– 51

395

2012

Segment Energy Company Eneco

Segment Stedin

Segment
Joulz

Eliminations and non-allocated

Total

Revenues from energy sales and transmission, energy related activities and other operating revenues

4,067

1,081

108

5,256

Inter-segment operating revenues

42

10

399

– 451

Purchases of energy and energy related and other operating expenses

– 3,827

– 561

– 516

424

– 4,480

Operating profit before depreciation, amortisation and impairment

282

530

– 9

– 27

776

Depreciation, amortisation and impairment

– 235

– 199

– 7

– 441

Operating profit

47

331

– 16

– 27

335

Balance sheet by business segment

At 31 december 2013

Segment Energy Company Eneco

Segment Stedin

Segment
Joulz

Eliminations and non-allocated

Total

Assets

Assets

4,409

4,867

355

– 477

9,154

Associates

49

49

Total assets

4,458

4,867

355

– 477

9,203

Liabilities

Equity and non-current liabilities

3,189

4,484

47

– 348

7,372

Current liabilities

1,269

383

308

– 129

1,831

Total equity and liabilities

4,458

4,867

355

– 477

9,203

At 31 December 2012

Segment Energy Company Eneco

Segment Stedin

Segment
Joulz

Eliminations and non-allocated

Total

Assets

Assets

4,233

4,653

373

– 494

8,765

Associates

39

39

Total assets

4,272

4,653

373

– 494

8,804

Liabilities

Equity and non-current liabilities

2,989

4,363

40

– 358

7,034

Current liabilities

1,283

290

333

– 136

1,770

Total equity and liabilities

4,272

4,653

373

– 494

8,804

Other data by business segment

2013

Segment Energy Company Eneco

Segment Stedin

Segment
Joulz

Total

Investments in property, plant and equipment and intangible assets

408

438

8

854

Depreciation/amortisation of property, plant and equipment and intangible assets

250

216

16

482

2012

Segment Energy Company Eneco

Segment Stedin

Segment
Joulz

Total

Investments in property, plant and equipment and intangible assets

329

374

9

712

Depreciation/amortisation of property, plant and equipment and intangible assets

235

199

7

441

Revenues by country

2013

2012

Netherlands

4,959

5,076

Belgium

279

169

Other

13

11

Totaal

5,251

5,256