Public Power Corporation2018年年度报告.pdf

1、02annual reportPOWER PUBLIC CORPORATION S.A.01.01.18-31.12.1801.01.1801.01.1804table of contentspart Apart B 1.Selected Financial Data 09 2.Company Information 11-15 3.Organizational Structure,Management-Corporate Governance,Employees 17-19 4.Share Capital-Dividend 21-23 5.Subsidiaries and Associate

2、s 25 1.Financial Report 29 a.Statement of Members of The Board of Directors 31-33 b.Executive Summary of The Board of Directors 35-113 c.Auditors Report 115-125 d.Notes to the Financial Statements 145-262 APPENDIX-Unbundled Financial Statements 265-285 Notes to the Unbundled Financial Statements 286

3、-290 2.Distribution of Profits for the Year 2018 293 3.Related Parties Transactions 29506part Aannual reportIKARIA HYBRID ENERGY PROJECT“NAERAS”08part A/Selected Financial Data1 Selected Financial Data GROUP PARENT COMPANY 20182017%20182017%Total Assets 14,112.7 15,358.3-8.1%13,482.4 14,740.9-8.5%Ne

4、t Debt 3,744.8 3,957.2-5.4%3,814.7 4,046.2-5.7%Total Equity 3,943.1 5,610.5-29.7%3,825.0 5,477.9-30.2%Capital Expenditure 746.7 410.7 81.8%687.7 406.1 69.3%Summaryfinancials(mil.)SummaryBalanceSheetandCapex(mil.)The years 2017 and 2018 do not include IPTO figures (whose full ownership unbundling fro

5、m PPC was completed in 2017)and the income from its sale as well as the figures of“Lignitiki Melitis S.A.and Lignitiki Megalopolis S.A.GROUP PARENT COMPANYfromcontinuingfromcontinuingoperationsoperations 20182017%20182017%Total Revenues 4,741.6 4,943.9-4.1%4,593.2 4,846.6-5.2%EBITDA 216.5 828.8-73.9

6、%219.3 769.4-71.5%EBITDAmargin4.6%16.8%4.8%15.9%Profit/(Loss)BeforeTaxesandFin.Expenses(EBIT)(431.6)236.9 (412.3)196.5 EBITmargin-9.1%4.8%-9.0%4.1%NetIncome/(loss)(542.0)127.6 (529.0)297.6 EPS/(loss)(in)(2.34)0.55 (2.28)1.28 Numberofshares(mil.)232 232 232 232 KOMOTINITHERMALPOWERPLANT10part A/Compa