Energy supply and generation

Page 1

Energy supply and generation £m

2013

Profit Total Interest Dividends° Borrowings Equity after tax assets

Owners^

EDF*

Electricite de France Sa: Government of France

8311

793

105

814

37

807

30661

1556

16321

SSE**

SSE Plc: Capital Group, Blackrock, Invesco

30102

736

147

456

243

790

18970

6295

5531

Scottish Power

Iberdrola SA: Qatar Investment Authority, Government of Qatar, Nexgen

8231

717

142

622

127

917

12029

3131

5081

British Gas***

Centrica Plc: Aberdeen Asset Management, Blackrock, Invesco

13957

883

98

1400

8985

RWE: municipal and npower**** private shareholders, Blackrock

8641

181

2475

1945

E.On SE: Public, Capital Research and Management, Blackrock

8055

316

7730

363

39

85027

3989

433

E.On*****

+10% for rest of electricity and gas market ('Big 6' controls 90% of market) Total

Revenue

Operating Tax profit paid°

Company

0

71

88

87

160

5573

196

68

407

7622

1346

2888

2159

748

4481

83841

14802

31766

^ Top three shareholders included for companies listed on public stock exchanges ° Tax and dividend figures taken from the cash flow statement to show actual paid in the year.

CALCULATIONS Total paid out in interest and dividends (£m) Total debt and equity of EDF, SSE, Scottish Power and npower, and total assets of British Gas and E.on (see notes below) (£m) Approximate cost of UK government 30 year gilts based on prices over the last year (http://www.bloomberg.com/markets/ratesbonds/government-bonds/uk/) (%)

5229 61126

3

Total that would be paid out in interest on government gilts on equivalent debt and equity (£m)

1834

Total savings if publicly financed - with tax paid by the companies added to the gilt interest (£m)

2962

Per household (£)

112.19


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