Revenues up 7% and Gross Operating Profit (Ebitda) grows by over 3%. Significant contribution from diversified activities
Rome, January 28, 2002 The board of Enel SpA, convened today under the chairmanship of Chicco Testa, examined some preliminary consolidated data relative to operations in 2001. Comparisons between 2000 and 2001 are on a pro-forma basis to take into account the inclusion of telecommunications. Revenues were over 28,800 million euros, an increase of about 7 % compared with 2000, with a significant contribution from diversified activities and Wind. In 2001, energy dispatched was around 244 TWh, an increase of almost 3% compared with 2000. Last year, energy sold totaled around 205 TWh, compared with 222 TWh in 2000. Of these, about 27 TWh were sold on the free market for a share of 34% of that market. Gross Operating Profit was about 8,500 million euros compared with 8,220 million euros a year earlier, growing by more than 3% also thanks to the contribution of Wind which, for the first time, registered a positive Ebitda for the full year. Net debt at the end of the year stood at about 22,100 million euros, down from pro-forma 22,426 million euros at the end of 2000. The debt-to-estimated equity ratio was below 1.1. The number of employees fell by more than 10% to 72,660 at the end of the period. Of these reductions, 8,400 were in the electricity sector, 2,388 of which stemming from asset sales during the year.
Rome, January 28, 2002 The board of Enel SpA, convened today under the chairmanship of Chicco Testa, examined some preliminary consolidated data relative to operations in 2001. Comparisons between 2000 and 2001 are on a pro-forma basis to take into account the inclusion of telecommunications. Revenues were over 28,800 million euros, an increase of about 7 % compared with 2000, with a significant contribution from diversified activities and Wind. In 2001, energy dispatched was around 244 TWh, an increase of almost 3% compared with 2000. Last year, energy sold totaled around 205 TWh, compared with 222 TWh in 2000. Of these, about 27 TWh were sold on the free market for a share of 34% of that market. Gross Operating Profit was about 8,500 million euros compared with 8,220 million euros a year earlier, growing by more than 3% also thanks to the contribution of Wind which, for the first time, registered a positive Ebitda for the full year. Net debt at the end of the year stood at about 22,100 million euros, down from pro-forma 22,426 million euros at the end of 2000. The debt-to-estimated equity ratio was below 1.1. The number of employees fell by more than 10% to 72,660 at the end of the period. Of these reductions, 8,400 were in the electricity sector, 2,388 of which stemming from asset sales during the year.
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