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Tables and Explanations168
Summary of Financial Highlights1
in millions 2005 2006 2007 2008 2009
Sales and earnings
Sales 51,616 64,091 68,731 86,753 81,817
Adjusted EBITDA 10,194 11,724 12,450 13,385 13,526
Adjusted EBIT 7,293 8,356 9,208 9,878 9,646
Net income 7,407 6,082 7,724 1,621 8,645
Net income attributable to shareholders of E.ON AG 5,586 7,204 1,283 8,396
Value measures
ROCE (%) 12.2 13.8 14.5 12.9 11.7
Pretax cost of capital (%) 9.0 9.0 9.1 9.1 9.1
Value added 1,920 2,916 3,417 2,902 2,144
Asset structure
Non-current assets 93,914 96,488 105,804 108,717 113,068
Current assets 32,648 31,087 31,490 48,107 39,568
Total assets 126,562 127,575 137,294 156,824 152,636
Capital structure
Equity 44,484 51,245 55,130 38,444 43,955
Capital stock 1,799 1,799 1,734 2,001 2,001
Minority interests 4,734 2,533 5,756 3,960 3,607
Non-current liabilities 52,251 46,947 52,402 66,425 70,828
Provisions 27,402 22,100 20,963 22,757 21,692
Financial liabilities 10,555 10,029 15,915 25,036 30,657
liabilities and other 14,294 14,818 15,524 18,632 18,479
Current liabilities 25,093 29,383 29,762 51,955 37,853
Provisions 6,460 3,994 3,992 4,260 4,715
Financial liabilities 3,807 3,443 5,549 16,022 7,120
Other liabilities and other 14,826 21,946 20,221 31,673 26,018
Total equity and liabilities 126,562 127,575 137,294 156,824 152,636
Cash flow and investments
Cash provided by operating activities of continuing operations 6,544 7,161 8,726 6,738 9,054
Cash-effective investments 3,941 5,037 11,306 18,406 9,200
Financial ratios
Equity ratio2 (%) 35 40 40 25 29
Non-current assets as a percentage of property, plant, and equipment 108 102 102 96 102
Economic net debt (at year-end) -18,180 -23,432 -44,946 -44,665
Debt factor3 1.6 1.9 3.4 3.3
Cash provided by operating activities of continuing operations
as a percentage of sales 12.7 11.2 12.7 7.8 11.1
Stock4
Earnings per share attributable to shareholders of E.ON AG () 3.75 2.82 3.69 0.69 4.41
Equity5 per share () 22.50 24.62 26.06 18.11 21.21
Twelve-month high () 29.64 34.80 48.69 50.93 30.47
Twelve-month low () 21.50 27.37 32.02 23.50 18.19
Year-end closing price () 29.13 34.28 48.53 28.44 29.23
Dividend per share () 0.92 1.12 1.37 1.50 1.50
Dividend payout 4,6146 2,210 2,560 2,857 2,858
Market capitalization7 ( in billions) 57.6 67.6 92.0 54.2 55.7
E.ON AG long-term ratings
Moody's Aa3 Aa3 A2 A2 A2
Standard & Poor's AA AA A A A
Employees
Employees at year-end 79,570 80,612 87,815 93,538 88,227
1Adjusted for discontinued operations; 2005 figures calculated according to U.S. GAAP. 22005 figure excludes minority interests. 3Ratio between economic net debt and
adjusted EBITDA. 4All figures subsequent to, or adjusted for, the stock split. 5Attributable to shareholders of E.ON AG. 6Includes special dividend of 4.25 per share. 7Based
on shares outstanding.