Page 2 - KELAG Annual Report 2019
P. 2

Table of contents ......................................................................................................................................................................... 2
                    Company portrait ........................................................................................................................................................................ 4

                    Shaping change together ......................................................................................................................................................... 7
                    Group management report .................................................................................................................................................... 15
                    Company and environment ................................................................................................................................................... 16

                    Business segments .................................................................................................................................................................... 25
                    General financial position, financial performance and cash flows ............................................................................. 31
                    Investments and maintenance .............................................................................................................................................. 33
                    Financing and financial strategy ........................................................................................................................................... 34
                    Employees.................................................................................................................................................................................... 36

                    Research and development ................................................................................................................................................... 37
                    Additional notes ........................................................................................................................................................................ 38
                    Development of opportunities and risks ........................................................................................................................... 39

                    Group non-financial statement ............................................................................................................................................. 43
                    Outlook ......................................................................................................................................................................................... 79
                    Consolidated financial statements ....................................................................................................................................... 83
                      Income statement of the KELAG Group ........................................................................................................................ 84
                      Statement of comprehensive income of the KELAG Group .................................................................................... 85

                      Statement of financial position of the KELAG Group ................................................................................................ 86
                      Statement of changes in equity of the KELAG Group ............................................................................................... 87
                      Statement of cash flows of the KELAG Group.............................................................................................................. 88

                    Notes to the consolidated financial statements .............................................................................................................. 90
                    Auditor's Report .......................................................................................................................................................................185
                    Report of the Supervisory Board ........................................................................................................................................192
                    List of sources for the group management Report .......................................................................................................193
                    Legal information ....................................................................................................................................................................194
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