Interim report
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● Business highlights , January - March 2021 Agreement on compensation for nuclear phase - out in Germany • Sale of part of production from Hollandse Kust Zuid 1-4 wind farm through long - term Power Purchase Agreement • Sale of Grönhult onshore wind power project ● • Start of construction of Vattenfall's first district heating network in the UK - Brent Cross South in London VATTENFALL Interim Report January - March 2021 • Start of district heating production at Amsterdam South Connection • Favourable ruling by Administrative Court on electricity network companies ' revenue frames for the period 2020-2023 KEY DATA • HYBRIT - Demonstration plant for production of fossil - free sponge iron planned in Gällivare Profit for the period Electricity generation , TWh Sales of electricity , TWh² - of which , customer sales Sales of heat , TWh Sales of gas , TWh 1 Return on capital employed , % ¹ 1 FFO / adjusted net debt , % ¹ Financial highlights , January - March 2021 • Net sales decreased by 5 % ( -1 % excluding currency effects ) to SEK 45,911 million ( 48,160 ) Amounts in SEK million unless indicated otherwise Net sales Operating profit before depreciation , amortisation and impairment losses ( EBITDA ) ¹ Operating profit ( EBIT ) ¹ Underlying EBIT¹ Underlying operating profit¹ of SEK 12,053 million ( 10,187 ) Operating profit¹ of SEK 13,385 million ( 12,313 ) • Profit for the period of SEK 10,423 million ( 6,900 ) ● 1 ) See Definitions and calculations of key ratios for definitions of Alternative Performance Measures . 2 ) Sales of electricity also include sales to Nord Pool Spot and deliveries to minority shareholders . 3 ) Last 12 - month values . Jan - Mar Jan - Mar 2021 2020 1 VATTENFALL INTERIM REPORT JANUARY - MARCH 2021 45 911 17 740 13 385 12 053 10 423 32.9 45.4 32.4 6.5 23.6 5.9 3 32.8 3 48 160 16 900 12 313 10 187 6 900 33.1 45.5 32.7 5.4 22.7 9.4 3 25.2 3 Full year 2020 158 847 46 507 15 276 25 790 7 716 112.8 164.1 118.2 13.8 56.8 5.8 28.8 Last 12 months 156 598 47 347 16 348 27 656 11 239 112.6 164.0 117.9 14.9 57.7 5.9 32.8