Interim report
Page 1
Business highlights , April - June 2021 • Agreement on sale of 49.5 % of the Hollandse Kust Zuid offshore wind farm • Approval by Germany's Bundestag of compensation for nuclear plant closures which affected results in the second quarter by SEK 11.1 billion ● • Decision by Swedish Parliament on special investment scope for electricity grid investments KEY DATA VATTENFALL Interim report January - June 2021 Important events after the balance sheet date • Sale of electricity distribution business Stromnetz Berlin completed on 1 July . The purchase price was EUR 2.1 billion . and the transaction will impact the results in the third quarter Profit for the period Electricity generation , TWh 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 Sales of electricity , TWh² - of which , customer sales Sales of heat , TWh Sales of gas , TWh Return on capital employed , % ¹ FFO / adjusted net debt , % ¹ 1 Financial highlights , January - J une 2021 • Net sales increased by 1 % ( 5 % excluding currency effects ) to SEK 80,465 million ( 79,440 ) Underlying operating profit¹ of SEK 17,308 million ( 12,982 ) Operating profit¹ of SEK 29,595 million ( 5,287 ) • Profit for the period of SEK 23,635 million ( -1,594 ) ● ● Financial highlights , April - June 2021 • Net sales increased by 10 % ( 14 % excluding currency effects ) to SEK 34,554 million ( 31,280 ) Underlying operating profit¹ of SEK 5,256 million ( 2,792 ) Operating profit¹ of SEK 16,210 million ( -7,027 ) • Profit for the period of SEK 13,212 million ( -8,495 ) ● Jan - J un 2021 80 465 38 271 29 595 17 308 23 635 58.8 85.4 60.2 9.2 34.4 14.5 3 3 38.1 Jan - J un 2020 79 440 25 152 5 287 12 982 -1 594 57.1 82.1 59.6 7.9 31.9 6.1 3 3 25.5 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 . 1 VATTENFALL INTERIM REPORT JANUARY - JUNE 2021 Apr - J un 2021 34 554 20 531 16 210 5 256 13 212 26.0 40.0 27.9 2.7 10.8 14.5 3 38.1 3 Apr - J un 2020 31 280 8 251 -7 027 2 792 -8 495 24.1 36.7 26.8 2.5 9.3 6.1 3 25.5 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 159 872 59 626 39 584 30 116 32 945 114.5 167.4 118.8 15.1 59.3 14.5 38.1