Endeavour Energy Annual Performance Report - Parliament of New ...

YeAR at a Glance
Items 2009–10 2010–11 % Change
OUR SHAREHOLDER
EBITDA (including capital contributions) $’000 588,980 711,567 20.8
Operating profit after tax $’000 178,979 244,717 36.7
Returns to NSW Government a 215,277 266,398 23.7
Dividend $’000 142,610 156,800 10.0
Income tax equivalents $’000 72,667 109,598 50.8
Qualified credit rating b Aa3 Aa3
Net assets $’000 1,153,849 1,233,182 6.9
Return on assets % 9.5 10.8 14.0
Return on equity % 17.3 20.5 18.3
OUR OPERATIONS
Reliability (unplanned interruptions to supply) Min/lost/cust 79.4 72.0 9.3
Capital expenditure $’000 417,421 496,429 18.9
Total retail sales of electricity c GWh 11,076 6,942 (37.3)
Sales revenue (excluding Community
Service Obligations) $’000 2,133,865 1,937,860 (9.2)
OUR CUSTOMERS
Total network customer connections 866,767 877,339 1.2
Customer Service Indicator d % 80 79 (1.3)
Social programs c $’000 30,427 23,977 (21.2)
Pensioner Rebates $’000 29,700 23,309 (21.5)
Life Support Equipment Rebate $’000 727 668 (8.1)
Energy Accounts Payment Assistance (EAPA) c $’000 2,467 2,023 (18.0)
ENVIRONMENT
Transformer oil recycled litres 433,091 629,971 45.5
Greenhouse gas emissions e t CO 2
e 681,285 649,608 (4.6)
Reportable environmental incidents No. 1 2 (100.0)
OUR PEOPLE
Total employees f 2,888 2,925 1.3
Lost time incidents g 18 24 33.3
To ensure consistency on an annual basis, prior year statistics may have changed in line with amendments to
comparative financial statement disclosures and amended definitions.
a Excludes the special dividend to the NSW Government resulting from the sale of Retail net assets.
b Credit rating undertaken by Moody’s Investor Services.
c As at 28 February 2011, following the completion of the sale of Retail net assets to Origin Energy on 1 March 2011, therefore only represent
eight months of activity compared to twelve months in the previous year.
d This survey ceased in March 2011 following the completion of the sale of Retail net assets to Origin Energy. The result of 79% is based on the
last survey period – February 2011.
e Includes all Scope 1 and 2 emissions minus offsets purchased.
f Full time equivalent employees as at 30 June 2011.
g As at 30 June 2011, 23 LTIs had been recorded; one additional lost time shift occurred during July that related to a 2010–11 incident taking
the total to 24.
Endeavour Energy Annual Performance Report 2010–11
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