Annual Report - EDP

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notes to the consolidated and company financial statementsEDP - Energias de Portugal, S.A.for the years ended 31 december 2012 and 2011Notes to the Consolidated and Company Financial Statementsfor the years ended 31 December 2012 and 2011Preferentially, it was used analytical accounting reports to allocate gains, costs, assets and liabilities by plant. For the remaining information, since those reports don’tcomprise all the costs - namely the shared costs in the Supplies and Services and Personnel Costs captions, and since the applicability of the previous criterion it's notpossible, the shared costs were allocated in the proportion of costs directly allocated to each plant in the total costs and the remaining assets and liabilities wereallocated following the proportion of each plant net assets in the total assets.In 2012, the EDP Group changed the reported segments, as well as the information disclosed in the Segmental Reporting, according to the mentioned above criteria.To be comparable, the information as of 31 December 2011 has been restated to reflect the changes occurred in 2012.54. EXPLANATION ADDED FOR TRANSLATIONThese financial statements are a free translation of the financial statements originally issued in Portuguese in accordance with International Financial ReportingStandards as adopted by the European Union. In the event of discrepancies, the Portuguese language version prevails.EDP - Annual Report 2012255
notes to the consolidated and company financial statementsEDP - Energias de Portugal, S.A.for the years Notes to the ended Consolidated 31 december and Company Financial 2012 Statements and 2011for the years ended 31 December 2012 and 2011ANNEX I. Companies in the Consolidation perimeterThe subsidiary companies consolidated under the full consolidation method as at 31 December 2012 are as follows:SubsidiariesHeadOfficeShare capital/ CurrencyAssets31-Dec-12Euro'000Liabilities31-Dec-12Euro'000Equity31-Dec-12Euro'000TotalIncome31-Dec-12Euro'000NetProfit/(Loss)31-Dec-12Euro'000%Group%CompanyGroup's parent holding company and Related Activities:Portugal:EDP - Energias de Portugal, S.A. (EDP Group Parent Company)Balwerk - Consultadoria Económica e Participações, Sociedade Unipessoal, Lda.CEO-Comp Energia Oceânica,S.A.EDP - Projectos SGPS, S.A.EDP Estudos e Consultoria, S.A.EDP Imobiliária e Participações, S.A.EDP Inovação, S.A.EDP Internacional S.A.EDP Ventures, SGPS, S.A.Labelec - Estudos, Desenvolvimento e Actividades Laboratoriais, S.A.Sãvida - Medicina Apoiada, S.A.SCS - Serviços Complementares de Saúde, S.A.Lisbon 3,656,537,715 EUR 17,511,661 10,320,464 7,191,198 3,665,115 869,866 100.00% -Lisbon 5,000 EUR 288,615 280,343 8,272 23,368 4,032 100.00% 100.00%Póvoa do Varzim 65,435 EUR 3,586 3,615 -29 966 -69 52.07% -Lisbon 50,000 EUR 725 769 -44 11 -146 100.00% 100.00%Lisbon 50,000 EUR 21,619 16,001 5,618 51,641 2,480 100.00% 100.00%Lisbon 10,000,000 EUR 121,637 101,943 19,694 7,361 -7,479 100.00% 100.00%Lisbon 50,000 EUR 23,240 20,802 2,438 5,166 -247 100.00% 100.00%Lisbon 50,000 EUR 20,794 18,436 2,358 17,829 1,064 100.00% 100.00%Lisbon 50,000 EUR 8,212 6,712 1,500 6 -1,183 100.00% -Sacavem 2,200,000 EUR 13,286 10,060 3,226 11,039 -481 100.00% 100.00%Lisbon 450,000 EUR 22,776 15,938 6,838 34,187 2,818 100.00% 100.00%Lisbon 50,000 EUR 145 80 65 376 - 100.00% -Other Countries:EDP - Ásia Soluções Energéticas LimitadaEDP ASIA - Investimento e Consultadoria , LimitadaEDP Finance BVEDP Investments and Services, S.L.EDP Servicios Financieros España, S.A.Energia RE - Sociedade Cativa de ResseguroMacao 1,500,000 MOP 142 - 142 - - 100.00% -Macao 200,000 MOP 64,256 15 64,241 10,565 9,433 100.00% 99.00%Amsterdam 2,000,000 EUR 16,190,713 16,066,365 124,348 687,738 15,017 100.00% 100.00%Madrid 4,702 EUR 462,354 111,409 350,946 41,239 29,700 100.00% -Oviedo 10,300,058 EUR 956,471 421,979 534,492 65,108 28,799 100.00% 100.00%Luxembourg 3,000,000 EUR 67,282 37,407 29,875 12,660 4,142 100.00% 100.00%Electricity and Gas Activity - Portugal:Electricity Generation:EDP - Gestão da Produção de Energia, S.A.Empresa Hidroeléctrica do Guadiana, S.A.Energin, S.A.FISIGEN - Empresa de Cogeração, S.A.Greenvouga - Soc. Gestora do Aproveitamento Hidroeléctrico de Ribeiradio-Ermida, S.A.O&M Serviços - Operação e Manutenção Industrial, S.A.Pebble Hydro - Consultoria, Invest. e Serv., Lda.Soporgen, S.A.Tergen - Operação e Manutenção de Centrais Termoeléctricas, S.A.Lisbon 1,263,285,505 EUR 8,168,919 5,940,048 2,228,871 1,748,344 333,366 100.00% 100.00%Lisbon 48,750,000 EUR 520,549 492,875 27,674 61,782 -6,069 100.00% -Lisbon 50,000 EUR 19,053 22,268 -3,215 43,878 -3,469 65.00% -Lisbon 50,000 EUR 31,066 34,659 -3,593 28,143 -2,365 51.00% -Oliveira de Frades 1,000,000 EUR 95,156 60,638 34,518 3,902 -210 100.00% -Mortagua 500,000 EUR 6,362 5,332 1,030 7,423 107 100.00% -Lisbon 5,100 EUR 146,485 152,806 -6,321 16,492 1,668 100.00% -Lisbon 50,000 EUR 29,001 19,037 9,964 65,371 3,381 82.00% -Carregado 250,000 EUR 3,853 3,088 765 5,679 102 100.00% -Electricity Distribution:EDP Distribuição de Energia, S.A.EDP MOP - Operação de Pontos de Carregamento de Mobilidade Eléctrica, S.A.Lisbon 200,000,000 EUR 5,051,686 4,487,894 563,792 3,128,892 212,592 100.00% 100.00%Lisbon 50,000 EUR 1,445 1,331 114 26 -556 100.00% -Electricity Supply:EDP Comercial - Comercialização de Energia, S.A.EDP Serviço Universal, S.A.EDP Serviços - Sistemas para a Qualidade e Eficiência Energética, S.A.EDP Serviner - Serviços de Energia, S.A.Home Energy II, S.A.Lisbon 20,824,695 EUR 344,694 318,582 26,112 1,145,107 -7,945 100.00% 100.00%Lisbon 10,100,000 EUR 2,576,851 2,512,157 64,694 5,060,181 24,815 100.00% -Lisbon 50,000 EUR 50,366 10,793 39,573 9,996 -4,188 100.00% 100.00%Lisbon 50,000 EUR 3,887 2,942 945 7,292 427 100.00% 100.00%Lisbon 50,000 EUR 3,885 1,753 2,132 2,807 -2,184 100.00% -Gas Supply and Distribution:EDP Gás - SGPS, S.A.EDP Gás GPL - Comércio de Gás de Petróleo Liquefeito,S.A.EDP Gás Serviço Universal, S.A.EDP GÁS.Com - Comércio de Gás Natural, S.A.ENAGÁS - SGPS, S.A.PORTGÁS - Soc. de Produção e Distribuição de Gás, S.A.Lisbon 73,200,000 EUR 272,499 118,370 154,129 34,353 20,639 100.00% 100.00%Oporto 549,998 EUR 8,286 3,727 4,558 3,816 602 71.97% -Oporto 1,049,996 EUR 38,721 26,009 12,712 92,386 1,065 71.97% -Lisbon 50,000 EUR 61,236 45,612 15,625 320,853 8,900 100.00% 100.00%Lisbon 299,400 EUR 15,200 14,340 860 327 25 60.00% -Oporto 7,909,150 EUR 423,836 283,341 140,494 119,607 31,078 71.97% -Shared Services:EDP Soluções Comerciais, S.A.EDP Valor - Gestão Integrada de Serviços, S.A.Lisbon 50,000 EUR 121,291 115,629 5,663 169,789 7,509 100.00% 100.00%Lisbon 4,550,000 EUR 73,315 65,223 8,092 59,549 2,602 100.00% 100.00%Other Activities:SGORME-SGO Rede Mobilidade Eléctrica, S.A.Lisbon 500,000 EUR 240 397 -157 - -187 91.00% -Electricity and Gas Activity - Spain:Electricity Generation:Central Termica Ciclo Combinado Grupo, S.L.Ciclo Combinado Soto 5, S.L.Cogeración Bergara, A.I.E.Cogeración Montjuic, S.L.U.Cogeración Serantes, S.L.U.Electrica de la Ribera del Ebro, S.A.Energia e Industria de Toledo, S.A.HC Tudela Cogeneración, S.L.Hidrocantábrico Cogeneracion, S.L.Hidroeléctrica Del Cantábrico, S.L.Millenium Energy, S.L.Patrimonial de La Ribera del Ebro, S.L.Oviedo 2,117,000 EUR 177,256 241,516 -64,259 62,549 -18,156 75.00% -Oviedo 21,000,000 EUR 311,647 14,671 296,976 25,582 -6,680 100.00% -Bergara 450,000 EUR 1,109 324 785 2,118 -87 50.00% -Bilbao 1,250,000 EUR 2,723 26 2,696 76 49 100.00% -Bilbao 2,750,000 EUR 6,348 523 5,824 904 758 70.00% -Castejón 5,000,000 EUR 640,476 684,290 -43,814 103,223 -53,559 100.00% -Oviedo 2,139,603 EUR 1,656 3,038 -1,383 6,593 530 90.00% -Oviedo 306,030 EUR 9,131 8,811 320 5,039 8 50.10% -Oviedo 5,829,200 EUR 54,256 44,027 10,229 40,900 -62 100.00% -Oviedo 421,739,790 EUR 4,764,589 2,703,518 2,061,071 2,031,551 100,153 100.00% 96.60%Bilbao 130,260,000 EUR 1,594,390 675,255 919,136 6,530 -8,451 100.00% -Castejón 150,000,000 EUR 752,301 41,483 710,818 43,413 30,044 100.00% -Electricity Distribution:Electra de Llobregat Energía, S.L.Iberenergia, S.A.Barcelona 300,000 EUR 5,624 5,355 269 670 217 75.00% -Oviedo 60,200 EUR 61 8 53 - - 100.00% 100.00%Electricity Supply:EDP Energia Ibérica, S.A.HC Naturgas Comercializadora de Ultimo Recurso, S.A.Hidrocantábrico Distribucion Eléctrica, S.A.U.Hidrocantabrico Energia, S.A.U.Madrid 60,200 EUR 17 13,376 -13,359 - - 100.00% -Oviedo 60,000 EUR 32,377 36,032 -3,655 136,578 -4,893 97.50% -Oviedo 44,002,000 EUR 880,416 590,693 289,723 256,942 58,888 100.00% -Oviedo 1,000,000 EUR 436,881 370,384 66,497 1,678,326 29,194 100.00% -Gas Supply and Distribution:Naturgas Energia Grupo, S.A. (NG Energia Subgroup Parent Company)Gas Transporte Span, S.L.HC Energia Gas, S.L.HC Naturgas Servicios Energeticos S.L.Bilbao 296,385,957 EUR 1,750,437 621,387 1,129,051 440,232 92,901 95.00% -Bilbao 20,130,443 EUR 12,880 - 12,880 - - 95.00% -Oviedo 214,293,400 EUR 1,031,011 47,893 983,118 445,261 39,882 100.00% -Santander 90,000 EUR 3,111 2,669 442 6,267 161 97.50% -256A World Full Of Energy
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Annual Report - EDP

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