Annual Report - EDP

notes to the consolidated and company financial statementsfor the years ended 31 december 2012 and 2011EDP - Energias de Portugal, S.A.Notes to the Consolidated and Company Financial Statementsfor the years ended 31 December 2012 and 2011Associated companiesHeadOfficeShare capital/ CurrencyAssets31-Dec-12Euro'000Liabilities31-Dec-12Euro'000Equity31-Dec-12Euro'000TotalIncome31-Dec-12Euro'000NetProfit/(Loss)31-Dec-12Euro'000%Group%CompanyPortsines - Terminal Multipurpose de Sines, S.A. Sines 4,200,000 EUR 14,377 4,850 9,527 16,136 4,220 39.60% -Principle Power (Europe) Ltd London 1 GBP 272 376 -104 627 -104 50.29% -Principle Power Portugal Unipessoal Lda Lisbon 5,000 EUR 1,689 1,833 -144 - -51 50.29% -Principle Power, Inc Seattle 7,674 USD 10,441 3,448 6,993 5,605 1,349 50.29% -SeaEnergy Renewables Inch Cape Limited Edinburgh 1 GBP 12,263 13,187 -924 - -880 37.99% -SETGAS - Sociedade de Produção e Distribuição de Gás, S.A. Charneca da Caparica 9,000,000 EUR 182,464 120,737 61,727 36,398 8,196 19.83% -Setgás Comercializadora, S.A. Charneca da Caparica 50,000 EUR 10,037 6,867 3,170 31,062 -364 19.83% -Solar Siglo XXI, S.A. Ciudad Real 80,000 EUR - - 62 - - 19.38% -Tolosa Gasa, S.A. Tolosa 651,100 EUR 1,608 230 1,378 1,053 380 38.00% -Windfloat Maine LLC Maine - USD - - - - - 50.29% -Windfloat Oregon LLC Oregon - USD - - - - - 50.29% -The associated companies included in the consolidation under the equity method as at 31 December 2011 are as follows:Associated companiesHeadOfficeShare capital/ CurrencyAssets31-Dec-11Euro'000Liabilities31-Dec-11Euro'000Equity31-Dec-11Euro'000TotalIncome31-Dec-11Euro'000NetProfit/(Loss)31-Dec-11Euro'000%Group%CompanyAprofitament D'Energies Renovables de L'Ebre, S.A. Barcelona 3,869,020 EUR 27,852 24,431 3,151 52 -352 14.71% -Biomasas del Pirineo, S.A. Huesca 454,896 EUR 238 - 238 - - 23.26% -Carriço Cogeração, S.A. Lisbon 50,000 EUR 14,401 11,775 2,626 30,072 892 35.00% -CEM, S.A. Macao 580,000,000 MOP 547,855 271,795 276,060 457,447 43,623 21.19% -Cultivos Energéticos de Castilla, S.A. Burgos 300,000 EUR 137 -115 252 - - 23.26% -Desarollos Eolicos de Canárias, S.A. Gran Canaria 4,291,140 EUR 13,966 797 13,169 -3,870 1,800 34.69% -Ederg-Produção Hidroeléctrica, Lda. Lisbon 1,000,000 EUR 777 77 700 - -217 25.00% -ENEOP - Éolicas de Portugal, SA Lisbon 25,247,525 EUR 1,234,769 1,205,026 29,743 106,380 6,027 27.88% -Geoterceira - S. Geo. Terceira, S.A. Azores 1,000,000 EUR 29,868 28,878 990 305 -3 49.90% -Hidroastur, S.A. Oviedo 4,808,000 EUR 9,824 267 9,557 2,183 3,558 19.38% -SeaEnergy Renewables Inch Cape Limited Edinburgh 1 GBP 1,814 1,858 -44 - -12 37.99% -Inkolan, A.I.E. Bilbao 60,101 EUR 298 138 160 - - 13.57% -Inverasturias - Fondo Capital Riesgo Madrid 3,005,000 EUR 5,582 - 5,582 229 33 20.00% -Kosorkuntza, A.I.E. Bilbao 1,502,500 EUR 8,957 4,626 4,331 14,700 1,702 23.75% -Parque Eólico de Belmonte, S.A. Asturias 120,400 EUR 30,880 27,709 3,171 4,859 -1,202 23.18% -Parque Eólico Sierra del Madero, S.A. Soria 7,194,021 EUR 34,936 22,936 12,000 11,043 3,424 32.56% -Portsines - Terminal Multipurpose de Sines, S.A. Sines 10,000,000 EUR 18,999 3,132 15,867 15,732 3,120 39.60% -SETGAS - Sociedade de Produção e Distribuição de Gás, S.A. Charneca da Caparica 9,000,000 EUR 181,064 127,525 53,539 38,069 8,753 19.83% -Setgás Comercializadora, S.A. Charneca da Caparica 50,000 EUR 10,856 7,322 3,534 33,542 816 19.83% -Solar Siglo XXI, S.A. Ciudad Real 80,000 EUR 62 - 62 - - 19.38% -Tolosa Gasa, S.A. Tolosa 651,100 EUR 1,575 221 1,354 1,039 357 38.00% -Agência de Desenvolvimento Regional do Vale do Tua, S.A. Mirandela 50,000 EUR - - - - - 49.00% -The other companies with interests in share capital equal to or greater than 10% as at 31 December 2012, are as follows:Other companiesHead Officeand Country%Indirect%DirectTejo Energia, S.A. Abrantes - Portugal 11.11% -EDA, S.A. Azores - Portugal 10.00% -Parque Eólico Montes de las Navas, S.L. Madrid - Spain 17.00% -Feedzai - Consultoria e Inovação Tecnológica, S.A. Coimbra - Portugal 11.08% -262A World Full Of Energy