Annual Report - EDP

notes to the consolidated and company financial statementsfor the years ended 31 december 2012 and 2011EDP Group Activity by Business Segment31 December 2011Thousands of EurosIberiaLT ContractedGeneration Liberalised Activities Regulated NetworksEDP Renováveis EDP Brasil Other Activities Corporate Activities Adjustments EDP GroupTurnoverElectricity and network accesses 1,412,725 6,380,606 5,200,822 969,155 2,302,216 - - (3,023,791) 13,241,733Gas and network accesses - 1,608,910 380,146 - - - - (300,120) 1,688,936Other 58,044 236,520 17,907 22,597 10,729 36,394 291,480 (483,489) 190,1821,470,769 8,226,036 5,598,875 991,752 2,312,945 36,394 291,480 (3,807,400) 15,120,851Cost of electricity (50,870) (5,207,616) (3,727,397) (12,283) (1,284,854) - - 2,962,647 (7,320,373)Cost of gas 22 (1,475,587) (53,578) - - - - 201,075 (1,328,068)Change in inventories and cost of raw materials and consumables used (410,705) (750,963) (10,876) (22,252) 1,656 (12,459) (4,370) 174,034 (1,035,935)(461,553) (7,434,166) (3,791,851) (34,535) (1,283,198) (12,459) (4,370) 3,337,756 (9,684,376)1,009,216 791,870 1,807,024 957,217 1,029,747 23,935 287,110 (469,644) 5,436,475Other operating income / (expenses)Other operating income 12,285 41,640 178,030 196,154 17,803 15,874 25,619 (73,063) 414,342Supplies and services (87,467) (262,601) (426,239) (225,069) (184,491) (10,577) (200,314) 495,710 (901,048)Personnel costs and employee benefits (79,147) (100,481) (163,859) (60,832) (121,576) (8,866) (120,610) 20,471 (634,900)Other operating expenses (16,896) (101,916) (294,417) (66,732) (59,744) (9,111) (19,482) 9,017 (559,281)(171,225) (423,358) (706,485) (156,479) (348,008) (12,680) (314,787) 452,135 (1,680,887)837,991 368,512 1,100,539 800,738 681,739 11,255 (27,677) (17,509) 3,755,588Provisions 2,267 26,237 6,625 266 (20,754) (26) (11,361) (3,946) (692)Depreciation, amortisation and impairment (206,888) (262,199) (351,017) (468,494) (176,315) (957) (16,293) (34,997) (1,517,160)Compensation of amortisation and depreciation 2,092 264 2,544 14,986 36,844 248 9 (27,333) 29,654635,462 132,814 758,691 347,496 521,514 10,520 (55,322) (83,785) 2,267,390Gain/(losses) on the sale of financial assets - 122 - 10,499 - - 123,325 (113,069) 20,877Financial results (64,689) (76,116) (128,435) (244,130) (119,127) 12 540,725 (623,627) (715,387)Share of profit in associates 684 - 143 4,796 (1,257) 10,480 - 4,631 19,477Profit/(loss) before income tax 571,457 56,820 630,399 118,661 401,130 21,012 608,728 (815,850) 1,592,357Current tax (169,769) (19,546) 15,744 (29,060) (93,561) 203 30,198 78,307 (187,484)Deferred tax 6,246 (3,340) (158,318) 1,022 1,973 (3,980) 109,637 (26,134) (72,894)Net profit/(loss) for the period 407,934 33,934 487,825 90,623 309,542 17,235 748,563 (763,677) 1,331,979Equity holders of EDP 407,446 44,964 488,925 88,603 225,799 17,356 763,989 (912,419) 1,124,663Non-controlling interests 488 (11,030) (1,100) 2,020 83,743 (121) (15,426) 148,742 207,316Net profit/(loss) for the period 407,934 33,934 487,825 90,623 309,542 17,235 748,563 (763,677) 1,331,979Total assets 6,970,120 6,982,418 7,327,784 13,044,929 5,693,903 139,330 53,054,750 (51,945,605) 41,267,629Total liabilities 3,816,039 5,092,770 5,721,506 7,591,203 2,962,526 167,100 40,331,156 (35,801,450) 29,880,850Increase of the period:Property, plant and equipment 59,328 436,282 157,594 830,711 197,359 6,027 63,754 (15,455) 1,735,600Intangible assets 131,399 327,454 299,523 9 396,506 89 124 (5,396) 1,149,708Goodwill - 3,732 837 - - - 380 6,854 11,803264A World Full Of Energy