Financial highlights (2007)
- Revenues increased by 26.8%.
- EBITDA amounts to 1,407 million euros representing an increase of 46.6% with regard to last year.
- Net profit decreased by 28.9.% and EBIT increased by 48.4%.
- Capital expenditure in the period amounted to 3,114 million euros.
Income statement summary
| | Jan-Dec 2007 | Jan-Dec 2006 | Chg. (%) |
|---|
| Revenue | 7.953 | 6.272 | 26,8 |
| EBITDA | 1.407 | 960 | 46,6 |
| EBIT | 935 | 630 | 48,4 |
| Net profit | 975 | 1.370 | -28,9 |
Balance sheet data (million euros)
| | 31/12/2007 | 31/12/2006 |
|---|
| Net equity | 6.456 | 4.633 |
| Net debt | -17.804 | -9.128 |
| Financial gearing | -276% | -197% |
| | Jan-Dec 2007 | Jan-Dec 2006 |
|---|
| Capital expenditure | 3.114 | 7.942 |
Operating data (million euros)
| | Jan.-Dec. 2006 | Jan.-Dec. 2007 | Chg. (%) |
|---|
| Infrastructure backlog | 5.468 | 5.755 | 5,2 |
| Residential property pre-sales | 463 | 226 | -51,1 |
| Land purchases | 244 | 140 | -42,6 |
| Attributable installed wind power capacity (MW) | 2.347 | 3.030 | 29,1 |
| Passengers served | 3.738.886 | 3.760.065 | 0,6 |
| Cargo handled (linear metres) | 6.930.032 | 6.685.787 | -3,5 |
| Average workforce | 32.434 | 35.583 | 9,7 |
The results are presented in accordance with International Financial Reporting Standards (IFRS). ACCIONA reports in accordance with its business structure, which comprises five divisions:
ACCIONA Infrastructure: construction, engineering and transport concessions. Acciona Real Estate: property rental and development.
ACCIONA Energy: development, construction, operation and maintenance of renewable energy installations and related manufacturing activities.
ACCIONA Logistic & Transport Services: end-to-end passenger and cargo transport by land, sea and air.
- ACCIONA Environmental & Urban Services: city services and environmental protection.
Other activities: fund management, securities brokering, wine production and other businesses.
An increase of 46.6% regarding the EBITDA is mainly a consequence of Endesa´s proportional consolidation during the last term of last financial year as well as to the contribution of ACCIONA Energia, ACCIONA Real Estate, ACCIONA Infrastructure and Other Businesess.
Regarding the EBITDA contribution by divisions, ACCIONA Energy contributed 27.6%, followed by ACCIONA Infrastructure 20.0%, ACCIONA Real Estate 8.8% and the Services divisions 30.3%.
| % EBITDA | Dec. 06 | Dec. 07 |
|---|
| ACCIONA Infrastructure | 28,7% | 20,0% |
| ACCIONA Real Estate | 12,4% | 8,8% |
| ACCIONA Energy | 37,9% | 27,6% |
| ACCIONA Logistic & Transport Services | 12,0% | 4,9% |
| ACCIONA Environmental & Urban Services | 4,9% | 3,2% |
| Other activities | 4,0% | 5,1% |
| Endesa | 0,0% | 30,3% |
