Eneco Holding N.V. (‘the company’) is a two-tier company incorporated under Dutch law, with its registered office in Rotterdam. It is the holding company of subsidiaries and joint ventures (referred to as a group as ‘Eneco’). Eneco’s activities are in energy supply, including the production, purchase and sale, transmission, distribution and delivery of energy, heating and cooling and the construction, management and operation of networks, promoting and providing information on the effective and economic use of energy, and research and development into new energy products and services.
The consolidated financial statements have been prepared by the company’s Board of Management for publication on 8 March 2013. The 2012 financial statements were signed by the Supervisory Board during its meeting on 1 March 2013 and will be presented for adoption by the General Shareholders' Meeting to be held on 27 March 2013.
Unless otherwise stated, all amounts in the financial statements are in millions of euros.
The company's consolidated financial statements have been prepared in compliance with the International Financial Reporting Standards (IFRS) in force at 31 December 2012, as adopted by the European Commission, and with the provisions of Part 9, Book 2 of the Dutch Civil Code. Where necessary, accounting policies of joint ventures and associates have been aligned with those of Eneco Holding N.V. The consolidated financial statements have been prepared on a going-concern basis using the accrual basis of accounting.
The company income statement is presented in an abridged form pursuant to the provisions of Section 402, Part 9, Book 2 of the Dutch Civil Code.