Síntesis de mcl-PHA a partir de ácidos grasos

E.ON exchanges goods and services with a large number of companies as part of its continuing operations. Some of these companies are related parties, the most significant of which are associated companies accounted for under the equity method. Additionally reported as related parties are joint ven- tures, as well as equity interests carried at fair value and unconsolidated subsidiaries. Transactions with related parties are summarized as follows:

Income from transactions with related companies is gener- ated mainly through the delivery of gas and electricity to dis- tributors and municipal entities, especially municipal utilities.

Related-Party Transactions € in millions 2009 2008 Income 5,312 7,492 Expenses 3,060 3,627 Receivables 1,641 2,433 Liabilities 2,950 3,433

The expense determined in accordance with IFRS 2 for the tranches of the E.ON SAR Program and the E.ON Share Per- formance Plan in existence in2009 was €3.4 million (2008: €0.9 million income).

Detailed, individualized information on compensation can be found in the Compensation Report on pages 150 through 155.

Under IFRS, segments or material business units that have been sold or are held for sale must be reported as discontinued operations. For the 2009 and 2008 fiscal years, this concerns WKE. The corresponding earnings and cash flow figures as of December 31, 2009, as well as those for the preceding peri- ods, have been adjusted for all components of the discontin- ued operations (see explanations in Note 4).

Adjusted EBIT is the key measure at E.ON for purposes of internal management control and as an indicator of a busi- ness’s long-term earnings power. Adjusted EBIT is derived from income/loss before interest and taxes and adjusted to exclude certain special items. The adjustments include adjusted net interest income, net book gains, cost-management and restructuring expenses, goodwill impairments, as well as other non-operating income and expenses.

Adjusted net interest income is calculated by taking the net interest income shown in the income statement and adjusting it using economic criteria and excluding certain special items, i.e., the portions of interest expense that are non-operating. Net book gains are equal to the sum of book gains and losses from disposals, which are included in other operating income and other operating expenses. Cost-management and restruc- turing expenses are non-recurring in nature. Other non-oper- ating earnings encompass other non-operating income and expenses that are unique or rare in nature. Depending on the case, such income and expenses may affect different line items in the income statement. For example, effects from the marking to market of derivatives are included in other operat- ing income and expenses, while impairment charges on property, plant and equipment are included in depreciation, amortization and impairments.

Under IAS 24, compensation paid to key management personnel (i.e., the members of the Board of Management of E.ON AG) must be disclosed. The total expense for 2009 amounted to €12.3 million (2008: €14.5 million) in short-term benefits and €1.6 million (2008: €2.3 million) in post-employment benefits. The service cost of post-employment benefits is equal to the service cost of the provisions for pensions.

(33) Segment Information

The segment information of the E.ON Group is presented in line with the Company’s internal organizational and reporting structure.

• The Central Europe market unit focuses on E.ON’s elec- tricity business and the downstream gas business in central Europe.

• Pan-European Gas is responsible for the upstream and midstream gas business. This market unit additionally holds interests predominantly in energy businesses in Europe outside of Germany.

• The U.K. market unit encompasses the energy business in the United Kingdom.

• The Nordic market unit is concentrated on the energy business in Northern Europe.

• The U.S. Midwest market unit is primarily active in the regulated energy market in the U.S. state of Kentucky.

• Energy Trading combines E.ON’s European trading activi- ties for electricity, gas, coal, oil and CO₂ allowances.

• All of the remaining operating segments have been com- bined in accordance with IFRS 8, and are reported as the “New Markets” segment. New Markets contains the activities of the Climate & Renewables, Italy, and Russia market units, as well as the Spain market unit.

Corporate Center/Consolidation contains E.ON AG itself, the interests held directly by E.ON AG, as well as the consolidation effects that take place at Group level.

Net book gains in 2009 increased by €3.5 billion over the previous year’s level. This higher amount was attributable pri- marily to the disposal of power plants as part of the com- mitment to the European Commission, the sale of Thüga to a consortium of municipal acquirers and the realization of price gains on the exchange of Gazprom shares for the inter- est in the Yuzhno-Russkoye gas field.

Cost-management and restructuring expenses decreased by approximately €80 million in 2009. As in 2008, the expenses related primarily to structural measures at German regional utilities and to costs incurred in connection with the con- tinued implementation of the new corporate organizational structure.

Due to the adjustments, the key figures by segment may differ from the corresponding IFRS figures reported in the Consoli- dated Financial Statements.

The following table shows the reconciliation of adjusted EBIT to net income as reported in the IFRS Consolidated Financial Statements:

Net Income

€ in millions 2009 2008

Adjusted EBIT 9,646 9,878

Adjusted interest income (net) -2,177 -1,835 Net book gains/losses 4,815 1,324 Restructuring/Cost management

expenses -443 -524

Impairment U.S. Midwest,

Endesa Europa/Viesgo – -3,327 Other non-operating earnings -48 -2,933 Income/Loss (-) from continuing

operations before taxes 11,793 2,583

Income taxes -2,976 -834

Income/Loss (-) from continuing

operations 8,817 1,749

Income/Loss (-) from discontinued

operations, net -172 -128

Net income 8,645 1,621

Attributable to

shareholders of E.ON AG 8,396 1,283 Attributable to minority interests 249 338

Financial Information by Business Segment

€ in millions

Central Europe Pan-European Gas U.K.

2009 2008 2009 2008 2009 2008

External sales 33,456 32,691 15,360 21,272 8,247 8,884

Intersegment sales 7,963 8,444 5,280 6,150 1,850 2,167

Sales 41,419 41,135 20,640 27,422 10,097 11,051

Adjusted EBITDA 6,479 6,266 2,275 3,113 1,080 1,396

Depreciation and amortization -1,601 -1,498 -465 -494 -427 -474

Impairments (-)/Reversals (+)1 _{-61 -48 -56 12 -4 –}

Adjusted EBIT 4,817 4,720 1,754 2,631 649 922

Earnings from companies accounted for under the equity method1 _{292 300 713 644 1 4}

Cash provided by operating activities 5,180 4,016 645 2,081 1,562 893

Investments 3,256 3,188 1,610 1,215 897 1,162

Intangible assets and property, plant and equipment 3,039 2,965 1,117 943 864 1,120

Equity investments2 _{217 223 493 272 33 42}

1_{Impairments recognized in adjusted EBIT differ from the relevant amounts reported in accordance with IFRS due to impairments on companies accounted for under the}

equity method and impairments on other financial assets, and also due to impairments recognized in non-operating earnings. Under IFRS, impairments on companies accounted for under the equity method and impairments on other financial assets are included in income/loss (-) from companies accounted for under the equity method and financial results, respectively. In 2008, the differences resulted primarily from goodwill impairment charges, which are reported in non-operating earnings.

2_{In addition to those accounted for under the equity method, acquisitions of equity investments also include acquisitions of fully consolidated companies and investments in}

An additional adjustment to the internal profit analysis relates to interest income, which is adjusted on an economic basis. Adjusted net interest income is calculated by taking the net interest income shown in the income statement and adjusting it using economic criteria and excluding certain special (i.e., non-operating) items.

Adjusted net interest income fell by €342 million from its level in 2008, primarily as a result of the increased average level of net debt during 2009.

Transactions within the E.ON Group are generally effected at market prices.

Adjusted Net Interest Income

€ in millions 2009 2008

Interest and similar expenses (net) as shown in the Consolidated

Statements of Income -2,249 -1,893 Non-operating interest expense (+)/

income (-) 72 58

Adjusted interest income (net) -2,177 -1,835

Other non-operating earnings were characterized primarily by the marking to market of derivatives used to protect the operating businesses from fluctuations in prices. As of Decem- ber 31, 2009, this marking to market of deriv atives produced a positive effect in the range of €1.1 billion, as opposed to the negative effect of approximately €2.2 billion recorded in 2008. The recognition in income of effects associated with corpo- rate restructuring that had previously been recognized in equity also had a positive effect. The positive effects were off- set by the fine of €553 million for alleged market sharing between E.ON Ruhrgas and GdF Suez, by impairment charges on securities, financial assets and other assets, and by costs incurred in connection with a storm in Kentucky at the beginning of 2009. In 2008, the negative effect on non-operat- ing earnings of the marking to market of derivatives was added to primarily by the impairment charge of €1.5 billion on the goodwill of the U.S. Midwest market unit and by the impairment charge of €1.8 billion on the goodwill and other assets of the activities acquired from Enel/Acciona and Endesa in Italy, Spain and France.

Nordic U.S. Midwest Energy Trading New Markets

Corporate Center/

Consolidation E.ON Group

2009 2008 2009 2008 2009 2008 2009 2008 2009 2008 2009 2008 2,491 2,683 1,843 1,880 14,457 13,767 5,889 5,543 74 33 81,817 86,753 857 1,194 – – 26,794 17,993 1,860 319 -44,604 -36,267 – – 3,348 3,877 1,843 1,880 41,251 31,760 7,749 5,862 -44,530 -36,234 81,817 86,753 851 1,112 552 549 961 649 1,544 510 -216 -210 13,526 13,385 -309 -339 -168 -154 -10 -2 -660 -409 -62 -86 -3,702 -3,456 -7 -3 – – -2 -2 -22 -11 -26 1 -178 -51 535 770 384 395 949 645 862 90 -304 -295 9,646 9,878 -7 5 – 21 – – 10 -1 -7 -5 1,002 968 523 835 342 271 1,122 -1,452 1,010 140 -1,330 -46 9,054 6,738 1,104 939 545 650 53 8 1,881 3,305 -146 7,939 9,200 18,406 810 923 545 650 41 7 1,788 2,250 172 138 8,376 8,996 294 16 – – 12 1 93 1,055 -318 7,801 824 9,410