It should be noted that the published indices for 2021 have not been finalized yet and they might change, as the final internal confirmation and the independent limited assurance from an external consultant are still in progress. Any changes that might arise will be clearly indicated (including what changed and when).
|
GRI 102-5 Ownership and legal form |
|
Ownership and Legal form Societe Anonyme Legal form and ownership of your company shareholder structure |
|
GRI 102-7 Scale of the organization |
|
|
FINANCIAL RESULTS |
All Financial Amounts in Thousands of Euro |
|
Total liabilities and equity |
13,266,657 |
|
Total liabilities |
8,606,630 |
|
Total equity |
4,660,027 |
|
Financial income |
65,222 |
|
Financial expenses |
251,963 |
|
Profit (loss) before taxes |
166,354 |
|
Long-term loan liabilities |
2,723,954 |
|
Short-term loan liabilities |
260,000 |
|
|
|
|
Employees |
|
|
Total number of employees 31.12 |
6,634 |
|
Female employees |
28.90% |
|
Number of employees with a collective labor agreement (%) |
6,483 ( 98.0% ) |
|
|
|
|
MARKET AND CUSTOMERS |
|
|
Installed capacity (ΜW) |
9,269 |
|
Net energy generation (GWH) |
24,019 |
|
Market share (average annual) |
64.30% |
|
Percentage of total installed capacity in Greece |
41.90% |
|
Production Share (average annual) |
44.90% |
|
Electricity sold (annually) to final consumers (TWh) |
31.9 |
|
|
|
|
INSTALLED CAPACITY OF POWER PLANTS BY CATEGORY OF PRIMARY ENERGY SOURCE |
|
|
Category of primary energy source |
Installed capacity (MW) |
|
Lignite |
1,595 |
|
Natural gas |
2,689 |
|
Fuel Oil |
1,814 |
|
Hydroelectric |
3,171 |
|
Total |
9,269 |
|
|
|
|
NET PRODUCTION OF POWER PLANTS BY CATEGORY PRIMARY ENERGY SOURCE |
|
|
Category of primary energy source |
Net energy production (GWh) |
|
Lignite |
3,591 |
|
Natural gas |
11,042 |
|
Fuel Oil |
3,992 |
|
Hydroelectric |
5,394 |
|
Total |
24,019 |
|
GRI 102-8 Information on employees and other workers |
|
Total number of employees: 6,634 |
|
Female employees : 1,916 |
|
Male employees: 4,718 |
|
% of female employees out of total employees 28.9% |
|
Number of employees with a collective labor agreement (%)*: 6,483 - 98% |
|
*Permanent personnel including executives with a 3-year fixed-term contract. |
|
GRI 102-13 Membership of Associations |
|
Association Of Corporate Counsels (ACC DOCKET) |
|
GRI 102-15 Key impacts, risks, and opportunities |
|
The Company has defined risk as a set of uncertain and unpredictable circumstances that may have an overall adverse effect on its business, operations, financial performance, or operating results, as well as on the implementation of its strategy and the achievement of its objectives. Since its establishment in November 2020, the Risk Management Department (RMD) is entrusted with the mission of shielding the Company against internal and external risks arising from the performance of its business, through the centralized monitoring and coordination of the management of exposure to these risks. The Risk Management Department (RMD) is responsible for developing and implementing an appropriate risk management system in line with the Company's risk management policy The Risk Management Committee provides Risk Oversight to all of the Company's activities and contributes to the development of the Corporate Risk Management Framework, the formulation of relevant Policies and methodologies, the monitoring and reporting of significant Corporate Risks and makes decisions regarding the assessment and management of these risks in accordance with a) the Corporate Risk Management Framework and b) the Risk Management Policies. The RMD is part of the second line of defence of the internal control system and reports directly to the CEO, in order to perform its duties in an objective and independent manner without being influenced by the Company's Units. In this context, the Risk Management Department is responsible for the development and maintenance of a risk management system through which all corporate risks are identified, assessed and prioritized, and subsequently the strategy to address them is developed and monitored. In addition, the Risk Management Department updates the Company's Risk Register and contributes to the development of risk management policies and procedures. Further to the above, a project to identify, assess and prioritize corporate risks is underway, under the responsibility of the RMD and with the assistance of a specialist consultant. Risk Assessment is the extensive exercise of a thorough review of the daily activities of each business area in order to identify the factors that may cause any kind of damage or introduce uncertainties in the achievement of the objectives of the Company, and to quantify the magnitude of the impact and the likelihood of its occurrence. This exercise enhances the Company's awareness of the various risks and enables Management to make decisions on the strategy to address (accept, avoid, mitigate, or insure against) each of them. Upon completion of the project, the company will be able to: The risks identified and faced by the Company include, but are not limited to: 1. Risks related to the business activities of the Group and the Parent Company. 2. Risks related to macroeconomic conditions in Greece and the European Union 3. Risks related to the regulatory and legal framework 4. Risks related to the financial situation, financial results, and financing Extraordinary Events The Company's activities involve risks of accidents and employees, or third parties may suffer injury or death as a result of such accidents. In particular, while the Company believes that its equipment is designed and manufactured in a satisfactory manner and is subject to rigorous quality controls, quality assurance testing and its condition are in compliance with the standards and regulations applicable to occupational health and safety, their design and manufacturing processes are entirely controlled by suppliers, manufacturers and contractors and not by the Company and there can be no assurance that there will be no accidents during operation. In addition, the effects of the above may pose significant and long-term risks to the environment due to pollution and may pose a health risk or nuisance to residents of neighboring areas. The Company may be required to pay damages or fines, remedy environmental damage or cease operation of power plants in order to comply with environmental, health and safety regulations. The Company may also face claims for civil liability or fines in the ordinary course of its business as a result of damages to third parties caused by natural and man-made disasters, as mentioned above. These liabilities may result in the payment of damages in accordance with applicable laws. |
|
GRI 102-16 Values, principles, standards, and norms of behavior |
|
Code of Conduct |
|
GRI 102-18 Governance structure |
|
Financial Report FY2021, pp. 66 – 125 |
|
GRI 102-35 Remuneration policies |
|
GRI 102-41 Collective bargaining agreements |
|
Total Human Resources covered by Collective Labor Agreements 6,483 Number of employees with a collective labor agreement (%) 98% |