innogy Energie | Annual Report 2017

innogy Energie | Annual Report 2017

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Key Ratios (Czech accounting standards)

2017

Total sales (CZK m) 32,252

EBITDA (CZK m) 4,159

Operating result (CZK m) 3,881

Profit before taxation (CZK m) 4,009

Profit after taxation (CZK m) 3,244

Investments (CZK m) 110

Number of employees (converted to FTE) 237

innogy Energie, s.r.o. is hereinafter also referred to as “the Company” or “ innogy Energie”.


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Table of contents

1 The Chairman’s statement _____________________________________________________ 4

2 Corporate information ________________________________________________________ 5

2.1 General Information _________________________________________________________ 5

2.2 Shareholders _______________________________________________________________ 5

2.3 Statutory Body ______________________________________________________________ 6

2.4 Persons Responsible for the Annual Report and for the Audit of Financial Statements ______ 7

3 Management Report for 2017 __________________________________________________ 8

3.1 Results ____________________________________________________________________ 8

3.2 Strategy and Business ________________________________________________________ 9

3.3 Marketing and Communication ________________________________________________ 11

3.4 Human Resources __________________________________________________________ 14

3.5 Occupational Health and Safety and Environmental Protection _______________________ 15

3.6 Subsequent Events _________________________________________________________ 16

3.7 Outlook __________________________________________________________________ 16

4 Financial Part ______________________________________________________________ 18

4.1 Financial Statements ________________________________________________________ 18

4.2 Notes to the Financial Statements ______________________________________________ 23

5 Independent Auditor’s Report _________________________________________________ 40

6 Report on relations for the accounting period of 2017 _______________________________ 42


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1 The Chairman’s statement

Ladies and Gentlemen,

The first year in which we conducted business under the name innogy is behind us. Customers' trust

and the strength and growing awareness of the innogy brand are an obligation for us on the one hand,

and on the other, they give us an edge in the highly competitive Czech energy market.

Last year, the number of households that decided to switch their energy supplier continued to grow.

Being the number one on the energy market, we are under the greatest pressure from the competition

due to inherent reasons, and I am glad to report that we performed favorably and that innogy's

customer portfolio remained stable. In February, we once again reduced natural gas prices

to the benefit of our customers – the price of gas has declined by as much as 25% since 2013.

Our success on the electricity market continued, as we confirmed our status of the fastest growing

alternative supplier. In the reported year, a record-high 70,000 new agreements were signed and

gradually added to the core part of the innogy customer portfolio.

The most important and most revolutionary product we offered was Consumption Monitoring, a smart

energy monitoring solution that combines the IoT technology consisting of a small sensor

with the innosvět (innoWorld) mobile application. During the first two months, the application was

downloaded by over 10,000 users. We also developed a battery system for photovoltaic power plants

adapted to the Czech phase-based measuring method.

We followed new trends and innovations in customer service, where we were able to maintain a high

level of customer satisfaction. Thanks to the new iCE application, which was deployed in the middle

of the year, we were able to assess the satisfaction level in detail in all service channels, and to respond

rapidly to ascertained deficiencies. Another new feature was the robotization of customer-related

administrative tasks. In the summer, we improved the design and structure of invoices. In the fall,

the Customer Service Center in Prague's district of Prosek was relocated to a modern facility

in the Chodov Shopping Center.

In the heat supply business, focus concentrated on our largest facility in Náchod, where we stopped

using coal, and the plant was fully converted to natural gas. Further, we continued upgrading the entire

municipal heat supply system and improving its ecological parameters. Growth continued in the CNG

segment, where the volume of gas sold increased by 20%.

All things considered, I am happy to report that we recorded excellent financial results in 2017. My

thanks go to all employees for their commitment throughout the reported year.

Tomáš Varcop

Chairman of the Executive Directors, CEO innogy Energie, s.r.o.


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2 Corporate information

2.1 General Information

Business name: innogy Energie, s.r.o.

Registered office: Limuzská 3135/12, Strašnice, 108 00 Prague 10

Company No.: 499 03 209

Legal form: Limited Liability Company

Establishment and Inception

The Company was established under the Czech law (Section 172 of the Commercial Code) under

the business name of Severočeská plynárenská, a.s. The sole founder of the Company was the National

Property Fund of the Czech Republic, with registered office at Rašínovo nábřeží 42, Prague 2.

The Company was incorporated on 1 January 1994 upon registration under Section B, File 515

in the Commercial Register maintained by the Ústí nad Labem Regional Court. The Company changed

its business name to RWE Energie, a.s. on 1 June 2009. On 1 January 2014, RWE Energie changed its

legal form from joint-stock to limited liability company and relocated its registered office

from Ústí nad Labem to Prague. By the sole shareholder’s decision, the name of the Company was

changed to its current name, innogy Energie, s.r.o., with effect from 1 October 2016.

Corporate Profile

The core business of innogy Energie is selling natural gas and electricity.

Branch or other part of the business abroad

The Company does not have any branch or any part of its business abroad.

Research and Development

The Company does not carry out research and development of new products.

2.2 Shareholders

Registered Capital

The share capital was paid upon incorporation by means of the contribution specified

in the Memorandum of Association and appraised in the approved privatization project

for Český plynárenský podnik, a state-owned enterprise with registered office at Belgická 26, Prague

2. The share capital was divided into 1,031,131 shares, each with a nominal value of CZK 1,000. There

was no change in the value of the Company's share capital in recent years.

Ownership Structure

Throughout the reported acounting period, the sole shareholder of innogy Energie was

innogy Česká republika a.s. with registered office at Limuzská 3135/12, 100 98 Praha 10 - Strašnice.


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2.3 Statutory Body

Executive Directors as at 31 December 2017

Tomáš Varcop

Chairman of the Executive Directors, CEO

Born: 15 April 1965

Education: Brno Technical University, Faculty of Mechanical Engineering, University of Pittsburgh, MBA

Membership of bodies of other companies: None

Any other business activities: None

Zbyněk Solecký

Executive Director, CFO

Born: 19 August 1970

Education: Charles University, Faculty of Mathematics and Physics, Mathematical Analysis,

MBA at ESCEM/UNYP

Membership of bodies of other companies: None

Any other business activities: None

The composition of the Company’s Executive Directors did not change in 2017.


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2.4 Persons Responsible for the Annual Report and for the Audit of Financial

Statements

Auditor and the audit company responsible for the audit of the financial statements of innogy Energie,

s.r.o. for 2017

Audit firm: Auditor in charge: PricewaterhouseCoopers Audit, s.r.o. Hana Valešová Hvězdova 1734/2c Statutory Auditor, Evidence No 2004 140 00 Prague 4 Registered in the Register of Audit Firms of the Czech Chamber of Auditors, Evidence No. 021 In Prague on 9 March 2018 Person Responsible for Accounting Lubomír Frydrych

Manager, Asset Accounting

innogy Česká republika a.s.

Persons Responsible for the 2017 Annual Report of innogy Energie

We, the undersigned, hereby affirm that information disclosed in this Annual Report is true and that no

facts of material importance have been omitted or misrepresented.

Tomáš Varcop Zbyněk Solecký Chairman of the Executive Directors, CEO Executive Director, CFO innogy Energie, s.r.o. innogy Energie, s.r.o.


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3 Management Report for 2017

3.1 Results

Revenues, Expenses, Profit

In 2017, the Company continued its prosperous performance in recent years and once again recorded

excellent financial results. Compared to 2016, earnings before taxes increased by CZK 585 million (+17%)

and reached the CZK 4,009 million mark. Earnings after taxes amounted to CZK 3,244 million,

a year- over-year increase by CZK 475 million (+17%). The favorable development of the above figures

was largely due to a CZK 293 million year-over-year increase in financial profit. Profit amounted

to CZK 129 million, mainly thanks to proceeds from derivative transactions. A year-over-year

improvement was also recorded in the margin on electricity and natural gas sales.

Overall, sales of natural gas, electricity, and goods and services relating to the development

of non- commodity trading amounted to CZK 32,252 million, a 5.5% drop from the previous year.

The decrease was mainly due to lower natural gas sales caused by the departure of large customers

in the Industrial segment and a reduction of prices in the Residential segment. The decrease was partly

compensated by higher electricity sales brought by the constantly growing customer portfolio.

The decrease in total sales was offset by a 7% drop in purchased consumables and services, mainly due

to a lower quantity of purchased gas and decreasing commodity purchase prices. Thanks to that, in view

of negligible changes in the balance of other operating costs and revenues, the Company's operating

profit increased by CZK 292 million (8%) year-over-year to reach the total of CZK 3,881 million.

Assets

The Company's balance sheet total at 31 December 2017 amounted to CZK 23,535 million. Compared

to the preceding year, the value remained stable, and was reduced by no more than CZK 37 million

(-0.2%) chiefly due to a decrease in the balance of intangible fixed assets (higher accumulated

depreciation) and a decrease in temporary assets (lower bonuses paid to customers).

3,13,6

3,9

2,6 2,83,2

0,0

0,5

1,0

1,5

2,0

2,5

3,0

3,5

4,0

4,5

2015 2016 2017

Operating Result and Net Earnings (CZK billion)

Operating result Net earnings


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Current assets, short-term receivables in particular, accounted for 99% of the total value of assets. There

was a negligible year-over-year change in the total amount of current assets (+0.3%) because a slight

increase in short-term receivables was compensated by a lower balance of cash.

Liabilities

The Company's equity amounted to CZK 5,211 million and accounted for 22% of the total balance

of liabilities. Equity increased by CZK 688 million (+15%), mainly on account of higher earnings in 2017

as well as the impact of revaluation of derivatives worth CZK 211 million.

Liabilities decreased by CZK 726 million year-over-year (-4%), particularly as regards short-term

payables. The decrease was mainly cause by a drop in the estimated cost of gas procurement and

in short-term prepayments for gas supply received from customers.

Investments

In 2017, fixed assets worth CZK 110 million in total were acquired in accordance with the approved

investment plan. Investments mainly went into the development of existing information systems and

into new IT projects. Compared to the previous year, the total value of investments increased

by CZK 25 million, mainly on account of an investment into a new system for obtaining and assessing

feedback from customers regarding innogy's services. All investment projects were executed

in the Czech Republic and financed exclusively using the Company's own resources. The Company did

not invest into shares and bonds.

Financing

Operations and investments were financed in a problem-free manner throughout the reported year.

Risk Management

All risks are recorded in the catalogue of risks. The most important risks to which the Company

is exposed are the credit and market risks, which stem from the trading of electricity and natural gas.

Further, active measures are taken to manage currency, interest, and operational risks. Risk

management is primarily the responsibility of the Risk Management Committee, a body composed

of members of the innogy Group's top management that issues recommendations based on which

the Executive Directors approve exemptions from standard risk management rules. Hedge accounting

is used to mitigate the impact of risks relating to derivative transactions on the Company's financial

performance.

3.2 Strategy and Business

The reported year was marked by further reinforcement of the innogy brand, as witnessed

by the continuing stabilization of the natural gas customer portfolio, growth of the electricity customer

portfolio, and other successful projects and products in the non-commodity segment.

A groundbreaking solution to household consumption monitoring was provided by the innosvět

(innoWorld) service, and a large number of customers took advantage of our offer of household

insurance and solar power plants. In the segment of individually served customers, we offered new


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forms of partnership with regard to consulting, such as the iClever service. Even more importantly,

innovative solutions to industrial lighting under the iSmart brand launched another successful chapter

in the provision of non-commodity services.

Meticulous adherence to our business strategy allowed the Company to maintain its leading position

on the natural gas market and to sustain the dynamic growth of its share of the electricity market

in recent years. As in previous years, innogy Energie was among the most successful players on market,

and was selected by a high number of customers who switched their supplier in 2017.

Last year's average temperature of 8.61 °C (source: CHMI) was warmer than the long-term average

of 7.89 °C. The negative effect of climatic conditions on the quantity of natural gas sold was

compensated by significantly higher consumption in the month of January, when temperatures

remained far below both the long-term average and temperatures recorded in recent years.

Sale of Natural Gas

In 2017, the Company sold 28,362,597 MWh of natural gas to end customers. Sales to end customers

dropped by 3,104,990 MWh (10%) from 2016, mainly due an 18% decrease in sales in the Key Account

segment largely caused by the departure of large customers. Likewise, there was a slight reduction

in the Business Retail (1%) and Household (0.4%) segments.

Procurement of Natural Gas

In 2017, the Company purchased 29,200,153 MWh of natural gas. Most gas was procured

from RWE Supply & Trading CZ, a.s.; the quantity purchased from other suppliers was negligible.

The total quantity purchased last year was 2,743,492 MWh lower than in 2016, particularly due to lower

sales.

Natural Gas Purchased and Sold (MWh)

2017 2016

Sales to end customers Key Account (Industrial) 14,198,086 17,225,232

Business Retail 3,258,508 3,291,997

Residential Retail 10,906,004 10,950,358

Total sales to end customers 28,362,597 31,467,587

Others* 600,555 494,998

Total sold 28,963,153 31,962,585

Total purchased 29,200,153 31,943,645 * Gas resold (RWE Supply & Trading CZ, a.s. and OTE, a.s.)

Note: The difference between gas purchased and sold reflects the market balancing model, which is internally referred to as the trader's imbalance.

Sale of Electricity

Electricity was sold to three basic customer segments. The most important was the Key Account

(Industrial) segment, followed by Residential Retail and Business Retail.

In total, the Company sold 2,637,918 MWh of electricity to end customers, a 15% year-over-year

increase mainly caused by continuing organic growth of the Residential Retail portfolio.


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Procurement of Electricity

In 2017, the Company purchased 3,251,025 MWh of electricity for end customers, mainly

from Slovenské elektrárne, a.s., RWE Supply & Trading GmbH, and Sokolovská uhelná, právní nástupce,

a.s. The quantity purchased from other suppliers was negligible. The total quantity purchased last year

was 517,240 MWh higher than in 2016.

Electricity Purchased and Sold (MWh)

2017 2016

Sales to end customers Key Account (Industrial) 1,626,027 1,390,408

Business Retail 202,006 173,302

Residential Retail 809,884 732,852

Total sales to end customers 2,637,918 2,296,562

Others * 625,165 487,649

Total sold 3,263,083 2,784,211

Total purchased 3,251,025 2,733,785 * Electricity resold to other traders and OTE, a.s.

Note: The difference between gas purchased and sold reflects the market balancing model, which is internally referred to as the trader's imbalance.

3.3 Marketing and Communication

Marketing

During 2017, we continued the rebranding project that has changed our name to innogy. While

the Marketing Department presented innogy as a new brand to all existing and potential customers

in 2016, the reported year saw further efforts that were aimed at supporting the values offered and

represented by the new brand name. An abbreviation of three words, innogy symbolizes outstanding

concepts, which will be the basis for future prosperity in the Czech Republic as well in Europe as a whole

– innovation, technology, and energy. By bringing these concepts together, innogy clearly

communicates the ambition to be the technology and innovation leader in the world of energy and

to offer customers products and services that make their everyday life easier and more convenient.

A testimony to the success of the strategy pursued in 2017 is Consumption Monitoring, a new service

launched in September 2017, which consists of the innosvět (innoWorld) application and a consumption

sensor based on the Internet of Things. A new service format, innosvět shifts the traditional perception

of the energy supply sector to a new level, as it offers customers innovative services with high value

added. The innosvět application is the first solution that allows customers to have energy consumption

in their household fully under control at all times, including future consumption forecasts.

A consumption sensor installed on a gas meter, capable of submitting data on current consumption

to innogy for further processing at regular intervals, and the new innosvět mobile application provide

customers with online data on gas consumption and offer them the option to prevent surprising extra

charges, particularly if it can be assumed based on consumption in the current billing period that

an additional payment will be necessary. Available for the mobile platforms Android and iOS,

the innosvět application offers a host of useful functions and features.


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The innosvět service was launched to underscore innogy's new communication style, which compares

two selected historical periods and presents all the benefits provided by the new service against

the backdrop of the demonstrated contrast. The new communication style was developed

by the Marketing Department in the first half of the reported year to replace Jarmil's Family Adventures,

a concept deemed overly associated with the former RWE brand after being previously in use for six

years. The current results of the new communication style (AdTrack 1/2018) confirm that the change

has been successful, and that the new style has been positively received by both customers and

employees. In the reported year, the Marketing Department and the Corporate Affairs Department

of innogy Česká republika a.s. continued to support the widely popular partnership with the Czech Lion

Awards through an advertising campaign featuring celebrity actors that was closely tied to the popular

fairytale movie Angel of the Lord 2. The picture received our support under the long-term sponsorship

project "The Energy of Czech Film".

Throughout the year, the Marketing Department continued to support all other products and services.

Services and high value added products in the existing portfolio were further developed, such

as household insurance, which provides high household protection and rapid claim adjustment, and

lease of low-energy LED lightbulbs and smoke and carbon monoxide detectors. New services that were

launched included solar power plant installation and special incentives to purchase an electric bicycle

at a discounted price. As regards the sale of traditional commodities, the Marketing Department

continued to offer innovative product pricing (particularly in the framework of the CRM system) and

to facilitate the further streamlining of customer service processes (particularly through digitization).

During the year, we prepared the implementation of a new CMS system, SiteCore, and developed other

online services, such as prepisenergii.cz and innogy24.cz.

The Marketing Department also focused on supporting the branch network and increasing the number

of visits. In 2017, the Marketing Department presented a unique edition of books under the innogy

Library, which included exclusive publications authored by such leading members of Czech cultural life

as V. Postránecký, T. Kostková, and others. The books were offered as an exclusive gift to customers

who signed a new contract or an amendment. Those interested were offered the option to have their

book signed by the author at one of autographing sessions held in our branches. The second half

of the year saw the launch of preparations for a pilot redesign of the Ostrava branch, where the main

objective was to make the local customer service center more attractive and to offer guests an

experience akin to visiting a retail or technology boutique.

Communication

All of the Company's internal and external communication activities were coordinated and organized

by the Corporate Affairs of innogy Česká republika a.s. In 2017, the main communication topic was

the completion of the rebranding process and the presentation of the new trademark – innogy. Other

activities included the presentation of new innovative products and services.

The reported year was the 12th season of the sponsorship project "The Energy of Czech Film", which

is a joint venture of the Company and innogy Česká republika a.s. We supported the feature movies

Family Friend, Deserter, and Bridegroom from the Gardening Shop trilogy directed by Jan Hřebejk,

Barefoot, a new film from the Svěrák family, and Krobot's comedy Quartet. The Corporate Affairs


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Department of innogy Česká republika a.s. negotiated partnerships between the Company and

the Uherské Hradiště Summer Film School and the Barrier-Free Cinema held during the 52nd edition

of the Karlovy Vary International Film Festival, and a joint partnership with the 24th season of the Czech

Lions Film Awards.

At the end of 2017, the long-term sponsorship project "The Energy of Czech Skiing" entered its 13th

season. The Company, together with innogy Česká republika a.s., supports as many as 13 skiing resorts

in the Czech Republic. Prior to the new season, the visibility of the innogy brand was reinforced

in the Špindlerův Mlýn – Svatý Petr and Černá hora – Pec skiing resorts. We continued to promote skiing

safety in Czech mountains by installing information signs and safety features.

The long-term partnership with skiing resorts provides attractive benefits to all of the Company's

customers with an innogy Card. Cardholder are eligible for not only a 20% discount on one-day adult ski

passes, but also for a 10% discount on the price of a ski pass for the entire family.

The Company is committed to providing support for regional projects. Our effort to contribute

to the development of Czech regions is evidenced not only by advertising partnerships with regional

culture and sports events, but also by support for various nonprofit activities and charity projects. We

continued to act as the general partner to Between the Fences, a project that combines a popular

culture festival with a charity initiative. The Company opened a new exhibition in the World

of Technology in the Lower Vítkovice district. Our sponsorship efforts included regular support for active

ways of spending pastime. Apart from skiing, the Company supplied energy for a series of running events

that include innogy Winter Run, Night Run, and innogy Kids Cup.

In 2017, the Company supported 102 projects with financial assistance in the total amount

of CZK 5 million. The Company's key partners included Our Child Foundation, Charta 77 Foundation –

Barriers Account, NROS Foundation, and Life 90. The selected projects mainly focused on assisting

senior citizens, handicapped individuals, children, and young people, on procuring special aids

for schools, and on ecology projects.

As in the past, employee involvement was supported by innogy Companius, a long-term program under

which financial and organizational support is provided to nonprofit organizations in which our

employees actively participate by performing volunteer work. In 2017, the innogy Companius program

had a budget of CZK 1.7 million, which was used to support 81 projects. The Company's share amounted

to CZK 300 ths. The funds mainly went into support for sports, cultural, educational, and training

activities as well as for social purposes. Employees of innogy companies in the Czech Republic actively

assisted during various events, such as the Floorball Benefit Tournament held by the Prague Wheelchair

Sports Club, fall cleanup at Centrum Paraple, and last year's annual Christmas Meeting of Senior Citizens

organized by the registered institute Life 90.

The Company's staff were provided with the opportunity to take part in the Summer Sports Games and

to visit one of the premiere screenings of the movie Barefoot.


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3.4 Human Resources

Staffing Levels

In 2017, employee headcount (FTE) in the Company was 237. The number of employees increased

mainly as result of a further enlargement of the Energy Services and Innovations & SBD Departments

in connection with an expansion of non-commodity activities.

Headcount (FTE)

Year 2017 2016

Number of employees 237 226

Employee Structure by Education in the Year Ended 31 December 2017

Wages

The development of wages in 2017 fully reflected the Company's needs and the current situation

on the labor market in line with the top management's human resources plans and strategy. During

the year, we conformed to all remuneration rules and wage increase principles agreed in the current

Collective Agreement.

Employee Training and Career Development

In 2017, the Company spent 1.24% of wage costs on the training and personal development of its

workforce. The average annual training cost per employee amounted to CZK 9,367, a slight increase

mostly due to the organization of a higher number of customize training events aimed

at the development of sales skills.

Year 2017 2016

Annual cost/employee CZK 9,367 CZK 9,166

0,8%

29,2%

70,0%

Secondary Complete secondary University


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Social Policy

The Company performed its obligations under the Collective Agreement for the period

from 1 January 2016 to 31 December 2018, which was signed in January 2016 with the SOS Energie

Trade Union, the UNIOS innogy Association of Trade Union Locals, and the ECHO Náchod Heating Plant.

Although the Collective Agreement was in effect until the end of 2018, revisions were negotiated by the

Company's management and trade union representatives in the second half of 2017. The decision was

made in consideration of the favorable business performance of innogy in the Czech Republic and our

commitment to be an employer of choice for the best talents and experts on the market. The negotiated

amendments mainly include higher wages and improved working conditions in the forthcoming years.

The Company offers all employees the option to draw an annual contribution of CZK 27,000 through

the Benefit Portal and obtain a wide range of other benefits, including discounted prices for products

and services offered by external partners under the program "Special Prices for Employees".

3.5 Occupational Health and Safety and Environmental Protection

Occupational Health and Safety

As in previous years, the Company concentrated on the development of occupational health and safety.

In 2017, we continued workshops for management employees with the aim of strengthening

the positive influence they exert on the culture of occupational health and safety.

At the same time, we launched a mobile application for reporting safety inspections and interviews,

which leads us in the direction of digitization in occupational health and safety. The application also

allows employees to report defects in the workplace, near accidents, and work accidents.

One of the key indicators for occupational safety is the lost time injury frequency (LTIF), which indicates

the number of accidents at work resulting in work incapacity per million of hours worked. The LTIF target

in 2017 was a value below 1.85, including accidents sustained by contractor staff. The actual LTIF value

recorded in the reported year amounted to 2.01 in all innogy companies in the Czech Republic, including

work accidents of contractors' workers. Slips, trips, and falls were the most common causes of accidents.

There was no work accident resulting in incapacity for work at innogy Energie.

Environmental Protection

A responsible and active attitude to the environment is one of the Company's fundamental values.

Environmental protection is included in all operations and decision-making processes, and it is overseen

using an environmental management system. The Company's top management is committed to ongoing

improvement in this area through environmental targets and programs.

Considering that our business consists of trading and administrative tasks, the Company's operations

have a negligible adverse environmental impact. Our employees' awareness of environmental

protection and other related issues is increased through environmental education.


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innogy Energie is subject to ecology-related commitments under five agreements with the Czech

Ministry of Finance, under which payments are made for the cost of remediation of environmental

issues originating prior to the Company's privatization. In September 2017, the remediation of pollution

caused by city gas production by the Company's a state-owned predecessor began at a locality

in Karlovy Vary. The pollution will be removed at the expense of the government. The relevant public

contract has been awarded by the Ministry of Finance. Remediation work will last five years. Post-

remediation monitoring will last another two years. In 2017, we also carried out cleanup in Brno, Cheb,

Lipník nad Bečvou, Teplice, and Jihlava in conformity to our ecology commitments. At the same time,

project documentation was prepared for the award of contracts for the remediation of environmental

pollution in a number of localities in accordance with the timetable of Priority Projects compiled

by the Czech Ministry of Finance based on recommendations of the Ministry of Environment.

No emergency with an adverse impact on the environment occurred in 2017.

3.6 Subsequent Events

As at the date of this Annual Report, there have been no reportable events liable to have a material

effect on the Company's business.

3.7 Outlook

The year 2018 will be marked by continuing development of the innogy brand on the Czech market, not

only as a provider of traditional services in the energy supply sector, but also, and most importantly,

as a provider of a growing range of non-commodity products and services.

In the forthcoming year, the Company will focus on comprehensive energy solutions closely tied to new

information technologies, will continue to proceed toward the digitization of services, and will further

develop products successfully introduced in recent years, such as industrial lighting, solar power plants,

and the like. Focus will also concentrate on the e-mobility segment.

Attractive commodity products will be offered to residential customers, where the main objective is to

maintain and develop the existing customer portfolio. As in other areas of our business, the priority for

this segment will be the dynamic pursuit of digitization through another stage in the development of

the innosvět (innoWorld) application.

As to internal processes, the Company will face the complicated task of implementing legislative

requirements introduced by the General Data Protection Regulation (GDPR).


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4 Financial Part

4.1 Financial Statements Company name: innogy Energie, s.r.o. Identification number: 49903209 Legal form: private limited company Primary business: business with gas and electricity Balance sheet date: 31 December 2017 Date of preparation of the financial statements: 16 February 2018

BALANCE SHEET (in thousand Czech crowns)

Ref. ASSETS Row 31.12.2017 31.12.2016

a Gross Provision Net Net

b c 1 2 3 4

TOTAL ASSETS 001 25,037,993 (1,502,688) 23,535,305 23,572,664

B. Fixed assets 003 918,438 (828,652) 89,786 138,850

B. I. Intangible fixed assets 004 865,309 (776,484) 88,825 137,840

B. I. 2. Royalties 006 863,004 (776,484) 86,520 137,840

B. I. 2. 1. Software 007 852,212 (765,692) 86,520 137,840

B. I. 2. 2. Other royalties 008 10,792 (10,792) - -

B. I. 5. Advances paid and intangible fixed assets in the course of construction 011 2,305 - 2,305 -

B. I. 5. 2. Intangible fixed assets in the course of construction 013 2,305 - 2,305 -

B. II. Tangible fixed assets 014 4,429 (3,468) 961 1,010

B. II. 1. Land and constructions 015 785 (781) 4 68

B. II. 1. 1. Land 016 4 - 4 4

B. II. 1. 2. Constructions 017 781 (781) - 64

B. II. 2. Equipment 018 2,731 (2,569) 162 138

B. II. 3. Adjustment to acquired fixed assets 019 852 (118) 734 791

B. II. 4. Other tangible fixed assets 020 13 - 13 13

B. II. 4. 3. Tangible fixed assets - other 023 13 - 13 13

B. II. 5. Advances paid and tangible fixed assets in the course of construction 024 48 - 48 -

B. II. 5. 2. Tangible fixed assets in the course of construction 026 48 - 48 -

B. III. Long-term investments 027 48,700 (48,700) - -

B. III. 5. Other long-term investments in securities 032 48,700 (48,700) - -

C. Current assets 037 24,061,060 (674,036) 23,387,024 23,324,337

C. I. Inventories 038 6,737 - 6,737 2,932

C. I. 1. Raw materials 039 2,270 - 2,270 -

C. I. 3. Finished goods and goods for resale 041 4,467 - 4,467 2,932

C. I. 3. 1. Finished goods 042 239 - 239 -

C. I. 3. 2. Goods for resale 043 4,228 - 4,228 2,932

C. II. Receivables 046 23,997,517 (674,036) 23,323,481 23,171,632

C. II. 1. Long-term receivables 047 80,936 - 80,936 68,316

C. II. 1. 4. Deferred tax asset 051 68,272 - 68,272 56,052

C. II. 1. 5. Receivables - other 052 12,664 - 12,664 12,264

C. II. 1. 5. 2. Long-term advances paid 054 12,664 - 12,664 12,264

C. II. 2. Short-term receivables 057 23,916,581 (674,036) 23,242,545 23,103,316

C. II. 2. 1. Trade receivables 058 1,044,664 (646,094) 398,570 475,114

C. II. 2. 2. Receivables - subsidiaries and controlling party 059 9,112,440 - 9,112,440 8,767,741

C. II. 2. 4. Receivables - other 061 13,759,477 (27,942) 13,731,535 13,860,461

C. II. 2. 4. 4. Short-term advances paid 065 3,372,039 - 3,372,039 3,508,593

C. II. 2. 4. 5. Estimated receivables 066 10,101,749 (25,422) 10,076,327 10,324,044

C. II. 2. 4. 6. Other receivables 067 285,689 (2,520) 283,169 27,824

C. IV. Cash 071 56,806 - 56,806 149,773

C. IV. 2. Cash at bank 073 56,806 - 56,806 149,773

D. Prepayments and accrued income 074 58,495 - 58,495 109,477

D. 1. Prepaid expenses 075 57,311 - 57,311 108,317

D. 3. Accrued income 077 1,184 - 1,184 1,160


19

Ref. LIABILITIES AND EQUITY Row 31.12.2017 31.12.2016

a b c 5 6

TOTAL LIABILITIES AND EQUITY 078 23,535,305 23,572,664

A. Equity 079 5,210,695 4,523,133

A. I. Share capital 080 1,031,131 1,031,131

A. I. 1. Share capital 081 1,031,131 1,031,131

A. II. Share premium and capital contributions 084 408,076 197,379

A. II. 2. Capital contributions 086 408,076 197,379

A. II. 2. 1. Other capital contributions 087 197,379 197,379

A. II. 2. 2. Assets and liabilities revaluation 088 210,697 -

A. III. Other reserves 092 516,226 516,226

A. III. 2. Statutory and other reserves 094 516,226 516,226

A. IV. Retained earnings / Accumulated losses 095 11,037 8,713

A. IV. 1. Retained earnings 096 11,037 8,713

A. V. Profit / (loss) for the current period 099 3,244,225 2,769,684

B. + C. Liabilities 101 18,322,883 19,049,095

B. Provisions 102 218,616 151,701

B. 2. Income tax provision 104 148,719 85,434

B. 4. Other provisions 106 69,897 66,267

C. Liabilities 107 18,104,267 18,897,394

C. I. Long-term liabilities 108 10,209 7,141

C. I. 9. Liabilities - other 119 10,209 7,141

C. I. 9. 3. Other liabilities 122 10,209 7,141

C. II. Short-term liabilities 123 18,094,058 18,890,253

C. II. 3. Short-term advances received 128 11,267,367 11,541,896

C. II. 4. Trade payables 129 426,036 2,813,347

C. II. 8. Liabilities - other 133 6,400,655 4,535,010

C. II. 8. 1. Liabilities to shareholders 134 - 2,416

C. II. 8. 3. Liabilities to employees 136 9,810 10,007

C. II. 8. 4. Liabilities for social security and health insurance 137 4,981 4,819

C. II. 8. 5. Taxes and state subsidies payable 138 622,111 662,131

C. II. 8. 6. Estimated payables 139 5,737,973 3,737,536

C. II. 8. 7. Other liabilities 140 25,780 118,101

D. Accruals and deferred income 141 1,727 436

D. 2. Deferred income 143 1,727 436


20

Company name: innogy Energie, s.r.o. Identification number: 49903209 Legal form: private limited company Primary business: business with gas and electricity Balance sheet date: 31 December 2017 Date of preparation of the financial statements: 16 February 2018

INCOME STATEMENT (in thousand Czech crowns)

Ref. TEXT Row Accounting period

2017 2016

a b c 1 2

I. Sales of products and services 01 32,249,052 34,139,374

II. Sales of goods 02 3,385 2,214

A. Cost of sales 03 27,941,149 30,144,274

A. 1. Cost of goods sold 04 1,590 684

A. 2. Raw materials and consumables used 05 17,744,982 20,236,872

A. 3. Services 06 10,194,577 9,906,718

B. Changes in inventories of finished goods and work in progress 07 180 -

D. Staff costs 09 266,777 235,495

D. 1. Wages and salaries 10 196,779 172,949

D. 2. Social security, health insurance and other social costs 11 69,998 62,546

D. 2. 1. Social security and health insurance costs 12 63,692 56,593

D. 2. 2. Other social costs 13 6,306 5,953

E. Value adjustments in operating acitivities 14 32,692 (6,459)

E. 1. Value adjustments of fixed assets 15 158,766 134,134

E. 1. 1. Depreciation, amortisation and write off of fixed assets 16 158,766 134,134

E. 3. Provision for impairment of receivables 19 (126,074) (140,593)

III. Operating income - other 20 580,152 1,314,169

III. 1. Sales of fixed assets 21 8,920 9,157

III. 3. Other operating income 23 571,232 1,305,012

F. Operating expenses - other 24 711,091 1,493,380

F. 1. Net book value of fixed assets sold 25 8,449 8,282

F. 3. Taxes and charges from operating activities 27 10,432 8,300

F. 4. Operating provisions and complex prepaid expenses 28 3,630 5,482

F. 5. Other operating expenses 29 688,580 1,471,316

* Operating result 30 3,880,700 3,589,067

VI. Interest and similar income 39 10,573 10,508

VI. 1. Interest and similar income - subsidiaries or controlling party 40 10,548 10,477

VI. 2. Other interest and similar income 41 25 31

J. Interest and similar expenses 43 1,098 1,687

J. 2. Other interest and similar expenses 45 1,098 1,687

VII. Other financial income 46 240,156 (5,059)

K. Other financial expenses 47 121,010 168,401

* Financial result 48 128,621 (164,639)

** Net profit / (loss) before taxation 49 4,009,321 3,424,428

L. Tax on profit or loss 50 765,096 654,744

L. 1. Tax on profit or loss - current 51 777,316 655,563

L. 2. Tax on profit or loss - deferred 52 (12,220) (819)

** Net profit / (loss) after taxation 53 3,244,225 2,769,684

*** Net profit / (loss) for the financial period 55 3,244,225 2,769,684

Net turnover for the financial period 56 33,083,318 35,461,206


21

Company name: innogy Energie, s.r.o.

Identification number: 49903209

Legal form: private limited company

Primary business: business with gas and electricity

Balance sheet date: 31 December 2017

Date of preparation of the financial statements: 16 February 2018

CASH FLOW STATEMENT

CZK '000

Ref. TEXT Accounting period

2017 2016

a b 1 2

Cash flows from operating activities

Net profit on ordinary activities before tax 4,009,321 3,424,428

A. 1. Adjustments for non-cash movements: 178,170 217,684

A. 1. 1. Depreciation and amortisation of fixed assets 158,766 134,134

A. 1. 2. Change in provisions (122,444) (135,111)

A. 1. 3. Profit from disposal of fixed assets (471) (875)

A. 1. 4. Net interest income (9,475) (8,821)

A. 1. 5. Change in fair value of derivatives (60,253) 2,078

A. 1. 6. Other non-cash movements 212,047 226,279

A * Net cash flow from operating activities before tax and changes in working capital 4,187,491 3,642,112

A. 2. Working capital changes: (271,733) 117,635

A. 2. 1. Change in receivables and prepayments 428,073 825,324

A. 2. 2. Change in short-term payables and accruals (696,001) (707,270)

A. 2. 3. Change in inventories (3,805) (419)

A ** Net cash flow from operating activities before tax 3,915,758 3,759,747

A. 3. Interest paid (1,098) (1,687)

A. 4. Interest received 10,597 10,571

A. 5. Income tax paid (714,032) (536,205)

A *** Net cash flow from operating activities 3,211,225 3,232,426

B. 1. Acquisition of fixed assets (118,151) (84,567)

B. 2. Proceeds from sale of fixed assets 8,920 9,157

B. 3. Loans to related parties (89,390) -

B *** Net cash flow from investing activities (198,621) (75,410)

C. 1. Change in long- and short-term liabilities (80,578) 89,229

C. 2. Changes in equity: (2,769,684) (2,602,429)

C. 2. 1. Dividends paid (2,769,684) (2,602,429)

C *** Net cash flow from financing activities (2,850,262) (2,513,200)

Net increase in cash and cash equivalents 162,342 643,816

Cash and cash equivalents at the beginning of the year 8,917,514 8,273,698

Cash and cash equivalents at the end of the year 9,079,856 8,917,514

Translation note

This version of the financial statements is a translation from the original, which was prepared in the Czech language. All possible care has been taken to ensure that the translation is an accurate representation of the original. However, in all matters of interpretation of information, views or opinions, the Czech version of the financial statements takes precedence over this translation.


22

Statement of changes in shareholders’ equity for the year ended 31 December 2017

(CZK’000)

Share

capital Statutory and

other reserves

Capital

contributions

Retained earnings

Total

As at 1 January 2016 1,031,131 516,226 197,379 2,609,069 4,353,805

Profit distribution paid - - - (2,602,429) (2,602,429) Time barred profit shares - - - 2,073 2,073 Net profit for 2016 - - - 2,769,684 2,769,684

As at 31 December 2016 1,031,131 516,226 197,379 2,778,397 4,523,133

Profit distribution paid - - - (2,769,684) (2,769,684) Time barred profit shares - - - 2,324 2,324 Fair value gains – financial derivatives - - 210,697 - 210,697 Net profit for 2017 - - - 3,244,225 3,244,225

As at 31 December 2017 1,031,131 516,226 408,076 3,255,262 5,210,695


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4.2 Notes to the Financial Statements

1. General information

1.1. Introductory information about the Company

Company innogy Energie, s.r.o. (“the Company”), until 30 September 2016 under business name RWE Energie, s.r.o, was incorporated on 1 January 1994 by the Municipal Court in Prague Section C, Insert 220583 and has its registered office at Limuzská 3135/12, Strašnice, Prague 10, 108 00, Czech Republic. Identification number of the Company is 499 03 209. The Company’s primary business activities are purchase and sale of natural gas and electricity. The Company name was changed to innogy Energie, s.r.o by the sole shareholder‘s decision with effective date of 1 October 2016. The Company updated its Articles of Association that are now fully governed by the new Corporations Act. This fact became effective as at 8 July 2014. The Company is not a member/shareholder having unlimited liability in any undertaking. The statutory representatives as at 31 December 2017 and as at 31 December 2016 were as follows: Name Position Note

Tomáš Varcop Chairman of Statutory Directors Appointed on 1 January 2014

(Chairman of Statutory Directors from 18 July 2014)

Zbyněk Solecký Statutory Director Appointed on 1 January 2014

2. Accounting policies

2.1. Basis of preparation The financial statements have been prepared in accordance with Generally Accepted Accounting Principles in the Czech Republic relevant for large companies and have been prepared under the historical cost convention. Derivatives and securities (except for investments in subsidiaries and associates) are shown at fair value.

2.2. Intangible fixed assets All intangible assets with a useful life longer than one year and a unit cost of more than CZK 60 thousand are treated as intangible fixed assets. Purchased intangible fixed assets are initially recorded at cost, which includes all costs related with its acquisition. Intangible fixed assets are amortised applying the straight-line method over their estimated useful

lives as follows:


24

Intangible fixed assets Estimated useful life

Software 3 – 5 years

Royalties 1 – 6 years

Other intangible fixed assets 5 – 6 years

The Company applies an annual depreciation rates that differ from those deductible for tax purposes. The amortisation plan is updated during the useful life of the intangible fixed assets based on the expected useful life change. A provision for impairment is created when the carrying value of an asset is greater than its estimated recoverable amount. The estimated recoverable amount is determined based on expected future cash flows generated by this asset.

2.3. Tangible fixed assets All tangible assets with a useful life longer than one year and a unit cost of more than CZK 10 thousand are treated as tangible fixed assets. Acquired tangible fixed assets are initially recorded at cost, which includes all costs related with its acquisition. Own work capitalised is recorded at cost. Tangible fixed assets, except for land which is not depreciated, are depreciated applying the straight-line method over their estimated useful lives as follow: Tangible fixed assets Estimated useful life

Buildings and constructions 15 - 50 years

Plant, machinery and equipment 3 - 15 years

Furniture and fittings 5 - 8 years

Motor vehicles 5 - 8 years

The Company applies an annual depreciation rates that differ from those deductible for tax purposes. The depreciation plan is updated during the useful life of the tangible fixed assets based on the expected useful life. A provision for impairment is established when the carrying value of an asset is greater than its estimated recoverable amount. The estimated recoverable amount is determined as the higher from the amount based on expected future cash flows generated by the certain asset or the amount based on the valid expert valuation. Repairs and maintenance expenditures of tangible fixed assets are expensed as incurred. Technical improvements of tangible fixed assets of more than CZK 10 thousand per year for equipment and more than CZK 40 thousand per year for buildings are capitalised.

Tangible fixed assets recorded in off-balance sheet with a unit cost more than CZK 2 thousand and less

than CZK 10 thousand with useful life longer than one year are treated as inventory and expensed

upon consumption.


25

Differences arising upon the acquisition of the enterprise represent the difference between the fair value of the enterprise acquired and the aggregate carrying amount of assets and liabilities acquired as recorded in the accounts of the original owner. Such differences are amortised on a straight-line basis over a period of 15 years.

2.4. Other securities and investments The Company classifies securities and investments, other than investments in subsidiaries and associates as trading, available-for-sale or held-to-maturity. Investments intended to be held for an indefinite period of time, which may be sold in response to liquidity requirements, are classified as available-for-sale. These investments are included in non-current assets unless management has the express intention of holding the investment for less than 12 months from the balance sheet date, in which case they are included in current assets. Management determines the appropriate classification of investments as at the time of purchase and the classification is reviewed on a regular basis. All securities and investments are initially recorded at cost, including transaction costs. Other investments are subsequently accounted for at fair value. The fair value is determined as the market value of the securities as at the balance sheet date. Measurement of non-traded securities is based on management estimates based on recognised models or valuation techniques.

2.5. Inventories Purchased inventories are stated at the lower of cost and net realisable amount. Cost includes all costs related with its acquisition (mainly transport costs, customs duty, etc.). The weighted average cost method is applied for all disposals.

2.6. Receivables Receivables are stated at nominal value less a provision for doubtful amounts. A provision for doubtful amounts is created on the basis of an ageing analysis and an individual evaluation of the credit worthiness of the customers. Receivables from related parties have not been provided for.

2.7. Foreign currency translation Transactions denominated in a foreign currency are translated and recorded at the rate of exchange ruling as at the transaction date. Cash, receivables and liabilities balances denominated in foreign currencies have been translated at the exchange rate published by the Czech National Bank as at the balance sheet date. All exchange gains and losses on cash, receivables and liabilities balances are recorded in the income statement.


26

2.8. Derivative financial instruments Derivative financial instruments including foreign exchange contracts, currency swaps and other derivative financial instruments are initially recognised on the balance sheet at cost and subsequently are re-measured at their fair value. All derivatives are presented in other receivables or in other payables when their fair value for the Company is negative. Derivatives embedded in other financial instruments are not treated as separate derivatives. The Company designates certain derivatives prospectively as either a hedge of the fair value of a recognised asset or liability (fair value hedge), or a hedge of future cash flows attributable to a recognised asset or liability or a forecasted transaction (cash-flow hedge). Hedge accounting is used for derivatives designated in this way, provided that certain criteria, including defining the hedging strategy and hedging relationship before hedge accounting is applied and ongoing documentation of the actual and expected effectiveness of the hedge, are met. Changes in the fair value of derivatives that qualify as effective fair-value hedges are recorded in the income statement, along with the corresponding change in fair value of the hedged asset or liability that is attributable to that specific hedged risk. Changes in the fair value of derivatives that qualify as effective cash-flow hedges are recorded as revaluation reserve from assets and liabilities in equity and are transferred to the income statement and classified as an income or expense in the period during which the hedged item affects the income statement. The Company has financial derivatives that are used as a hedging tool in accordance with the Company's risk management, although they do not meet the criteria for hedge accounting based on Czech accounting legislation. Those financial derivatives are therefore treated as derivatives held for trading. Changes in the fair value of derivatives held for trading are included in gain or loss on revaluation of securities and derivatives.

2.9. Determining the fair value Fair values are determined based on market prices or discounted cash flow models.

2.10. Changes of accounting policies and corrections of prior period Changes to accounting policies (inclusive deferred tax impact) and corrections of errors arising from incorrect accounting or unrecorded expenses and income in prior periods, if material, are recorded on financial statements line Restatements of retained earnings.

2.11. Provisions The Company recognises provisions to cover its obligations or expenses, when the nature of the obligations or expenses is clearly defined and it is probable or certain as at the balance sheet date that they will be incurred, however their precise amount or timing is not known. The provision


27

recognised as at the balance sheet date represent the best estimate of expenses that will be probably incurred, or the amount of liability that is required for their settlement. The Company recognises a provision for its income tax payable which is presented net of advances paid for the income tax. If advances paid are higher than the estimated income tax payable, the difference is recognised as a short-term receivable.

2.12. Employment benefits The Company recognises a provision relating to untaken holiday, rewards, bonuses and benefit of employees resulting from a collective agreement. Regular contributions are made to the state to fund the national pension plan. The Company also provides contributions to defined contribution plans operated by independent pension funds.

2.13. Revenue recognition Revenues are stated net of discounts and Value Added Tax, discounted and on accrual basis. a) Revenues from sales and distribution of natural gas In accordance with Act no. 458/2000 Coll., article 55, the market with gas was fully liberalised effective from 1 January 2007. Revenues from gas sold are derived from commodity valuation that is based on gas purchase costs and gross margin which covers trade costs, allowed profit and other energy-related services used to supply gas to customers in required quantity and at required time. The price for end customers consists of the price for consumed gas and for gas related services and the distribution price. The price for consumed gas and gas related services consists of the commodity part, fixed monthly payment or payment for capacity (depending on a customer size). For households and low-volume customers the price is fixed, mostly for a period based on the Company’s business decision. The customer has a possibility of choice among products of the Company. For middle-volume customers and high-volume customers the price can either be determined for a period laid down in an agreement or based on a selected product offered by the Company. For example, products are as follows: sequential purchase, single price (covering both the commodity and distribution part), fixed price or price formula (linked to quotation of reference fuels and exchange rates). The price for transport is regulated by Energy Regulatory Office. The distribution price consists of three parts: fixed price for consumed gas, fixed monthly payment or payment for capacity (depending on a customer size) and a fee for the market operator service. All parts of the distribution price are regulated by Energy Regulatory Office. Gas supply and distribution to high-volume (“VO”) and middle-volume categories (“SO”) is billed on a monthly basis based on measured consumption.


28

Gas supplies to low-volume categories (“MO”) and households (“DOM”) are billed periodically, based on the reading of the consumption of each connecting point, which is performed at least once in 14 months. Revenues from MO and DOM categories consist of actually billed revenues and revenues from so called “unbilled gas”. The amount of unbilled gas is calculated from the total amount of purchased gas in the particular year based on past behaviour of individual customers, divided into periods on the basis of the so-called load profiles (“TDD”) and is valued in relation to the price list related to chosen product. b) Revenues from sales and distribution of electricity In accordance with Act no. 458/2000 Coll., the electricity market was fully liberalised effective from 1 January 2006. Revenues from electricity sold are derived from commodity valuation that is based on electricity purchase costs and gross margin which covers trade costs, allowed profit and other energy-related services used to supply electricity to customers in required quantity and at required time. An individual price based on the expected supply diagram is charged to high volume customers. The price for other customers is set as fixed price for defined period based on the product chosen from the valid Company’s price list. Costs for energy-related activities included in the final price of electricity supply are distribution and the fixed price for services provided by the market operators. Distribution prices are regulated by Energy Regulatory Office. Electricity supply and distribution to high-volume (“VO”) categories is billed on a monthly basis based on measured consumption. Electricity supplies to low-volume categories (“MOP”) and households (“MOO”) are billed periodically, based on the reading of the consumption of each connecting point, which is performed at least once in 12 months. Revenues from MOP and MOO categories consist of actually billed revenues and revenues from so called “unbilled electricity”. The amount of unbilled electricity is calculated from the total amount of purchased electricity in the particular year based on so called load profiles (“TDD”), to which the customers are assigned, and it is valued in relation to the price list valid when the supply or composite supply contract is signed. c) Other income Other income of the Company is recorded as follows:

Interest income is recorded on accrual basis;

Dividend income/profit share are recorded when the right for payment arises to the Company;

Revenues arising from Service Level Agreements are recognised as at the date the services are rendered;

Revenues from sale of goods are recognised when goods are shipped to the customer.


29

2.14. Related parties The Company’s related parties are considered to be the following:

parties, which directly or indirectly control the Company, their subsidiaries and associates;

parties, which have directly or indirectly significant influence on the Company;

members of the Company’s or parent company’s statutory and supervisory boards and management and parties close to such members, including entities in which they have a controlling or significant influence;

subsidiaries and associates and joint-venture companies. Material transactions and outstanding balances with related parties are disclosed in Notes 12 – Related party transactions.

2.15. Leases The costs of assets held under both finance and operating leases are not capitalised as fixed assets. Lease payments are expensed evenly over the life of the lease. Future lease payments not yet due are disclosed in the notes but not recognised in the balance sheet.

2.16. Deferred tax Deferred tax is recognised on all temporary differences between the carrying amount of an asset or liability in the balance sheet and its tax base. A deferred tax asset is recognised if it is probable that sufficient future taxable profit will be available against which the asset can be utilised.

2.17. Cash flow statement The Company has prepared a Cash-flow statement using the indirect method. Cash and cash equivalents include cash in hand, stamps and vouchers and cash in banks, including bank overdrafts. Cash equivalents are short-term highly liquid investments that can be exchanged for a predictable amount of cash and no significant changes of value over time are expected. Cash equivalents are, for example, deposits with a maturity of less than 3 months from the date of acquisition and liquid debt securities traded in public markets. The Company uses so-called cash-pooling within the group. A receivable (liability) that arises from cash-pooling is presented in the Cash flow statement as a part of the item Cash and Cash equivalents if it is due within 3 months after the balance sheet date. If the liability arising from cash-pooling represents a form of financing, then it is not presented in the Cash-flow statement as a part of the item Cash and Cash equivalents. Other cash deposits within the group due within 3 months after the balance Sheet date, which are not part of the cash-pooling, are not treated as Cash and cash equivalents.


30

2.18. Subsequent events The effects of events, which occurred between the balance sheet date and the date of preparation of the financial statements, are recognised in the financial statements in the case that these events provide further evidence of conditions that existed as at the balance sheet date. Where significant events occur subsequent to the balance sheet date but prior to the preparation of the financial statements, which are indicative of conditions that arose subsequent to the balance sheet date, the effects of these events are quantified and disclosed, but are not themselves recognised in the financial statements.

3. Intangible fixed assets

(CZK’000)

1 January 2017

Additions / transfers

Disposals

31 December 2017

Cost Software 746,086 107,331 (1,205) 852,212 Other royalties 10,792 - - 10,792 Other intangible fixed assets 360 - (360) - Intangible fixed assets in the course of construction - 2,305 - 2,305

Total 757,238 109,636 (1,565) 865,309

Accumulated amortisation Software (608,246) (158,651) 1,205 (765,692) Other royalties (10,792) - - (10,792) Other intangible fixed assets (360) - 360 -

Total (619,398) (158,651) 1,565 (776,484)

Net book value 137,840 88,825

(CZK’000)

1 January 2016


Disposals

31 December 2016

Cost Software 660,362 85,724 - 746,086 Other royalties 10,792 - - 10,792 Other intangible fixed assets 360 - - 360 Intangible fixed assets in the course of construction 1,197 (1,197) - -

Total 672,711 84,527 - 757,238

Accumulated amortisation Software (474,221) (134,025) - (608,246) Other royalties (10,792) - - (10,792) Other intangible fixed assets (359) (1) - (360)

Total (485,372) (134,026) - (619,398)



31

4. Tangible fixed assets

(CZK’000)

1 January 2017


Disposals

31 December 2017

Cost Land 4 - - 4 Constructions 1,024 - (243) 781 Equipment 2,664 81 (14) 2,731 Other tangible fixed assets 13 - - 13 Tangible fixed assets in the course of construction - 48 - 48 Adjustment to acquired fixed assets

852 - - 852

Total 4,557 129 (257) 4,429

Accumulated depreciation Constructions (960) (1) 180 (781) Equipment (2,526) (57) 14 (2,569) Adjustment to acquired fixed assets

(61) (57) - (118)

Total (3,547) (115) 194 (3,468)

Net book value 1,010 961

(CZK’000)

1 January 2016


Disposals

31 December 2016

Cost Land 4 - - 4 Constructions 1,024 - - 1,024 Equipment 8,796 40 (6,172) 2,664 Other tangible fixed assets 13 - - 13 Adjustment to acquired fixed assets

852 - - 852

Total 10,689 40 (6,172) 4,557

Accumulated depreciation Constructions (955) (5) - (960) Equipment (8,652) (46) 6,172 (2,526) Adjustment to acquired fixed assets

(5) (56) - (61)

Total (9,612) (107) 6,172 (3,547)


5. Available-for-sale investments

31 December 2017

Number of securities

Nominal value (CZK’000)

Fair value (CZK’000)

Domestic Union Group, a.s. 40,500 40,500 -

Total 40,500 40,500 -

31 December 2016

Number of securities

Nominal value (CZK’000)

Fair value (CZK’000)

Domestic Union Group, a.s. 40,500 40,500 -

Total 40,500 40,500 -


32

6. Receivables (CZK’000) 31 December 2017 31 December 2016

Trade receivables - current 308,642 409,305 - overdue 736,022 826,129

Total trade receivables 1,044,664 1,235,434

Intercompany receivable 9,112,440 8,767,741 Short-term advances paid 3,372,039 3,508,593 Other receivables and estimated receivables - current 10,384,919 10,389,164 - overdue 2,519 2,495

Total short-term receivables 23,916,581 23,903,427

Provision for doubtful receivables (674,036) (800,111)

Net book value of short-term receivables 23,242,545 23,103,316

Long-term receivables 80,936 68,316

Total net book value of receivables 23,323,481 23,171,632

Intercompany receivables represent mainly a receivable from cash-pooling. Short-term advances paid represent mainly advances paid to the subsidiary for gas distribution in the amount of CZK 2,246,724 thousand (as at 31 December 2016: CZK 2,362,289 thousand), to electricity supplies in the amount of CZK 1,084,835 thousand (as at 31 December 2016: CZK 1,083,865 thousand). Other receivables and estimated receivables include mainly receivables from unbilled gas and electricity supplies in the amount of CZK 9,921,709 thousand (as at 31 December 2016: CZK 10,310,078 thousand). Receivables have not been covered by guarantees and none of them are due after more than 5 years. The Company has no receivables nor provided any guarantees which are not included in the balance sheet. Analysis of the change in the provision for doubtful receivables: (CZK’000) 2017 2016

Opening balance as at 1 January 800,111 940,704 Net creation of provision account 85,972 85,686 Written-off receivables (212,047) (226,279)

Closing balance as at 31 December 674,036 800,111

7. Equity The Company is fully owned by the company innogy Česká republika a.s., incorporated in the Czech Republic, registered office at Praha 10 – Strašnice, Limuzská 3135/12, ZIP code 100 98, registration number: 242 75 051. During the year 2016 RWE Česká republika a.s. was renamed to innogy Česká republika a.s. The ultimate parent company is RWE Aktiengesellschaft, incorporated in the Federal Republic of Germany.


33

The Company innogy SE with the registered office at Opernplatz 1, 451 28 Essen, Federal Republic of Germany, prepares the consolidated financial statements of the smallest group of entities of which the Company forms a part as a subsidiary. The Company RWE Aktiengesellschaft with the registered office at Huyssenallee 2, 451 28 Essen, Federal Republic of Germany, prepares the consolidated financial statements of the largest group of entities of which the Company forms a part as a subsidiary. The consolidated Financial statements of the smallest group of entities of which the Company forms a part as a subsidiary can be obtained in registered office of innogy SE. The consolidated financial statements of the largest group of entities of which the Company forms a part as a subsidiary can be obtained in registered office of RWE Aktiengesellschaft. The Company is fully governed by the new Corporations Act and used the option not to create a reserve fund. This fact is further enabled by the Articles of Associations of the Company. By the decision of the Statutory Directors of the Company dated 5 June 2015, the Reserve fund was released and transferred to the Statutory and other funds. The sole shareholder approved the financial statements for 2016 and decided about the allocation of profit earned in 2016 of CZK 2,769,684 thousand on 20 March 2017. Until the date of preparation of these financial statements, the Company has not proposed distribution of the profit earned in 2017.

8. Provisions

(CZK’000) Income tax Other Total

Opening balance as at 1 January 2016 - 60,785 60,785

Charge for the year 657,483 47,364 704,847 Used in the year - (41,882) (41,882) Released in the year - - - Advances for Income tax / offset (572,049) - (572,049)

Closing balance as at 31 December 2016 85,434 66,267 151,701

Charge for the year 776,570 48,965 825,535 Used in the year (85,434) (44,500) (129,934) Released in the year - (835) (835) Advances for Income tax / offset (627,851) - (627,851)

Closing balance as at 31 December 2017 148,719 69,897 218,616

Other provisions represent mainly employee benefits and stopped executions. Advances for income tax of CZK 627,851 thousand paid by the Company by 31 December 2017 (by 31 December 2016: CZK 572,049 thousand) are netted off with the provision for income tax of CZK 776,570 thousand as at 31 December 2017 (as at 31 December 2016: CZK 657,483 thousand).

https://maps.google.com/?q=Huyssenallee+2,+45128+Essen,+Spolkov%C3%A1+republika+N%C4%9Bmecko&entry=gmail&source=g


34

9. Payables, commitments and contingent liabilities (CZK’000) 31 December 2017 31 December 2016

Trade payables - current 426,036 2,813,347

Total trade payables 426,036 2,813,347

Short-term advances received 11,267,367 11,541,896 Estimated payables 5,737,973 3,737,536 Other payables - current 662,682 797,474

Total short-term payables 18,094,058 18,890,253

Long-term liabilities 10,209 7,141

Total long-term liabilities 10,209 7,141

Total short- and long-term liabilities 18,104,267 18,897,394

Short term advances received include mainly the advances for gas and electricity in the amount of CZK 11,191,174 thousand (as at 31 December 2016: CZK 11,455,021 thousand). Estimated payables include primarily accrual for gas and electricity distribution in the amount of CZK 5,474,467 thousand (as at 31 December 2016: CZK 3,569,735 thousand). Trade and other payables have not been secured against any assets of the Company and are not due after more than 5 years. Liabilities to related parties are disclosed in Note 12 Related party transactions. The Company does not have any liabilities or commitments that are not recognised in the balance sheet. The Company did not provide any guarantees which were not recorded in the balance sheet. The management of the Company is not aware of any contingent liabilities as at 31 December 2017.

10. Derivative financial instruments The Company uses financial derivatives with related party for hedging of the financial risks that the Company is exposed to. The Company uses fixed derivative agreements with contractually defined terms of cash flows. Their value is influenced mainly by development in prices of the underlying assets, which are in case of the Company mainly foreign exchange rates, natural gas prices and weather.

10.1. Financial derivatives held for trading 31 December 2017 31 December 2016

Fair value Notional amount

Fair value Notional amount (CZK‘000) Positive Negative Positive Negative

Heat index swaps 46,890 0 7,211 ths. EUR 82 (16,225) 3,090 ths. EUR

Currency swaps 0 (3,330) 30,723 ths. EUR 382 (932) 1,400 ths. EUR

Total trading agreements 46,890 (3,330) 464 (17,157)

Notional amount of commodity, temperature and currency swap instruments represent net volume of concluded swap transactions.


35

The Company entered into weather derivatives that reduce the effect of temperature fluctuations on the Company's profit for the year. Change in fair value of derivatives held for trading recorded in the income statement: (CZK’000) 2017 2016

As at 1 January (16,639) (14,616) Fair value of forward rate agreements acquired during the year – value as at 31. December

43,560 (16,693)

Fair value of forward rate agreements settled during the year – value as at settlement date

58,956 (167,335)

Charge for the year (+/-) 75,649 (152,719)

As at 31 December 43,560 (16,693)

10.2. Financial derivatives that meet the criteria for hedge accounting - Cash flow hedging agreements

31 December 2017 31 December 2016

Fair value Notional amount

Fair value Notional amount (CZK‘000) Positive Negative Positive Negative

Gas index swap 210,697 0 6,468 GWh 0 0 0

Total cash flow hedging derivatives 210,697 0 0 0

Notional amount of commodity swap instruments represent net volume of concluded swap transactions. The Company provides its customers with a price product enabling to fix the commodity price for a selected period and a selected volume of natural gas supplies. The condition is to sign a contract containing price formula for the minimum fixed volume of gas for the whole period. The Company hedges the market risks related to these products by entering into Gas index swaps.

Change in fair value of cash flow hedging instruments recorded in equity: (CZK’000) 2017 2016

As at 1 January 0 0 Fair value of forward rate agreements acquired during the year – value as at 31. December

210,697 0

Fair value of forward rate agreements settled during the year – value as at settlement date

26,483 0

Charge for the year (+/-) (26,483) 0

As at 31 December 210,697 0

Profits and losses from realized derivative transactions: (CZK‘000) 2017 2016

Realized profits from derivatives held for trading 100,806 2,079 Realized losses from derivatives held for trading (41,850) (169,414) Realized profits from cash flow hedging derivatives 29,769 0 Realized losses from cash flow hedging derivatives (3,286) 0

Total 85,439 (167,335)


36

11. Revenue recognition

Revenue from sale of own products and services realized on domestic market can be analysed as follows: (CZK’000) 2017 2016

Revenues from gas sales and distribution - VO category 8,697,661 10,843,814 - MO category 3,204,647 3,475,686 - DOM category 14,038,484 14,299,931 - Other 270,455 171,474

Total revenues from gas sales and distribution 26,211,247 28,790,905

Revenues from electricity sales and distribution - VO category 2,042,207 1,796,203 - MOP category 650,038 566,523 - MOO category 2,802,110 2,574,927 - Other 488,515 380,472

Total revenues from electricity sales and distribution 5,982,870 5,318,125

Other revenues from sale of own products and services 45,042 21,663 Revenues based on Service Level Agreements within the Group 9,893 8,681

Total sales of own products and services 32,249,052 34,139,374

Revenues from sale of goods 3,385 2,214

Cost of sales can be analysed as follows:

(CZK’000) 2017 2016

Purchase of natural gas 15,033,888 17,805,499 Purchase of electricity 2,695,776 2,423,404 Consumed material and energy - other 9,768 7,969 Distribution of natural gas 6,171,789 6,124,465 Distribution of electricity 2,739,031 2,432,319 Cost of goods sold 1,590 684 Other services 1,289,307 1,349,934

Total cost of sales 27,941,149 30,144,274

12. Related party transactions

The Company had the following transactions with related parties: (CZK’000) 2017 2016

Revenues Sales of goods 1,134,069 1,096,532 Sales of services 13,211 11,246 Interest income 10,548 10,477 Other 191,604 14,636

Total 1,349,432 1,132,891

Costs Raw materials and consumables used 15,420,354 18,225,437 Services 7,012,520 6,863,426 Other 39,753 506,286

Total 22,472,627 25,595,149

Profit distribution paid 2,769,684 2,602,429


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The Company had the following balances with related parties:

(CZK’000) 31 December 2017 31 December 2016

Receivables Trade receivables 40,662 44,775 Other receivables 2,651,791 2,435,565 Loans receivable – cash-pooling 9,112,440 8,767,741

Total 11,804,893 11,248,081

Liabilities Liabilities to companies within the consolidation group 4,542,020 5,035,058 Out of which:

Trade payables 172,042 2,514,129 Other payables 4,369,978 2,520,929

Total 4,542,020 5,035,058

Provided and received loans and receivables and payables from cash-pooling bear interest at market interest rates.

A non-monetary benefit in the form of accident insurance in the amount of CZK 78 thousand was

provided to members of the Company’s management in 2017 (in 2016: CZK 58 thousand) and also they

were granted contributions for pension plan in the amount of CZK 483 thousand (in 2016:

CZK 264 thousand). For members of Company’s management are available company cars in total

purchase value of CZK 7,764 thousand (in 2016: CZK 8,196 thousand).

Except for the above-mentioned remuneration, there was no other monetary or in kind consideration provided to the Company’s shareholder, members of the Company’s Board of Directors and management in 2017 and 2016.

13. Employees 2017 2016

Average number of members of management 9 9 Average number of other staff 228 217

Total number of management and other staff 237 226

(CZK’000) Management Other staff Total

2017 Wages and salaries 36,259 160,520 196,779 Social security costs 7,821 55,871 63,692 Other social costs 396 5,910 6,306

Total staff costs 44,476 222,301 266,777

2015 Wages and salaries 28,486 144,463 172,949 Social security costs 6,376 50,217 56,593 Other social costs 381 5,572 5,953

Total staff costs 35,243 200,252 235,495

The Company’s management includes senior staff members directly reporting to the statutory body.

The category Management includes rewards of two Statutory Representatives, who are not employees of the Company as at 31 December 2017 and 31 December 2016. The Company, in accordance with paragraph 39b (6) point d) Implementing Decree No. 500/2002 Coll. it does not show the remuneration of the Statutory Representatives separately.

Other transactions with the Company’s management are described in Note 12 - Related party transactions.


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14. Fees paid and payable to the audit company The information relating to the fees paid and payable for services performed by the audit company PricewaterhouseCoopers is included in the consolidated financial statements of the company innogy SE.

15. Income tax

The income tax expense analysis:

(CZK’000) 2017 2016

Current tax expense (19%) 776,570 657,483 Deferred tax expense (12,220) (819) Adjustment of prior year tax expense based on final CIT return 746 (1,920)

Total income tax expense 765,096 654,744

The current tax analysis:

(CZK’000) 2017 2016

Net profit before taxation 4,009,321 3,424,428 Tax non-deductible expenses - other 31,461 40,992 Revenues which are not subject to taxation (18,510) (38,224) Difference between tax and accounting amortisation/depreciation 64,938 33,242

Net taxable profit 4,087,210 3,460,438

Corporate income tax at 19% 776,570 657,483

The deferred tax was calculated at 19% (the rate enacted for 2017 and subsequent years). Deferred tax asset can be analysed as follows: (CZK’000) 31 December 2017 31 December 2016

Deferred tax liability arising from: - difference between accounting and tax net book value of tangible assets (18) (27)

Total deferred tax liability (18) (27)

Deferred tax asset arising from: - difference between accounting and tax net book value of intangible assets 17,631 5,289 - provision for receivables 37,378 38,199 - provisions and accruals and deferrals 13,281 12,591

Total deferred tax asset 68,290 56,079

Net deferred tax asset 68,272 56,052


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16. Cash-flow statement

Cash and cash equivalents disclosed in the Cash-flow statement can be analysed as follows: (CZK’000) 31 December 2017 31 December 2016

Cash at banks 56,806 149,773 Receivable arising from cash-pooling 9,023,050 8,767,741

Total cash and cash equivalents 9,079,856 8,917,514

17. Subsequent events

No events have occurred subsequent to year-end that would have a material impact on the financial statements as at 31 December 2017. 16 February 2018



40

5 Independent Auditor’s Report


41


42

6 Report on relations for the accounting period of 2017

Pursuant to Section 82 et seq. of Act No 90/2012 on Business Corporations and Cooperatives

(“the Business Corporations Act”), as amended, the Executive Directors of innogy Energie, s.r.o.

(“the Company”) prepared this Report on Relations between the Company and controlling parties and

between the Company and other parties controlled by the controlling parties for the accounting period

of 2017, insofar as such parties are known to the Company. This Report is an integral part

of the Company’s Annual Report for 2017. The sole shareholder of the Company has the right to access

the Report on Relations at the same time and under the same conditions as the financial statements .

6.1 Structure of relations

The Company is part of the RWE Group. Within the meaning of Section 79 of the Business Corporations

Act, the Company is subject to uniform management consisting in the coordination and strategic

management of at least one of the important components or activities of the Group’s business, such

arrangement pursuing the objective of promoting the Group’s interests on a long-term basis as part

of the Group’s consistent policy. The Company’s membership of the RWE Group is published

on the Company’s website.

a) Controlling persons

In the past accounting period the Company was controlled by the following controlling persons from 1 January 2017 to 4 December 2017:

i. Directly - innogy Česká republika a.s., with its registered office at Limuzská 3135/12, Praha 10 -

Strašnice, Post Code 100 98, Company No. 242 75 051, which was the sole shareholder of the Company,

ii. Indirectly - innogy International Participations N.V., with its registered office at 5211AK

‘s-Hertogenbosch, Willemsplein 4, the Netherlands, which was the sole shareholder of the Company,

- innogy SE, with its registered office at Opernplatz 1, 451 28 Essen, Germany, - RWE Downstream Beteiligungs GmbH, with its registered office at Huyssenallee 2, 451 28

Essen, Germany, - RWE Aktiengesellschaft, with its registered office at Huyssenallee 2, 451 28 Essen,

Germany, which was the ultimate controlling person.

From 5 December 2017 to 12 December 2017 the Company was controlled by the following controlling

persons:



ii. Indirectly - innogy Zweite Vermögensverwaltungs GmbH, with its registered office at Opernplatz 1,

451 28 Essen, Germany, which was the sole shareholder of the Company,


43

- innogy SE, with its registered office at Opernplatz 1, 451 28 Essen, Germany, - RWE Downstream Beteiligungs GmbH, with its registered office at Huyssenallee 2, 451 28


Germany, which was the ultimate controlling person

From 13 December 2017 to 31 December 2017 the Company was controlled by the following

controlling persons:



ii. Indirectly - innogy Beteiligungsholding GmbH, with its registered office at Opernplatz 1, 451 28 Essen,

Germany, which was the sole shareholder of the Company, - innogy Zweite Vermögensverwaltungs GmbH, with its registered office at Opernplatz 1,

451 28 Essen, Germany, which was the sole shareholder of the Company, - innogy SE, with its registered office at Opernplatz 1, 451 28 Essen, Germany, - RWE Downstream Beteiligungs GmbH, with its registered office at Huyssenallee 2, 451 28


Germany, which was the ultimate controlling person.

The Board of Directors is not aware of the Company having any additional controlling persons.

b) Other controlled parties

The Company requested the above controlling parties to provide a list of the other parties that were controlled by the controlling parties in the past accounting period. The Executive Directors have drawn up this Report on the basis of the information provided by the controlling parties and other information available to the Executive Directors. The scheme of the relations between controlling and controlled parties as at 31 December 2017, i.e. the last day of the accounting period, can be found in Annex 1 hereto.

c) Role of the controlled party

Within the RWE Group, the Company’s role is mainly selling natural gas and electricity.

d) Method and means of control

The controlled party was controlled by the controlling party through the general meeting, the powers

of which were exercised by the controlling party as the sole shareholder acting in the capacity

of the general meeting of the controlled party.


44

6.2 Overview of acts

In the last accounting period, the Company made, upon suggestion and/or in the interest of the related

parties under point 1 above, following legal acts Concerning assets exceeding CZK 521,070 thousand

representing 10% of the Company’s equity determined on the basis of the latest financial statements as

at 31 Decemnber 2017.

The Company paid in 2017 a share in profits to innogy Česká republika a.s., exceeding the above amount.

6.3 Overview of mutual agreements

In the last accounting period, or at least a part thereof, contractual relationships under agreements

listed in Annex 2 hereto existed between the Company and the related parties under point 1 above.

6.4 Assessment of damage and compensation for damage

In the last accounting period, the Company did not suffer any damage caused by the acts described herein.

6.5 Advantages and disadvantages arising from relationships between the Group

entities

In the last accounting period, the Company benefited from the advantages stemming from its

membership of the RWE Group. First and foremost, the Company enjoys, thanks to the orientation

of the other companies within the Group, access to support know-how in almost all areas of its

operations, such support being procured for the whole Group (e.g. natural gas and electricity sales

methods, implementation of unified and functional OHS system, Company’s media presentation,

business support in the human resources area).

Furthermore, the Company uses the advantage of the Group’s centralised purchase of IT hardware and

software, and also of access to the Group’s solutions in this area, which are tailor-made for the Group.

Last but not least, the Company uses the advantage of centralised support services, such

as procurement, the call centre’s services, asset and vehicle fleet management, etc.

Another area where the Company can use the advantages stemming from its Group membership is that

of financing, where financing arranged centrally within the Group ensures stability of financing.

The Company is not aware of any disadvantages arising from its membership of the Group.

The Company has not identified any risks arising from relationships between the persons within

the Group.


45

6.6 Confidentiality

This Report does not disclose any information that is subject to the Company’s trade secret.

6.7 Conclusion

This Report was approved by the Company’s Executive Directors on 9 March 2018.

Prague, 9 March 2018



46

Annex 1: The scheme of the relations between related parties

Leve

l

Company name Country Co

mp

any

Shar

e %

RW

E Sh

are

%

0 RWE Aktiengesellschaft Germany

1 RWE Power Aktiengesellschaft Germany 100.00 100.00

2 KMG Kernbrennstoff-Management Gesellschaft mit beschränkter Haftung Germany 100.00 100.00

3 URANIT GmbH Germany 50.00 50.00

2 Mingas-Power GmbH Germany 40.00 40.00

2 Versuchsatomkraftwerk Kahl GmbH Germany 80.00 80.00

2 Kernkraftwerk Gundremmingen GmbH Germany 75.00 75.00

2 RV Rheinbraun Handel und Dienstleistungen GmbH Germany 100.00 100.00

3 Rheinbraun Brennstoff GmbH Germany 100.00 100.00

4 Agenzia Carboni S.R.L. Italy 100.00 100.00

4 TCP Petcoke Corporation USA 50.00 50.00

2 Rheinische Baustoffwerke GmbH Germany 100.00 100.00

3 KÜCKHOVENER Deponiebetrieb GmbH & Co. Kommanditgesellschaft Germany 50.00 50.00

3 KÜCKHOVENER Deponiebetrieb Verwaltungs-GmbH Germany 50.00 50.00

3 Kieswerk Kaarst GmbH & Co. KG Germany 51.00 51.00

3 Kieswerk Kaarst Verwaltungs GmbH Germany 51.00 51.00

2 Carl Scholl GmbH Germany 100.00 100.00

2 RD Hanau GmbH Germany 100.00 100.00

2 Kraftwerk Buer GbR Germany 50.00 50.00

2 Schluchseewerk Aktiengesellschaft Germany 50.00 50.00

2 Société Electrique de l'Our S.A. Luxembourg 40.43 40.43

2 Mátrai Erömü Zártkörüen Müködö Részvénytársaság Hungary 50.92 50.96

3 Mátrai Erömü Központi Karbantartó KFT Hungary 100.00 100.00

3 ROTARY-MATRA Kútfúró és Karbantartó KFT Hungary 100.00 100.00

2 GBV Dreißigste Gesellschaft für Beteiligungsverwaltung mbH Germany 100.00 100.00

3 Mátrai Erömü Zártkörüen Müködö Részvénytársaság Hungary 0.04 50.96

2 CARBON Climate Protection GmbH Austria 50.00 50.00

2 CARBON Egypt Ltd. Egypt 49.00 49.00

2 RWE Power Climate Protection GmbH Germany 100.00 100.00

3 RWE Power Climate Protection China GmbH Germany 100.00 100.00

4 RWE Power Climate Protection Southeast Asia Co., Ltd. Thailand 0.00 100.00

4 RWE Power Climate Protection Clean Energy Technology (Beijing) Co., Ltd. China 100.00 100.00


2 Kernkraftwerke Lippe-Ems Gesellschaft mit beschränkter Haftung Germany 5.25 99.25

2 Kraftwerksbeteiligungs-OHG der RWE Power AG und der PreussenElektra GmbH Germany 87.50 87.50

3 Kernkraftwerke Lippe-Ems Gesellschaft mit beschränkter Haftung Germany 94.00 99.25

2 RWE Australia Pty. Ltd. Australia 100.00 100.00

2 Gemeinschaftswerk Hattingen Gesellschaft mit beschränkter Haftung Germany 52.00 52.00

2 Kernkraftwerk Lingen Gesellschaft mit beschränkter Haftung Germany 100.00 100.00

1 RWE Generation SE Germany 100.00 100.00

2 RWE Technology International GmbH Germany 100.00 100.00

3 RWE Technology Tasarim ve Mühendislik Danismanlik Ticaret Limited Sirketi Turkey 100.00 100.00

3 RWE Technology UK Limited United Kingdom 100.00 100.00



47

3 RWE Power International Ukraine LLC Ukraine 100.00 100.00

2 Grosskraftwerk Mannheim Aktiengesellschaft Germany 40.00 40.00

2 ROSOLA Grundstücks-Vermietungsgesellschaft mbH & Co. Objekt Alzenau KG Germany 100.00 100.00

2 SALUS Grundstücks-Vermietungsgesellschaft mbH & Co. Objekt Leipzig KG Germany 100.00 100.00

2 RWE Generation UK Holdings plc United Kingdom 100.00 100.00

3 RWE Generation UK plc United Kingdom 100.00 100.00

4 RWE Markinch Limited United Kingdom 100.00 100.00

4 Great Yarmouth Power Limited United Kingdom 100.00 100.00

4 RWE Ingen!us Limited United Kingdom 100.00 100.00

4 Electra Insurance Limited Bermudas 100.00 100.00

4 RWE Cogen UK Limited United Kingdom 100.00 100.00

5 RWE Cogen UK (Hythe) Limited United Kingdom 100.00 100.00

4 RWE Cogen UK Trading Limited United Kingdom 100.00 100.00

4 Transpower Limited Ireland 100.00 100.00

4 Regenesys Technologies United Kingdom 100.00 100.00

4 Regenesys Holdings Limited United Kingdom 100.00 100.00

2 RWE Generation NL Participations B.V. Netherlands 100.00 100.00

3 RWE Personeel B.V. Netherlands 100.00 100.00

3 RWE Corner Participations B.V. Netherlands 100.00 100.00

3 Essent Power B.V. Netherlands 100.00 100.00

3 RWE Eemshaven Holding B.V. Netherlands 100.00 100.00

3 Energy Resources Holding B.V. Netherlands 100.00 100.00

4 Energy Resources Ventures B.V. Netherlands 100.00 100.00

5 SET Sustainable Energy Technology Fund C.V. Netherlands 50.00 50.00

4 Energy Resources B.V. Netherlands 100.00 100.00

3 RWE Generation NL B.V. Netherlands 100.00 100.00

4 RWE Generation Belgium N.V. Belgium 100.00 100.00

4 Vliegasunie B.V. Netherlands 59.52 59.52

3 RWE Eemshaven Holding II B.V. Netherlands 100.00 100.00

4 RWE Generation Belgium N.V. Belgium 0.00 100.00

3 RWE Generation NL Personeel B.V. Netherlands 100.00 100.00

2 Gemeinschaftskraftwerk Bergkamen A beschränkt haftende OHG Germany 51.00 51.00

2 SRS EcoTherm GmbH Germany 90.00 90.00

1 RWE Downstream Beteiligungs GmbH Germany 100.00 100.00

2 innogy SE Germany 76.79 76.79

3 Lechwerke AG Germany 74.87 89.87

4 Bayerische Elektrizitätswerke GmbH Germany 100.00 100.00

5 Bayerische Bergbahnen-Beteiligungs-Gesellschaft mbH Germany 100.00 100.00

6 Wendelsteinbahn GmbH Germany 100.00 100.00

7 Wendelsteinbahn Verteilnetz GmbH Germany 100.00 100.00

5 Untere Iller Aktiengesellschaft Germany 40.00 40.00

5 Mittlere Donau Kraftwerke AG Germany 40.00 40.00

4 LEW Anlagenverwaltung Gesellschaft mit beschränkter Haftung Germany 100.00 100.00

5 RL Beteiligungsverwaltung beschr. haft. OHG Germany 49.00 100.00

6 enviaM Beteiligungsgesellschaft mbH Germany 40.00 100.00

7 envia Mitteldeutsche Energie AG Germany 19.99 58.57

8 envia TEL GmbH Germany 100.00 100.00

8 GKB Gesellschaft für Kraftwerksbeteiligungen mbH Germany 100.00 100.00

8 Metzler enviaM MI178 Germany 100.00 100.00

8 envia SERVICE GmbH Germany 100.00 100.00

8 Mitteldeutsche Netzgesellschaft Strom mbH Germany 100.00 100.00

9 Mitteldeutsche Netzgesellschaft mbH Germany 100.00 100.00


48

8 Fernwärmeversorgung Zwönitz GmbH (FVZ) Germany 50.00 50.00

8 Wärmeversorgung Wachau GmbH Germany 49.00 49.00

8 Heizkraftwerk Zwickau Süd GmbH & Co. KG Germany 40.00 40.00

8 Energieversorgung Guben GmbH Germany 45.00 45.00

8 Netzgesellschaft Grimma GmbH & Co. KG Germany 49.00 49.00

8 enviaM Erneuerbare Energien Verwaltungsgesellschaft mbH Germany 100.00 100.00

8 Energieversorgung Marienberg GmbH Germany 49.00 49.00

8 WEK Windenergie Kolkwitz GmbH & Co.KG Germany 100.00 100.00

8 Lößnitz Netz GmbH & Co. KG Germany 100.00 100.00

9 Lößnitz Netz Verwaltungs GmbH Germany 100.00 100.00

8 enviaM Beteiligungsgesellschaft Chemnitz GmbH Germany 100.00 100.00

8 Stadtwerke - Strom Plauen GmbH & Co. KG Germany 49.00 49.00

8 Verteilnetz Plauen GmbH Germany 100.00 100.00

8 Sandersdorf-Brehna Netz GmbH & Co. KG Germany 27.60 49.00

8 Oschatz Netz GmbH & Co. KG Germany 74.90 74.90

9 Oschatz Netz Verwaltungs GmbH Germany 100.00 100.00

8 VWS Verbundwerke Südwestsachsen GmbH Germany 97.85 97.85

9 Südwestsächsische Netz GmbH Germany 100.00 100.00

8 enviaM Neue Energie Management GmbH Germany 100.00 100.00

8 Windkraft Hochheim GmbH & Co. KG Germany 100.00 100.00

8 AQUAVENT Gesellschaft für Umwelttechnik und regenerierbare Energien mbH

Germany 100.00 100.00

9 Windpark Verwaltungsgesellschaft mbH Germany 100.00 100.00

8 Windenergie Frehne GmbH & Co. KG Germany 41.03 41.03

8 SEG Solarenergie Guben Management GmbH Germany 100.00 100.00

8 WKH Windkraft Hochheim Management GmbH Germany 100.00 100.00

8 enviaM Zweite Neue Energie Managment GmbH Germany 100.00 100.00

8 SEG Solarenergie Guben GmbH & Co. KG Germany 100.00 100.00

8 A/V/E GmbH Germany 25.90 76.10

8 envia THERM GmbH Germany 100.00 100.00

9 VEM Neue Energie Muldental GmbH & Co. KG Germany 50.00 50.00

8 bildungszentrum energie GmbH Germany 74.50 100.00

8 NRF Neue Regionale Fortbildung GmbH Germany 100.00 100.00

8 EVIP GmbH Germany 100.00 100.00

8 Stadtwerke Bernburg GmbH Germany 45.00 45.00

8 Stadtwerke Merseburg GmbH Germany 40.00 40.00

8 Stadtwerke Roßlau Fernwärme GmbH Germany 49.00 49.00

8 Stadtwerke Bitterfeld-Wolfen GmbH Germany 40.00 40.00

8 Technische Werke Naumburg GmbH Germany 47.00 47.00

8 Wärmeversorgung Mücheln GmbH Germany 49.00 49.00

8 MITGAS Mitteldeutsche Gasversorgung GmbH Germany 75.39 75.40

9 Erdgasversorgung Industriepark Leipzig Nord GmbH Germany 50.00 50.00

9 Mitteldeutsche Netzgesellschaft Gas mbH Germany 100.00 100.00

9 Mitteldeutsche Netzgesellschaft Gas HD mbH Germany 100.00 100.00

9 Sandersdorf-Brehna Netz GmbH & Co. KG Germany 21.40 49.00


9 bildungszentrum energie GmbH Germany 25.50 100.00

6 RL Besitzgesellschaft mbH Germany 100.00 100.00

7 Lechwerke AG Germany 15.00 89.98

4 Wärmeversorgung Schwaben GmbH Germany 100.00 100.00

4 LEW Service & Consulting GmbH Germany 100.00 100.00

4 Metzler F55 LEW (EWA) Germany 100.00 100.00


49

4 Stromnetz Günzburg GmbH & Co. KG Germany 49.00 49.00

4 Stromnetz Günzburg Verwaltungs GmbH Germany 49.00 49.00

4 Bayerische-Schwäbische Wasserkraftwerke Beteiligungsgesellschaft mbH Germany 62.20 62.20

4 LEW Verteilnetz GmbH Germany 100.00 100.00

4 LEW Netzservice GmbH Germany 100.00 100.00

4 LEW Beteiligungsgesellschaft mbH Germany 100.00 100.00

5 Elektrizitätswerk Landsberg GmbH Germany 100.00 100.00

5 Überlandwerk Krumbach GmbH Germany 74.60 74.60

5 LEW TelNet GmbH Germany 100.00 100.00

5 Geiger Netzbau GmbH Germany 49.00 49.00

4 Peißenberger Wärmegesellschaft mbH Germany 50.00 50.00

4 Rain Biomasse Wärmegesellschaft mbH Germany 74.90 74.90

4 Bayerische Ray Energietechnik GmbH Germany 49.00 49.00

4 Stromnetz Gersthofen GmbH & Co. KG Germany 49.00 49.00

4 Lech Energie Verwaltung GmbH Germany 100.00 100.00

4 Lech Energie Gersthofen GmbH & Co. KG Germany 100.00 100.00

4 Stromnetz Friedberg GmbH & Co.KG Germany 100.00 100.00

3 rhenag Rheinische Energie Aktiengesellschaft Germany 66.67 66.67

4 Stromnetzgesellschaft Neunkirchen-Seelscheid mbH & Co. KG Germany 1.00 49.00

4 rhenagbau GmbH Germany 100.00 100.00

4 GkD Gesellschaft für kommunale Dienstleistungen mbH Germany 50.00 50.00

4 Energieversorgung Niederkassel GmbH & Co. KG Germany 49.00 49.00

4 e-regio GmbH & Co. KG Germany 42.96 42.96

4 MAINGAU Energie GmbH Germany 26.12 46.59

4 KVK Kompetenzzentrum Verteilnetze und Konzessionen GmbH Germany 74.90 74.90

4 energienatur Gesellschaft für Erneuerbare Energien mbH Germany 64.00 64.00

4 Rhein-Sieg Netz GmbH Germany 100.00 100.00

5 Stadtwerke Siegburg GmbH & Co. KG Germany 49.00 49.00

5 Hennef (Sieg) Stromnetz GmbH & Co. KG Germany 100.00 100.00

4 Westerwald-Netz GmbH Germany 100.00 100.00

4 WIJA GmbH Germany 100.00 100.00

4 energy4u GmbH & Co. KG Germany 49.00 49.00


3 Rheinkraftwerk Albbruck-Dogern Aktiengesellschaft Germany 77.00 77.00

3 OIE Aktiengesellschaft Germany 100.00 100.00

3 innogy Consulting GmbH Germany 100.00 100.00

4 innogy International Middle East United Arab Emirates

49.00 49.00

4 innogy Consulting Americas, LLC USA 100.00 100.00

3 EWV Energie- und Wasser-Versorgung GmbH Germany 53.72 53.72

4 regionetz GmbH Germany 100.00 100.00

4 Wärmeversorgung Würselen GmbH Germany 49.00 49.00

4 GREEN Gesellschaft für regionale und erneuerbare Energie mbH Germany 39.16 49.16

4 Windpark Eschweiler Beteiligungs GmbH Germany 59.18 59.18

5 innogy indeland Windpark Eschweiler GmbH & Co. KG Germany 49.00 100.00

6 innogy indeland Windpark Eschweiler Verwaltungs GmbH Germany 100.00 100.00

4 EWV Baesweiler Verwaltungs GmbH Germany 45.00 45.00

4 EWV Baesweiler GmbH & Co. KG Germany 45.00 45.00

4 Green Solar Herzogenrath GmbH Germany 45.00 45.00

3 enviaM Beteiligungsgesellschaft mbH Germany 60.00 100.00

3 innogy Business Services Polska Sp. z o.o. Poland 100.00 100.00

3 innogy Gastronomie GmbH Germany 100.00 100.00


50

3 Innogy Renewables UK Holdings Limited United Kingdom 100.00 100.00

4 Innogy Stallingborough Limited United Kingdom 100.00 100.00

4 Innogy Renewables UK Limited United Kingdom 100.00 100.00

5 Harryburn Wind Farm Limited United Kingdom 100.00 100.00

5 ML Wind LLP United Kingdom 51.00 51.00

5 Greater Gabbard Offshore Winds Limited United Kingdom 50.00 50.00

5 Rowantree Wind Farm Ltd. United Kingdom 100.00 100.00

5 Kiln Pit Hill Wind Farm Limited United Kingdom 100.00 100.00

5 Bristol Channel Zone Limited United Kingdom 100.00 100.00

6 Channel Energy Limited United Kingdom 100.00 100.00

5 Innogy Gym 2 Limited United Kingdom 100.00 100.00

6 Gwynt Y Môr Offshore Wind Farm Limited United Kingdom 10.00 50.00





5 Sofia Offshore Wind Farm Holdings Limited United Kingdom 100.00 100.00

5 Doggerbank Project 3B Innogy Limited United Kingdom 100.00 100.00

5 Little Cheyne Court Wind Farm Limited United Kingdom 59.00 59.00

5 Bilbster Wind Farm Limited United Kingdom 100.00 100.00

5 Causeymire Two Wind Farm Limited United Kingdom 100.00 100.00

5 Knabs Ridge Wind Farm Limited United Kingdom 100.00 100.00

5 Carnedd Wen Wind Farm Limited United Kingdom 100.00 100.00

5 Lochelbank Wind Farm Limited United Kingdom 100.00 100.00

5 Middlemoor Wind Farm Limited United Kingdom 100.00 100.00

5 Novar Two Wind Farm Limited United Kingdom 100.00 100.00

5 The Hollies Wind Farm Limited United Kingdom 100.00 100.00

5 Burgar Hill Wind Farm Limited United Kingdom 100.00 100.00

5 Rhyl Flats Wind Farm Limited United Kingdom 50.10 50.10

5 Goole Fields II Wind Farm Limited United Kingdom 100.00 100.00

5 Clocaenog Wind Farm Limited United Kingdom 100.00 100.00

5 Doggerbank Project 3C Limited United Kingdom 100.00 100.00

5 Doggerbank Project 3D Limited United Kingdom 100.00 100.00

5 Doggerbank Project 3E Limited United Kingdom 100.00 100.00

5 Doggerbank Project 3F Limited United Kingdom 100.00 100.00

5 Triton Knoll Offshore Wind Farm Limited United Kingdom 100.00 100.00

3 innogy Italia S.p.A. Italy 100.00 100.00

4 Fri-El Anzi Holding S.r.l. Italy 51.00 51.00

5 Fri-El Anzi S.r.l. Italy 100.00 100.00

4 Fri-El Guardionara Holding S.r.l. Italy 51.00 51.00

5 Fri-El Guardionara S.r.l. Italy 100.00 100.00

4 Andromeda Wind S.r.l. Italy 51.00 51.00

3 Emscher Lippe Energie GmbH Germany 50.10 50.10

4 ELE Verteilnetz GmbH Germany 100.00 100.00

4 ELE-RAG Montan Immobilien Erneuerbare Energien GmbH Germany 50.00 50.00

4 ELE-GEW Photovoltaikgesellschaft mbH Germany 49.00 49.00

4 Metzler J55 ELE (TKE) Germany 100.00 100.00

3 Innogy Business Services UK Limited United Kingdom 100.00 100.00

3 Innogy Renewables US LLC USA 100.00 100.00

4 Innogy US Renewable Projects LLC USA 100.00 100.00

4 Innogy Renewables US Wind Holdings LLC USA 100.00 100.00

5 Aura Merger Sub LLC USA 100.00 100.00


51

3 innogy Turkey Energi Anonim Sirketi Turkey 100.00 100.00

3 innogy Aqua GmbH Germany 100.00 100.00

4 Zagrebacke otpadne vode d.o.o. Croatia 48.50 48.50

4 SHW/RWE Umwelt Aqua Vodogradnja d.o.o. Croatia 50.00 50.00

4 RWW Rheinisch-Westfälische Wasserwerksgesellschaft mbH Germany 79.79 79.79

5 Stadtentwässerung Schwerte GmbH Germany 48.00 48.00

3 Alfred Thiel-Gedächtnis-Unterstützungskasse GmbH Germany 50.00 100.00

3 envia Mitteldeutsche Energie AG Germany 38.58 58.57

3 "Finelectra" Finanzgesellschaft für Elektrizitäts-Beteiligungen AG Switzerland 100.00 100.00

3 innogy Gas Storage NWE GmbH Germany 100.00 100.00

3 innogy Stiftung für Energie und Gesellschaft gGmbH Germany 100.00 100.00

3 innogy Kaskasi GmbH Germany 100.00 100.00

3 Westnetz GmbH Germany 100.00 100.00

3 Stadtwerke Velbert GmbH Germany 49.90 49.90

3 Stadtwerke Dülmen Verwaltungs-GmbH Germany 50.00 50.00

3 FSO Verwaltungs-GmbH Germany 50.00 50.00

3 STADTWERKE DÜREN GMBH Germany 49.90 49.90

4 Leitungspartner GmbH Germany 100.00 100.00

3 FSO GmbH & Co. KG Germany 50.00 50.00

3 Stadtwerke Dülmen Dienstleistungs- und Beteiligungs-GmbH & Co. KG Germany 50.00 50.00

3 VSE Aktiengesellschaft Germany 51.37 51.37

4 VKB-GmbH Germany 50.01 50.01

5 energis GmbH Germany 15.41 71.94

6 GNEE Gesellschaft zur Nutzung erneuerbarer Energien mbH Freisen Germany 49.00 49.00

6 Stadtwerke Merzig GmbH Germany 49.90 49.90

6 Stadtwerke Saarlouis GmbH Germany 49.00 49.00

6 SSW Stadtwerke St. Wendel GmbH & Co. KG Germany 49.51 49.51

6 WWW Wasserwerk Wadern GmbH Germany 49.00 49.00

6 Wasserzweckverband der Gemeinde Nalbach Germany 49.00 49.00

6 FAMIS Gesellschaft für Facility Management und Industrieservice mbH Germany 25.10 100.00

7 Awotec Gebäude Servicegesellschaft mbH Germany 48.00 48.00

7 Bäderbetriebsgesellschaft St. Ingbert GmbH Germany 49.00 49.00

7 VKN Saar Geschäftsführungsgesellschaft mbH Germany 51.00 51.00

7 COMCO MCS S.A. Luxembourg 100.00 100.00

7 Thermolux S.a.r.l. Luxembourg 100.00 100.00

7 Breer Gebäudedienste Heidelberg GmbH Germany 45.00 45.00

6 SchlauTherm GmbH Germany 75.00 75.00

6 Gemeindewerke Namborn GmbH Germany 49.00 49.00

6 Kommunale Dienste Marpingen GmbH Germany 49.00 49.00

6 KDT Kommunale Dienste Tholey GmbH Germany 49.00 49.00

6 KEN Geschäftsführungsgesellschaft mbH Germany 50.00 50.00

6 KEN GmbH & Co. KG Germany 46.45 46.45

6 KWS Kommunal-Wasserversorgung Saar GmbH Germany 100.00 100.00

6 KSP Kommunaler Service Püttlingen GmbH Germany 40.00 40.00

6 SSW Stadtwerke St. Wendel Geschäftsführungsgesellschaft mbH Germany 49.52 49.52

6 Stadtwerke Wadern GmbH Germany 49.00 49.00

6 TWE Technische Werke der Gemeinde Ensdorf GmbH Germany 49.00 49.00

6 TWL Technische Werke der Gemeinde Losheim GmbH Germany 49.90 49.90

6 TWM Technische Werke der Gemeinde Merchweiler GmbH Germany 49.00 49.00

6 TWS Technische Werke der Gemeinde Saarwellingen GmbH Germany 51.00 51.00

7 Netzwerke Saarwellingen GmbH Germany 100.00 100.00

6 WVL Wasserversorgung Losheim GmbH Germany 49.90 49.90


52

6 WWS Wasserwerk Saarwellingen GmbH Germany 49.00 49.00

6 Gas- und Wasserwerke Bous-Schwalbach GmbH Germany 49.00 49.00

6 Stadtwerke Dillingen/Saar GmbH Germany 49.00 49.00

6 SWL-energis Netzgesellschaft mbH & Co. KG Germany 50.00 50.00

6 SWL-energis-Geschäftsführungs-GmbH Germany 50.00 50.00

6 energis-Netzgesellschaft mbH Germany 100.00 100.00

6 VSE Agentur GmbH Germany 100.00 100.00

4 Voltaris GmbH Germany 50.00 50.00

4 Fernwärmeversorgung Saarlouis-Steinrausch Investitionsgesellschaft mbH Germany 100.00 100.00

4 Energie-Service-Saar GmbH Germany 50.00 50.00

4 Windpark Perl GmbH Germany 42.00 42.00

4 Windpark Losheim-Britten GmbH Germany 50.00 50.00

4 Windpark Wadern-Felsenberg GmbH Germany 100.00 100.00

4 Windpark Büschdorf GmbH Germany 100.00 100.00

4 energis GmbH Germany 56.53 71.94

4 FAMIS Gesellschaft für Facility Management und Industrieservice mbH Germany 74.90 100.00

4 Energy Ventures GmbH Germany 100.00 100.00

4 prego services GmbH Germany 50.00 50.00

4 Artelis S.A. Luxembourg 90.00 90.00

5 VSE Net GmbH Germany 100.00 100.00

6 EuroSkyPark GmbH Germany 51.00 51.00

5 Cegecom S.A. Luxembourg 100.00 100.00

4 VSE-Stiftung gGmbH Germany 100.00 100.00

4 Metzler K55 VSE (SALUTE) Germany 100.00 100.00

4 VSE Verteilnetz GmbH Germany 100.00 100.00

4 Projecta 14 GmbH Germany 50.00 50.00

4 SHS Ventures GmbH & Co. KGaA Germany 50.00 50.00

4 Windpark Nohfelden-Eisen GmbH Germany 50.00 50.00

4 VSE - Windpark Merchingen VerwaltungsGmbH Germany 100.00 100.00

4 VSE - Windpark Merchingen GmbH & Co. KG Germany 100.00 100.00

3 Stadtwerke Geldern GmbH Germany 49.00 49.00

3 iSWITCH GmbH Germany 100.00 100.00

3 innogy IT Magyarország Kft. Hungary 100.00 100.00

3 wbm Wirtschaftsbetriebe Meerbusch GmbH Germany 40.00 40.00

3 PRENU Projektgesellschaft für Rationelle Energienutzung in Neuss mbH Germany 50.00 50.00

3 Konsortium Energieversorgung Opel beschränkt haftende oHG Germany 66.67 66.67

3 Stadtwerke Radevormwald GmbH Germany 49.90 49.90

3 Rheinland Westfalen Energiepartner GmbH Germany 100.00 100.00

4 Energiepartner Projekt GmbH Germany 49.00 49.00

4 Energiepartner Solar Kreuztal GmbH Germany 40.00 40.00

4 GREEN Gesellschaft für regionale und erneuerbare Energie mbH Germany 10.00 49.16

4 Energiepartner Elsdorf GmbH Germany 40.00 40.00

4 Energiepartner Kerpen GmbH Germany 49.00 49.00

4 Energiepartner Dörth GmbH Germany 49.00 49.00

4 Energiepartner Niederzier GmbH Germany 49.00 49.00

3 Innogy Windpark Jüchen A44n Verwaltungs GmbH Germany 100.00 100.00

3 FAMOS - Facility Management Osnabrück GmbH Germany 49.00 49.00

3 Nordsee Windpark Beteiligungs GmbH Germany 100.00 100.00

3 eprimo GmbH Germany 100.00 100.00

4 enervolution GmbH Germany 100.00 100.00

4 4Motions GmbH Germany 100.00 100.00

3 RWE Innogy Serbia d.o.o. Serbia 100.00 100.00


53

3 Innogy Venture Capital GmbH Germany 74.90 74.90

3 Innogy Renewables Technology Fund I GmbH & Co. KG Germany 78.31 78.31

3 Moravske Hidroelektrane d.o.o. Serbia 51.00 51.00

3 innogy Windpark Bedburg Verwaltungs GmbH Germany 51.00 51.00

3 innogy Windpark Bedburg GmbH & Co. KG Germany 51.00 51.00

3 RL Beteiligungsverwaltung beschr. haft. OHG Germany 51.00 100.00

3 innogy Middle East & North Africa Ltd. United Arab Emirates

100.00 100.00

3 BEW Netze GmbH Germany 61.00 61.00

3 Kavernengesellschaft Staßfurt mbH Germany 50.00 50.00

3 Mainzer Wärme PLUS GmbH Germany 45.00 45.00

3 Greenplug GmbH Germany 49.00 49.00

3 Green Gecco Verwaltungs GmbH Germany 51.00 51.00

3 Green Gecco GmbH & Co. KG Germany 51.00 51.00

4 innogy Titz Windparkbetriebsgesellschaft mbH Germany 100.00 100.00

4 An Suidhe Wind Farm Limited United Kingdom 100.00 100.00

4 innogy Süderdeich Windparkbetriebsgesellschaft mbH Germany 100.00 100.00

4 innogy Hörup Windparkbetriebsgesellschaft mbH Germany 100.00 100.00

4 innogy Lüneburger Heide Windparkbetriebsgesellschaft mbH Germany 100.00 100.00

3 innogy Seabreeze II GmbH & Co. KG Germany 100.00 100.00

3 NRW Pellets GmbH Germany 100.00 100.00

3 AS 3 Beteiligungs GmbH Germany 51.00 51.00

3 innogy Seabreeze II Verwaltungs GmbH Germany 100.00 100.00

3 innogy Renewables Beteiligungs GmbH Germany 100.00 100.00

4 Georgia Biomass Holding LLC USA 5.00 100.00

5 Georgia Biomass LLC USA 100.00 100.00

3 Georgia Biomass Holding LLC USA 95.00 100.00

3 innogy Netze Deutschland GmbH Germany 100.00 100.00

4 Stromnetzgesellschaft Neunkirchen-Seelscheid mbH & Co. KG Germany 48.00 49.00

4 NiersEnergieNetze GmbH & Co. KG Germany 51.00 51.00

4 NiersEnergieNetze Verwaltungs-GmbH Germany 51.00 51.00

4 Gasnetzgesellschaft Wörrstadt Verwaltung mbH Germany 49.00 49.00

4 Verwaltungsgesellschaft Scharbeutzer Energie- und Netzgesellschaft mbH Germany 51.00 51.00

4 Scharbeutzer Energie- und Netzgesellschaft mbH & Co. KG Germany 51.00 51.00

4 Dorsten Netz GmbH & Co. KG Germany 49.00 49.00

4 Verwaltungsgesellschaft Dorsten Netz mbH Germany 49.00 49.00

4 Gas-Netzgesellschaft Rheda-Wiedenbrück GmbH & Co. KG Germany 49.00 49.00

4 Gas-Netzgesellschaft Rheda-Wiedenbrück Verwaltungs-GmbH Germany 49.00 49.00

4 Strom-Netzgesellschaft Kreisstadt Bergheim GmbH & Co. KG Germany 49.00 49.00

4 Netzgesellschaft Betzdorf GmbH & Co. KG Germany 49.00 49.00

4 Strom-Netzgesellschaft Bedburg GmbH & Co. KG Germany 49.00 49.00

4 Gas-Netzgesellschaft Bedburg GmbH & Co. KG Germany 49.00 49.00

4 Netzgesellschaft Bedburg Verwaltungs GmbH Germany 49.00 49.00

4 Gemeindewerke Bissendorf Netz GmbH & Co. KG Germany 49.00 49.00

4 Gemeindewerke Bissendorf Netz Verwaltungs-GmbH Germany 49.00 49.00

4 Strom-Netzgesellschaft Kolpingstadt Kerpen GmbH & Co. KG Germany 49.00 49.00

4 Gas-Netzgesellschaft Kolpingstadt Kerpen GmbH & Co. KG Germany 49.00 49.00

5 Gas-Netzgesellschaft Kolpingstadt Kerpen Verwaltungs-GmbH Germany 100.00 100.00

4 Gas-Netzgesellschaft Kreisstadt Bergheim GmbH & Co. KG Germany 49.00 49.00

4 Netzgesellschaft Kreisstadt Bergheim Verwaltungs-GmbH Germany 49.00 49.00

4 Strom-Netzgesellschaft Elsdorf GmbH & Co. KG Germany 49.00 49.00

4 Netzgesellschaft Elsdorf Verwaltungs-GmbH Germany 49.00 49.00


54

4 Stromnetzgesellschaft Neuenhaus Verwaltungs-GmbH Germany 49.00 49.00

4 Stromnetzgesellschaft Neuenhaus mbH & Co. KG Germany 49.00 49.00

4 Recklinghausen Netzgesellschaft mbH & Co. KG Germany 49.90 49.90

4 Recklinghausen Netz-Verwaltungsgesellschaft mbH Germany 49.00 49.00

4 Energie Mechernich GmbH & Co. KG Germany 49.00 49.00

4 Energie Mechernich Verwaltungs-GmbH Germany 49.00 49.00

4 Stromnetzgesellschaft Schwalmtal mbH & Co. KG Germany 51.00 51.00

4 Stromverwaltung Schwalmtal GmbH Germany 51.00 51.00

4 Netzgesellschaft Rheda-Wiedenbrück GmbH & Co. KG Germany 49.00 49.00

4 Gasnetzgesellschaft Wörrstadt mbH & Co. KG Germany 49.00 49.00

4 Netzgesellschaft Rheda-Wiedenbrück Verwaltungs-GmbH Germany 49.00 49.00

4 Netzgesellschaft Maifeld GmbH & Co. KG Germany 49.00 49.00

4 Netzgesellschaft Maifeld Verwaltungs GmbH Germany 49.00 49.00

4 Gas-Netzgesellschaft Elsdorf GmbH & Co. KG Germany 49.00 49.00

4 Verwaltungsgesellschaft Energieversorgung Timmendorfer Strand mbH Germany 51.00 51.00

4 Energieversorgung Timmendorfer Strand GmbH & Co. KG Germany 51.00 51.00

4 Energieversorgung Horstmar/Laer GmbH & Co. KG Germany 49.00 49.00

4 Netzgesellschaft Südwestfalen mbH & Co. KG Germany 49.00 49.00

4 Südwestfalen Netz-Verwaltungsgesellschaft mbH Germany 49.00 49.00

4 Netzgesellschaft Hüllhorst GmbH Co.KG Germany 49.00 49.00

4 Stromnetz Pulheim Verwaltung GmbH Germany 100.00 100.00

4 Wasser-Netzgesellschaft Kolpingstadt Kerpen GmbH & Co. KG Germany 100.00 100.00

3 innogy Renewables Polska Sp. z o.o. Poland 100.00 100.00

4 Park Wiatrowy Tychowo Sp. z o.o. Poland 100.00 100.00

4 Park Wiatrowy Prudziszki Sp. z o.o. Poland 100.00 100.00

4 Park Wiatrowy Suwalki Sp. z o.o. Poland 100.00 100.00

4 Park Wiatrowy Nowy Staw Sp. z o.o. Poland 100.00 100.00

4 Taciewo Sp. z o.o. Poland 100.00 100.00

4 Krzecin Sp. z o.o. Poland 100.00 100.00

4 Park Wiatrowy Elk Sp. z o.o. Poland 100.00 100.00

4 Park Wiatrowy Opalenica Sp. z o.o. Poland 100.00 100.00

4 Park Wiatrowy Msciwojów Sp. z o.o. Poland 100.00 100.00

4 Park Wiatrowy Smigiel I Sp. z o.o. Poland 100.00 100.00

4 Park Wiatrowy Gaworzyce Sp. z o.o. Poland 100.00 100.00

4 Eko-En 1 Sp.z o.o. Poland 100.00 100.00

4 Piecki Sp. z o.o. Poland 51.00 51.00

4 Park Wiatrowy Dolice Sp. z o.o. Poland 100.00 100.00

3 Energie Schmallenberg GmbH Germany 44.00 44.00

3 innogy indeland Windpark Eschweiler GmbH & Co. KG Germany 51.00 100.00

3 Stadtwerke Kirn GmbH Germany 49.00 49.00

3 innogy Metering GmbH Germany 100.00 100.00

3 Gasgesellschaft Kerken Wachtendonk mbH Germany 49.00 49.00

3 innogy TelNet GmbH Germany 100.00 100.00

3 Beteiligungsgesellschaft Werl mbH Germany 51.00 51.00

3 EnergieServicePlus GmbH Germany 49.00 49.00

3 EfD Energie-für-Dich GmbH Germany 49.00 49.00

3 FUCATUS Vermietungsgesellschaft mbH & Co. Objekt Recklinghausen KG Germany 94.00 94.00

3 Qualitas-AMS GmbH Germany 100.00 100.00

3 innogy Wind Onshore Deutschland GmbH Germany 100.00 100.00

4 Infrastrukturgesellschaft Netz Lübz mbH Germany 100.00 100.00

4 innogy Mistral Windparkbetriebsgesellschaft mbH Germany 100.00 100.00

4 innogy Lengerich Windparkbetriebsgesellschaft mbH Germany 100.00 100.00


55

4 innogy Bergheim Windparkbetriebsgesellschaft mbH Germany 100.00 100.00

4 innogy Sommerland Windparkbetriebsgesellschaft mbH Germany 100.00 100.00

4 innogy Brise Windparkbetriebsgesellschaft mbH Germany 100.00 100.00

4 Primus Projekt GmbH & Co. KG Germany 100.00 100.00

4 innogy Evendorf Windparkbetriebsgesellschaft mbH Germany 100.00 100.00

3 Essent Wind Nordsee Ost Planungs- und Betriebsgesellschaft mbH Germany 100.00 100.00

4 Offshore Trassenplanungs-GmbH OTP i.L. Germany 50.00 50.00

3 WKN Windkraft Nord GmbH & Co. Windpark Wönkhausen KG Germany 100.00 100.00

3 innogy Windpark Jüchen A44n GmbH & Co. KG Germany 100.00 100.00

3 Innogy Renewables Ireland Limited Ireland 100.00 100.00

4 Curns Energy Limited Ireland 70.00 70.00

4 Dromadda Beg Wind Farm Limited Ireland 100.00 100.00

4 Cloghaneleskirt Energy Supply Limited Ireland 100.00 100.00

3 Windpark Paffendorf GmbH & Co. KG Germany 100.00 100.00

4 Windpark Paffendorf Verwaltungs GmbH Germany 100.00 100.00

3 Belectric Solar & Battery GmbH Germany 100.00 100.00

4 Adensis GmbH Germany 100.00 100.00

4 Belectric GmbH Germany 100.00 100.00

5 Belectric JV GmbH Germany 100.00 100.00

6 PV Projects GmbH & Co. KG Germany 50.00 50.00

6 PV Projects Komplementär GmbH Germany 50.00 50.00

5 Photovoltaikkraftwerk Tramm GmbH & Co. KG Germany 100.00 100.00

5 Photovoltaikkraftwerk Tramm Verwaltungs-GmbH Germany 100.00 100.00

5 Climagy PV-Freifeld GmbH & Co. KG Germany 100.00 100.00

5 Climagy PV-Freifeld Verwaltungs-GmbH Germany 100.00 100.00

5 Solarkraftwerk Herlheim GmbH & Co. KG Germany 100.00 100.00

5 Solarkraftwerk Herlheim Verwaltungs GmbH Germany 100.00 100.00

5 Climagy Sonnenstrom GmbH & Co. KG Germany 100.00 100.00

5 Climagy Sonnenstrom Verwaltungs GmbH Germany 100.00 100.00

5 Climagy Sonnenkraft GmbH & Co. KG Germany 100.00 100.00

5 Climagy Sonnenkraft Verwaltungs GmbH Germany 100.00 100.00

5 Solarkraftwerk Oberspiesheim GmbH & Co. KG Germany 100.00 100.00

5 Solarkraftwerk Oberspiesheim Verwaltungs GmbH Germany 100.00 100.00

5 Solarkraftwerk Meuro GmbH & Co. KG Germany 100.00 100.00

5 Solarkraftwerk Meuro Verwaltungs GmbH Germany 100.00 100.00

5 Photovoltaikkraftwerk Reinsdorf GmbH & Co. KG Germany 100.00 100.00

5 Photovoltaikkraftwerk Reinsdorf Verwaltungs GmbH Germany 100.00 100.00

5 Photovoltaikkraftwerk Götz GmbH & Co. KG Germany 100.00 100.00

5 Photovoltaikkraftwerk Götz Verwaltungs GmbH Germany 100.00 100.00

5 Photovoltaikkraftwerk Tramm Netzanschluss GmbH & Co. KG Germany 100.00 100.00

5 Photovoltaikkraftwerk Tramm Netzanschluss Verwaltungs GmbH Germany 100.00 100.00

5 Climagy Stromertrag GmbH & Co. KG Germany 100.00 100.00

5 Climagy Stromertrag Verwaltungs-GmbH Germany 100.00 100.00

5 Photovoltaikkraftwerk Tramm PV-Finanzierung GmbH & Co. KG Germany 100.00 100.00

5 Photovoltaikkraftwerk Tramm PV-Finanzierung Verwaltungs GmbH Germany 100.00 100.00

5 Climagy Photovoltaikprojekt GmbH & Co. KG Germany 100.00 100.00

5 Climagy Photovoltaikprojekt Verwaltungs-GmbH Germany 100.00 100.00

5 Climagy Sonneneinstrahlung GmbH & Co. KG Germany 100.00 100.00

5 Climagy Sonneneinstrahlung Verwaltungs-GmbH Germany 100.00 100.00

5 Photovoltaikkraftwerk Groß Dölln Infrastruktur GmbH & Co. KG Germany 100.00 100.00

5 Photovoltaikkraftwerk Groß Dölln Infrastruktur Verwaltungs-GmbH Germany 100.00 100.00

5 Climagy PV-Sonnenanlage GmbH & Co. KG Germany 100.00 100.00


56

5 Climagy PV-Sonnenanlage Verwaltungs-GmbH Germany 100.00 100.00

5 Focal Energy Photovoltaic Holdings Limited Cyprus 49.50 49.50

5 Ciriè Centrale PV s.a.s. (SRL) Italy 99.90 100.00

5 Santa Severa Centrale PV s.a.s. (SRL) Italy 99.90 100.00

5 Sunpow 1 Sp.z o.o. Poland 100.00 100.00

5 Korproject Energy Sp.z. o.o. Poland 100.00 100.00

5 Warsun Project Sp.z. o.o. Poland 100.00 100.00

5 WK Solar Project Sp.z. o.o. Poland 100.00 100.00

5 Belectric Inc. USA 100.00 100.00

5 SP Solarprojekte 1 GmbH & Co. KG Germany 100.00 100.00

5 SP Solarprojekte 1 Verwaltungs-GmbH Germany 100.00 100.00



5 SP Solarprojekte GmbH & Co. KG Germany 100.00 100.00










4 Belectric PV Dach GmbH Germany 100.00 100.00

4 Belectric International GmbH Germany 100.00 100.00

4 hoch.rein Beteiligungen GmbH Germany 100.00 100.00

5 Belectric Photovoltaic India Private Limited India 91.60 100.00

6 Sunrise Energy Generation Pvt. Ltd. India 100.00 100.00

5 Jurchen Technology India Private Limited India 90.00 100.00

4 Jurchen Technology GmbH Germany 100.00 100.00

5 Jurchen Technology India Private Limited India 10.00 100.00

5 Jurchen Technology USA Inc. USA 100.00 100.00

4 ka-tek GmbH Germany 100.00 100.00

4 Padcon GmbH Germany 100.00 100.00

4 Solar Holding Poland GmbH Germany 100.00 100.00

5 Belectric Photovoltaic India Private Limited India 8.40 100.00

5 Belectric Polska Sp.z. o.o. Poland 100.00 100.00

4 Sun Data GmbH Germany 100.00 100.00

4 Belectric Australia Pty. Limited Australia 100.00 100.00

4 Belectric France S.à.r.l. France 100.00 100.00

5 Belectric PV 5 (SARL) France 100.00 100.00




5 SVFR 12 (SAS) France 100.00 100.00

4 Belectric Israel Ltd. Israel 100.00 100.00

4 Belectric Italia S.R.L. Italy 100.00 100.00

5 Ciriè Centrale PV s.a.s. (SRL) Italy 0.10 100.00

5 Santa Severa Centrale PV s.a.s. (SRL) Italy 0.10 100.00

4 Belectric Inversiones Latinoamericana S.L. Spain 100.00 100.00

5 Belectric Chile Energia Fotovoltaica LTDA Chile 1.00 100.00

6 El Tamarugo (SpA) Chile 100.00 100.00


57

6 El Algarrobo (SpA) Chile 100.00 100.00

6 El Pimiento (SpA) Chile 100.00 100.00

6 El Chañar (SpA) Chile 100.00 100.00

6 El Solar SpA Chile 100.00 100.00

5 Inversiones Belectric Chile LTDA Chile 99.00 100.00

6 Belectric Chile Energia Fotovoltaica LTDA Chile 99.00 100.00

5 Belectric Mexico Fotovoltaica S.de R.L. de C.V. Mexico 99.00 100.00

4 Belectric Espana Fotovoltaica S.L. Spain 100.00 100.00

5 Inversiones Belectric Chile LTDA Chile 1.00 100.00

5 Belectric Mexico Fotovoltaica S.de R.L. de C.V. Mexico 1.00 100.00

5 Quintana Fotovoltaica SLU Spain 100.00 100.00

5 Alvarado Solar S.L. Spain 100.00 100.00

5 Gazules I Fotovoltaica S.L. Spain 100.00 100.00

5 Gazules II Solar S.L. Spain 100.00 100.00

5 Jerez Fotovoltaica S.L. Spain 100.00 100.00

5 Las Vaguadas I Fotovoltaica S.L. Spain 100.00 100.00

5 Las Vaguadas II Solar S.L. Spain 100.00 100.00

5 El Navajo Solar, S.L. Spain 100.00 100.00

5 Clavellinas Solar, S.L. Spain 100.00 100.00

4 Belectric Gulf Limited United Arab Emirates

49.00 49.00

4 Belectric Solar Ltd. United Kingdom 100.00 100.00

5 Storage Facility 1 Ltd. United Kingdom 100.00 100.00

3 DigiKoo GmbH Germany 100.00 100.00

3 innogy e-mobility US LLC USA 100.00 100.00

3 innogy Charge Tech GmbH Germany 100.00 100.00

3 innogy e-Mobility Limited United Kingdom 100.00 100.00

3 innogy Innovation GmbH Germany 100.00 100.00

4 innogy New Ventures LLC USA 100.00 100.00

5 KnGrid, Inc. USA 41.83 41.83

5 Free Electrons LLC USA 100.00 100.00

5 pear.ai Inc. USA 40.00 40.00

4 INNOGY INNOVATION CENTER LTD Israel 100.00 100.00

4 innogy Ventures GmbH Germany 100.00 100.00

5 easyOptimize GmbH Germany 100.00 100.00

5 MotionWerk GmbH Germany 59.70 59.70

5 ucair GmbH Germany 85.00 85.00

5 Veiligebuurt B.V. Netherlands 44.90 44.90

5 Lemonbeat GmbH Germany 100.00 100.00

5 Fresh Energy GmbH Germany 62.50 62.50

5 WeAre GmbH Germany 50.00 50.00

5 innogy Ventures Vermögensverwaltung 4 GmbH Germany 100.00 100.00

5 innogy Ventures Vermögensverwaltung 5 GmbH Germany 100.00 100.00

4 innogy Company Building GmbH Germany 100.00 100.00

4 innogy Innovation UK Ltd. United Kingdom 100.00 100.00

3 Stadtwerke Kamp-Lintfort GmbH Germany 49.00 49.00

3 innogy Zweite Vermögensverwaltungs GmbH Germany 100.00 100.00

4 innogy Beteiligungsholding GmbH Germany 100.00 100.00

5 Süwag Energie AG Germany 77.58 77.58

6 Syna GmbH Germany 100.00 100.00

6 Süwag Vertrieb AG & Co. KG Germany 100.00 100.00

6 KEVAG Telekom GmbH Germany 50.00 50.00


58

6 Kommunalwerk Rudersberg GmbH & Co. KG Germany 49.90 49.90

6 Kommunalwerk Rudersberg Verwaltungs-GmbH Germany 49.90 49.90

6 Netzgesellschaft Leutenbach Verwaltungs-GmbH Germany 49.90 49.90

6 Netzgesellschaft Leutenbach GmbH & Co. KG Germany 49.90 49.90

6 Metzler G55 Süwag (STEWA) Germany 100.00 100.00

6 Stromnetz Verbandsgemeinde Katzenelnbogen GmbH & Co. KG Germany 49.00 49.00

6 Stromnetz Verbandsgemeinde Katzenelnbogen Verwaltungsgesellschaft mbH Germany 49.00 49.00

6 Untermain EnergieProjekt AG & Co. KG Germany 49.00 49.00

6 STROMNETZ VG DIEZ Verwaltungsgesellschaft mbH Germany 49.00 49.00

6 Stromnetz VG Diez GmbH & Co. KG Germany 49.00 49.00

6 Kommunale Netzgesellschaft Steinheim a. d. Murr GmbH & Co. KG Germany 49.00 49.00

6 MAINGAU Energie GmbH Germany 20.47 46.59

6 Süwag Grüne Energien und Wasser GmbH Germany 100.00 100.00

7 Windenergiepark Heidenrod GmbH Germany 45.00 45.00

7 Wasserversorgung Main-Taunus GmbH Germany 49.00 49.00

7 SolarProjekt Mainaschaff GmbH Germany 50.00 50.00

7 Wärmeversorgung Limburg GmbH Germany 50.00 50.00

6 KAWAG AG & Co. KG Germany 49.00 49.00

6 KAWAG Netze GmbH & Co. KG Germany 49.00 49.00

6 KAWAG Netze Verwaltungsgesellschaft mbH Germany 49.00 49.00

6 Netzgesellschaft Korb Verwaltungs-GmbH Germany 49.90 49.90

6 Netzgesellschaft Korb GmbH & Co. KG Germany 49.90 49.90

6 Murrhardt Netz AG & Co. KG Germany 49.00 49.00

6 Energie BOL GmbH Germany 49.90 49.90

6 Netzgesellschaft Bühlertal GmbH & Co. KG Germany 49.90 49.90

6 Netzgesellschaft Ottersweier GmbH & Co. KG Germany 49.90 49.90

6 Netzgesellschaft Lauf GmbH & Co. KG Germany 49.90 49.90

6 Energiegesellschaft Leimen Verwaltungsgesellschaft mbH Germany 74.90 74.90

6 Energiegesellschaft Leimen GmbH & Co. KG Germany 74.90 74.90

6 Süwag Vertrieb Management GmbH Germany 100.00 100.00

6 Bioenergie Kirchspiel Anhausen Verwaltungs-GmbH Germany 100.00 100.00

6 Bioenergie Kirchspiel Anhausen GmbH & Co. KG Germany 51.00 51.00

6 Stromnetz Hofheim GmbH & Co. KG Germany 49.00 49.00

6 Stromnetz Hofheim Verwaltungs GmbH Germany 49.00 49.00

6 EnergieRegion Taunus - Goldener Grund - GmbH & Co. KG Germany 49.00 49.00

7 EnergieRegion Taunus - Goldener Grund Verwaltungsgesellschaft mbH Germany 100.00 100.00

6 Bioenergie Bad Wimpfen Verwaltungs-GmbH Germany 100.00 100.00

6 Bioenergie Bad Wimpfen GmbH & Co. KG Germany 51.00 51.00

5 innogy Česká republika a.s. Czech republic 100.00 100.00

6 innogy TelNet Holding, s.r.o. Czech republic 100.00 100.00

6 innogy Gas Storage, s.r.o. Czech republic 100.00 100.00

6 innogy Zákaznické služby, s.r.o. Czech republic 100.00 100.00

6 innogy Grid Holding, a.s. Czech republic 50.04 50.04

7 GasNet, s.r.o. Czech republic 100.00 100.00

7 GridServices, s.r.o. Czech republic 100.00 100.00

6 innogy Energo, s.r.o. Czech republic 100.00 100.00

6 innogy Energie, s.r.o. Czech republic 100.00 100.00

3 innogy Dritte Vermögensverwaltungs GmbH Germany 100.00 100.00

3 AVU Aktiengesellschaft für Versorgungs-Unternehmen Germany 50.00 50.00

3 Gemeindewerke Everswinkel GmbH Germany 45.00 45.00

3 Stadtwerke Lingen GmbH Germany 40.00 40.00

3 Centrale Hydroelectrique d'Oussiat S.A.S. France 0.00 100.00


59

3 Energies Charentus S.A.S. France 0.00 100.00

3 Energies France S.A.S. France 100.00 100.00

4 Centrale Hydroelectrique d'Oussiat S.A.S. France 100.00 100.00

4 Energies Charentus S.A.S. France 100.00 100.00

4 Energies Saint Remy S.A.S. France 100.00 100.00

4 Energies VAR 1 S.A.S. France 100.00 100.00


4 SAS Île de France S.A.S. France 100.00 100.00

4 Energies Maintenance S.A.S. France 100.00 100.00

3 Energies Saint Remy S.A.S. France 0.00 100.00



3 SAS Île de France S.A.S. France 0.00 100.00

3 INVESTERG - Investimentos em Energias, Sociedade Gestora de Participações Sociais, Lda.

Portugal 100.00 100.00

4 SOLARENGO Energia, Unipessoal, Lda. Portugal 100.00 100.00

4 LUSITERG - Gestão e Produção Energética, Lda. Portugal 74.00 74.00

5 ATBERG - Eólicas do Alto Tâmega e Barroso, Lda. Portugal 40.00 40.00

3 BTB-Blockheizkraftwerks, Träger- und Betreibergesellschaft mbH Berlin Germany 100.00 100.00

4 Energienetze Berlin GmbH Germany 100.00 100.00

3 innogy Spain, S.A.U. Spain 100.00 100.00

4 Eólica de Sarnago, S.A. Spain 47.04 51.56

4 General de Mantenimiento 21, S.L.U. Spain 100.00 100.00

4 Hidroeléctrica del Trasvase, S.A. Spain 60.00 60.00

4 Danta de Energías, S.A. Spain 98.65 98.65

5 Eólica de Sarnago, S.A. Spain 4.52 51.56

5 Infraestructuras de Aldehuelas, S.A. Spain 39.18 100.00

4 Explotaciones Eólicas de Aldehuelas, S.L. Spain 95.00 95.00

5 Infraestructuras de Aldehuelas, S.A. Spain 60.82 100.00

3 MITGAS Mitteldeutsche Gasversorgung GmbH Germany 0.01 75.40

3 ESK GmbH Germany 100.00 100.00

3 innogy International Participations N.V. Netherlands 100.00 100.00

4 innogy Finance B.V. Netherlands 100.00 100.00

4 innogy Benelux Holding B.V. Netherlands 100.00 100.00

5 innogy Renewables Benelux B.V. Netherlands 100.00 100.00

6 innogy Offshore Wind Netherlands B.V. Netherlands 100.00 100.00

7 innogy Offshore Wind Netherlands Participations I B.V. Netherlands 100.00 100.00

8 Oranje Wind Power B.V. Netherlands 50.00 100.00

8 Oranje Wind Power C.V. Netherlands 50.00 100.00

7 innogy Offshore Wind Netherlands Participations II B.V. Netherlands 100.00 100.00



7 innogy Offshore Wind Netherlands Participations III B.V. Netherlands 100.00 100.00



7 innogy Offshore Wind Netherlands Participations IV B.V. Netherlands 100.00 100.00



6 innogy Windpower Netherlands B.V. Netherlands 100.00 100.00

7 Windpark Kattenberg B.V. Netherlands 100.00 100.00

7 Windpark Zuidwester B.V. Netherlands 100.00 100.00

7 Aktivabedrijf Wind Nederland B.V. Netherlands 100.00 100.00


60

7 Windpark Oostpolderdijk B.V. Netherlands 100.00 100.00

7 Windpark Eekerpolder B.V. Netherlands 100.00 100.00

6 innogy Solar Netherlands B.V. Netherlands 100.00 100.00

5 Essent N.V. Netherlands 100.00 100.00

6 Essent Nederland B.V. Netherlands 100.00 100.00

7 Powerhouse B.V. Netherlands 100.00 100.00

8 Powerhouse Energy Solutions S.L. Spain 100.00 100.00

7 Essent IT B.V. Netherlands 100.00 100.00

7 Essent Retail Energie B.V. Netherlands 100.00 100.00

8 EGG Holding B.V. Netherlands 100.00 100.00

9 GasWacht Friesland Facilities B.V. Netherlands 100.00 100.00

9 Bakker CV Installatietechniek B.V. Netherlands 100.00 100.00

9 GasWacht Friesland B.V. Netherlands 100.00 100.00

9 N.V. Energiewacht-Groep Netherlands 100.00 100.00

9 Energiewacht-Gazo B.V. Netherlands 100.00 100.00

9 Energiewacht VKI B.V. Netherlands 100.00 100.00

9 Energiewacht-A.G.A.S.-Deventer B.V. Netherlands 100.00 100.00

9 Energiewacht Facilities B.V. Netherlands 100.00 100.00

9 Sebukro B.V. Netherlands 100.00 100.00

9 Energiewacht Steenwijk B.V. Netherlands 100.00 100.00

8 Volta Limburg B.V. Netherlands 100.00 100.00

9 Volta Solar B.V. Netherlands 95.00 95.00

9 Volta Service B.V. Netherlands 100.00 100.00

9 Volta Energycare N.V. Belgium 100.00 100.00

9 Volta Solar VOF Netherlands 60.00 60.00

8 Essent Belgium N.V. Belgium 0.01 100.00

8 Kemkens B.V. Netherlands 49.00 49.00

8 Geas Energiewacht B.V. Netherlands 100.00 100.00

8 Energiewacht N.V. Netherlands 100.00 100.00

9 EGD-Energiewacht Facilities B.V. Netherlands 100.00 100.00

9 Energiewacht West Nederland B.V. Netherlands 100.00 100.00

9 Energiewacht installatie B.V. Netherlands 100.00 100.00

8 Isoprofs B.V. Netherlands 100.00 100.00

8 Essent EnergieBewust Holding B.V. Netherlands 100.00 100.00

9 It's a beautiful world B.V. Netherlands 100.00 100.00

9 Hof Promotion B.V. Netherlands 100.00 100.00

7 Essent Energie Verkoop Nederland B.V. Netherlands 100.00 100.00

7 Energiedirect B.V. Netherlands 100.00 100.00

7 Essent Belgium N.V. Belgium 99.99 100.00

7 Essent Energy Group B.V. Netherlands 100.00 100.00

7 WTTP B.V. Netherlands 100.00 100.00

7 Essent Sales Portfolio Management B.V. Netherlands 100.00 100.00

8 Essent CNG Cleandrive B.V. Netherlands 100.00 100.00

9 Esta V.O.F. Netherlands 50.00 50.00

7 innogy Business Services Benelux B.V. Netherlands 100.00 100.00

4 innogy Polska S.A. Poland 100.00 100.00

5 innogy Polska Solutions Sp. z o.o. Poland 100.00 100.00

5 innogy Stoen Operator Sp. z o.o. Poland 100.00 100.00

5 Fundacja innogy w Polsce Poland 100.00 100.00

5 Foton Technik Sp. z o.o. Poland 50.42 50.42

5 innogy Polska Contracting Sp. z o.o. Poland 100.00 100.00

6 innogy Energetyka Zachod Sp. z o.o. Poland 100.00 100.00


61

6 Energetyka Wschod Sp. z o.o. Poland 100.00 100.00

6 innogy Energetyka Trzemeszno Sp. z o.o. Poland 100.00 100.00

4 RWE-EnBW Magyarország Energiaszolgáltató Korlátolt Felelösségü Társaság Hungary 70.00 70.00

4 innogy South East Europe s.r.o. Slovakia 100.00 100.00

5 innogy Solutions s.r.o. Slovakia 100.00 100.00

4 Východoslovenská energetika Holding a.s. Slovakia 49.00 49.00

5 Východoslovenská energetika a.s. Slovakia 100.00 100.00

5 Východoslovenská distribucná, a.s. Slovakia 100.00 100.00

5 innogy Slovensko s.r.o. Slovakia 100.00 100.00

5 VSE Call centrum, s.r.o. Slovakia 100.00 100.00

5 VSE Ekoenergia, s.r.o. Slovakia 100.00 100.00

4 RWE Hrvatska d.o.o. Croatia 100.00 100.00

5 Novenerg limited liability company for energy activities Croatia 50.00 50.00

5 RWE Ljubljana d.o.o. Slovenia 100.00 100.00

6 Energenti plus d. o. o. Slovenia 100.00 100.00

5 RWE Energija d.o.o. Croatia 100.00 100.00

5 RWE Plin d.o.o. Croatia 100.00 100.00

5 Koprivnica Opskrba d.o.o. Croatia 75.00 75.00

5 Koprivnica Plin d.o.o. Croatia 75.00 75.00

4 Budapesti Elektromos Muvek Nyrt. Hungary 55.25 55.25

5 ELMU-ÉMÁSZ Energiakereskedo Kft. Hungary 50.00 100.00

5 Budapesti Disz- es Közvilagitasi Korlatolt Felelössegü Tarsasag Hungary 50.00 50.00

5 ELMU-ÉMÁSZ Energiaszolgáltató Zrt. Hungary 70.00 100.00

5 ELMU DSO Holding Korlátolt Felelosségu Társaság Hungary 100.00 100.00

6 ELMU Halozati Eloszto Kft. Hungary 100.00 100.00

5 ELMU-ÉMÁSZ Ügyfélszolgálati Kft. Hungary 70.00 100.00

5 ELMU-ÉMÁSZ Halozati Szolgáltató Kft. Hungary 65.00 100.00

5 ELMU-ÉMÁSZ Energiatároló Kft. Hungary 100.00 100.00

5 RWE Energie S.R.L. Romania 100.00 100.00

4 Eszak-magyarorszagi Aramszolgáltató Nyrt. Hungary 54.26 54.26

5 ELMU-ÉMÁSZ Energiakereskedo Kft. Hungary 50.00 100.00

5 ELMU-ÉMÁSZ Energiaszolgáltató Zrt. Hungary 30.00 100.00

5 ÉMÁSZ DSO Holding Korlátolt Felelosségu Társaság Hungary 100.00 100.00

6 ÉMÁSZ Halozati Kft. Hungary 100.00 100.00

5 ELMU-ÉMÁSZ Ügyfélszolgálati Kft. Hungary 30.00 100.00

5 ELMU-ÉMÁSZ Halozati Szolgáltató Kft. Hungary 35.00 100.00

5 RWE Energie S.R.L. Romania 0.00 100.00

4 RWE East, s.r.o. Czech republic 100.00 100.00

4 Npower Group plc United Kingdom 100.00 100.00

5 Innogy Solutions Ireland Limited Ireland 100.00 100.00

5 Npower Northern Limited United Kingdom 100.00 100.00

6 Npower Business and Social Housing Limited United Kingdom 100.00 100.00

6 Octopus Electrical Limited United Kingdom 100.00 100.00

6 Npower Northern Supply Limited United Kingdom 100.00 100.00

5 Npower Direct Limited United Kingdom 100.00 100.00

5 Npower Limited United Kingdom 100.00 100.00

6 Plus Shipping Services Limited United Kingdom 100.00 100.00

6 PS Energy UK Limited United Kingdom 100.00 100.00

6 RUMM Limited United Kingdom 100.00 100.00

6 Npower Commercial Gas Limited United Kingdom 100.00 100.00

6 Npower Financial Services Limited United Kingdom 100.00 100.00

6 Npower Gas Limited United Kingdom 100.00 100.00


62

5 Npower Yorkshire Limited United Kingdom 100.00 100.00

6 Npower Yorkshire Supply Limited United Kingdom 100.00 100.00

6 Scarcroft Investments Limited United Kingdom 100.00 100.00

4 Kärntner Energieholding Beteiligungs GmbH Austria 49.00 49.00

4 innogy Renewables Canada Inc. Canada 100.00 100.00

4 innogy Hungária Tanácsadó Kft. Hungary 100.00 100.00

5 innogy solutions Kft. Hungary 100.00 100.00

2 RWE Enerji Toptan Satis A.S. Turkey 100.00 100.00

2 RWE & Turcas Güney Elektrik Üretim A.S. Turkey 69.80 69.80

3 RWE & Turcas Dogalgaz Ithalat ve Ihracat A.S. Turkey 100.00 100.00

2 RWE Rheinhessen Beteiligungs GmbH Germany 100.00 100.00

3 EWR Dienstleistungen GmbH & Co. KG Germany 50.00 50.00

2 GBV Vierunddreißigste Gesellschaft für Beteiligungsverwaltung mbH Germany 100.00 100.00

1 Alfred Thiel-Gedächtnis-Unterstützungskasse GmbH Germany 50.00 100.00

1 RWE Pensionsfonds AG Germany 100.00 100.00

1 RWE Supply & Trading GmbH Germany 100.00 100.00

2 RWE Supply & Trading CZ, a.s. Czech republic 100.00 100.00

2 RWE Trading Services GmbH Germany 100.00 100.00

2 Catalina-Cypress Holding Limited United Kingdom 100.00 100.00

2 RWE Trading Americas Inc. USA 100.00 100.00

2 RWE Supply & Trading Participations Limited United Kingdom 100.00 100.00

2 RWE Supply & Trading Asia-Pacific PTE. LTD. Singapore 100.00 100.00

3 PT Rheincoal Supply & Trading Indonesia, PT Indonesia 0.20 100.00

3 RWE Supply & Trading (India) Private Limited India 0.01 100.00

2 PT Rheincoal Supply & Trading Indonesia, PT Indonesia 99.80 100.00

2 RWE Supply & Trading (India) Private Limited India 99.99 100.00

2 RWE SUPPLY TRADING TURKEY ENERJI ANONIM SIRKETI Turkey 100.00 100.00

2 RWE Supply & Trading CZ GmbH Germany 100.00 100.00

2 RWEST PI LNG HOLDING LLC USA 100.00 100.00

3 RWEST PI LNG 1 LLC USA 100.00 100.00

3 RWEST PI LNG 2 LLC USA 100.00 100.00

4 REV LNG SSL BC LLC USA 85.00 85.00

2 RWEST PI WALDEN HOLDING LLC USA 100.00 100.00

3 RWEST PI WALDEN 1 LLC USA 100.00 100.00

4 WALDEN GREEN ENERGY LLC USA 60.70 60.70

2 RWEST PI FRE Holding LLC USA 100.00 100.00

2 RWEST Middle East Holdings B.V. Netherlands 100.00 100.00

2 PI E&P Holding Limited Cayman Islands 100.00 100.00

3 PI E&P US Holding LLC USA 100.00 100.00

4 Ascent Energy LLC USA 49.60 49.60

2 RWE Rhein Oel Ltd. United Kingdom 100.00 100.00

2 RWE Trading Services Ltd. United Kingdom 100.00 100.00

2 RWE Supply & Trading Switzerland S.A. Switzerland 100.00 100.00

2 RWE NSW PTY LTD Australia 100.00 100.00

3 LDO Coal Pty. Ltd. Australia 40.00 40.00

3 Fassi Coal Pty. Ltd. Australia 40.00 40.00

1 Metzler MI-G50 RWE AG Germany 100.00 100.00

1 RWE Nuclear GmbH Germany 100.00 100.00

1 GBV Einunddreißigste Gesellschaft für Beteiligungsverwaltung mbH Germany 100.00 100.00

2 E & Z Industrie-Lösungen GmbH Germany 100.00 100.00

1 GBV Zweiunddreißigste Gesellschaft für Beteiligungsverwaltung mbH Germany 100.00 100.00

1 GBV Dreiunddreißigste Gesellschaft für Beteiligungsverwaltung mbH Germany 100.00 100.00


63

1 Trinkaus Secondary GmbH & Co. KGaA Germany 42.86 42.86

1 RWE Generation UK Holdings plc United Kingdom 0.00 100.00

1 Rhenas Insurance Limited Malta 100.00 100.00

1 BGE Beteiligungs-Gesellschaft für Energieunternehmen mbH Germany 100.00 100.00

2 GBV Siebte Gesellschaft für Beteiligungsverwaltung mbH Germany 100.00 100.00

2 Rhenas Insurance Limited Malta 0.00 100.00

1 GfV Gesellschaft für Vermögensverwaltung mbH Germany 100.00 100.00

2 Alte Haase Bergwerks-Verwaltungs-Gesellschaft mbH Germany 100.00 100.00


64

Annex 2: Overview of mutual agreements in place between the Company and

related parties in the last accounting period

Contracting Party Type of Agreement / Subject Matter of Agreement

Number of Agreements

innogy Česká republika a.s.

Framework Agreement on Contracts for Information Technology and Electronic Communications Services

1

Contract for Information Technology and Electronic Communications Services 2

Addenda 1 and 2 to Agreement on Contracts for Information Technology and Electronic Communications Services

2

Master Agreement on Contracts for Services in Accounting and Taxes 1

Contract for Services in Accounting and Taxes 2

Addendum 1 to Contract for Services in Accounting and Taxes 1

Agreement on Personal Data Processing 2

Agreement on Business Space Lease 1

Addenda 1 to 13 to Agreement on Business Space Lease 13

Loan Agreement 1

Addenda 1 to 3 to Loan Agreement 3

Agreement on Bundled Gas Supply Services 1

Addenda 1 and 12 to Agreement on Bundled Gas Supply Services 12

Agreement on Bundled Electricity Supply Services for MV 1

Addenda 1 and 2 to Agreement on Bundled Electricity Supply Services 2

Agreement on Bundled Electricity Supply Services for LV 1

Addenda 1 to 8 to Agreement on Bundled Electricity Supply Services for LV 8

Agreement on Bundled Electricity Supply Services from LV Grids 1

Master Agreement on Contracts for Services in Facility Management, Fleet

Management and Procurement 1

Contract for Services in Facility Management, Fleet Management and

Procurement 1


65



Master Agreement on Contracts for Corporate Services 1

Contract for Corporate Services 2

Addendum 1 to Contract for Corporate Services 1

Agreement on Business Space Sublease 1

Grant of Consent to Trademark Use 1

Agreement on Real One-way Cash Pooling 1

Agreement on Multi-tier Flexi On-line Cash Pooling 1

Agreement on Insurance Premium Payment 1

GridServices, s.r.o. Agreement on Bundled Gas Supply Services 1

Agreement on Bundled Electricity Supply Services from the Low-Voltage Grid 1

innogy Energo, s.r.o. Agreement on Billing a Share of the Cost of Establishing and Operating a REMIT Reporting Platform

1

Service Level Agreement for Marketing 1

Agreement on Application Use and Payment of Costs 1

Emission Allowance Sale and Purchase Agreement 1

Electricity Supply Agreement 5

Amendments 1 to Electricity Supply Agreement 1

Amendments 1 and 2 to Electricity Supply Agreement 2

Amendments 1 - 3 to Electricity Supply Agreement 3

Agreement on Bundled Electricity Supply Services 4

Amendment 1 to Agreement on Bundled Electricity Supply Services 1

Amendments 1 and 2 to Agreement on Bundled Electricity Supply Services 2

Amendments 1 to 5 to Agreement on Bundled Electricity Supply Services 5


66



Agreement on Bundled CNG Supply Services 1

Amendments 1 - 15 to Agreement on Bundled CNG Supply Services 15


Amendments 1 to Agreement on Bundled Gas Supply Services 1

Amendments 1 - 15 to Agreement on Bundled Gas Supply Services 15

GasNet, s.r.o. Agreement on Bundled Electricity Supply Services 1

Agreement on Bundled Gas Supply Services for Internal Consumption and Distribution System Losses

1

Amendments 1 to 4 to Agreement on Bundled Gas Supply Services for Internal Consumption and Distribution System Losses

4

RWE Supply & Trading CZ, a.s. Natural Gas Purchase and Sale Agreement 8

Amendments 1 and 2 to Natural Gas Purchase and Sale Agreement 2

Natural Gas Sale Agreement 1

Amendments 1 and 2 to Natural Gas Sale Agreement 2

Agreement on Terms of Natural Gas Purchase and Sale 1

Agreement on Compensation for Natural Gas Purchase Terms 1

Agreement on Assumption of Responsibility for the Security Standard 2

Master Agreement for Natural Gas Purchase and Sale 1

Amendments 1 - 9 to Master Agreement for Natural Gas Purchase and Sale 9

Master Agreement for Trading of Currency or Commodity Financial Derivatives

1

Amendments 1 - 14 to Master Agreement for Trading of Currency or Commodity Financial Derivatives

14

Agreement (Termination Notice, Price Revisions) 1

Amendment 1 to the Agreement 1

Supply Contract 1


67



Amendment 1 to the Supply Contract 1

Side Letter to the Gas Interface Transfer Agreement governing the Principles for the Procurement of Natural Gas

1

Amendment Agreement to the Gas Interface Transfer Agreement governing the Principles for the Procurement of Natural Gas

1

EFET General Agreement 1

EFET Master Netting Agreement 1

Credit Support Annex to the EFET Master Netting Agreement 1

Amendment Agreement to the EFET Master Netting Agreement 1

ISDA 2022 Master Agreement 1

Amendment Agreement for the Suspension of Collateralisation 1

Gas Interface Transfer Agreement 2

innogy Gas Storage, s.r.o. Emission Allowance Sale and Purchase Agreement 1


Electricity Supply Agreement 3

Agreement on Billing a Share of the Cost of Establishing and Operating of a REMIT Reporting Platform

1

innogy Zákaznické služby, s.r.o. Personal Data Processing Agreement 1

Agreement on Bundled Electricity Supply Services 1

Agreement on Termination of Contractual Liabilities 1

Master Agreement on Conclusion of Agreements on Services Provided by innogy Zákaznické služby, s.r.o.

1

Agreement on Services Provided by innogy Zákaznické služby, s.r.o. 1

RWE Supply & Trading GmbH General Agreement Concerning the Delivery and Acceptance of Natural Gas 1

Amendment to General Agreement Concerning the Delivery and Acceptance of Natural Gas

1

General Agreement Concerning the Delivery and Acceptance od Electricity 1


68



Election Sheet to the General Agreement Concerning the Delivery and Acceptance of Electricity

1

Allowances appendix to the General Agreement Concerning the Delivery and Acceptance of Electricity

1

Amendment to the General Agreement Concerning the Delivery and Acceptance of Electricity

1

EMIR Supplementary Agreement for the Implementation of Obligations in respect of Regulation EU

1

International Swaps and Derivatives Association Master Agreement 1

Agreement to a Self-billing procedure for ISDA 1

Amendment to the International Swaps and Derivatives Association Master Agreement

1

Gas Interface Transfer Agreement 1

Side letter to the Gas Interface Transfer Agreement governing the Principles for the Procurement of Natural Gas 1

Amendment Agreement to the Gas Interface Transfer Agreement governing the Principles for the Procurement of Natural Gas 1

Service level agreement for REMIT data processing 1

Master Netting Agreement 1

Credit Support Annex to the Master Netting Agreement 1

Amendment to the Credit Support Annex to the Master Netting Agreement 2

Route-to-market Agreement 1

Intra Group Services Agreement 1

Agreement 1

Amendment Agreement for the Suspension of Collateralisation 1

Amendment Agreement to the Amendment Agreement for the Suspension of Collateralisation

1

Confirmation 1

Amended and Restated Confirmation 1

Framework Agreement - Energy Industry Services 1


69



innogy Slovensko, s.r.o. SLA in the Area of Portfolio Management Gas SK 1

Amendments 1 and 2 to SLA in the Area of Portfolio Management Gas SK 2

RWE Aktiengesellschaft Contract on Access to the Electronic Trading Platform I-TEX 1

Declaration of Accession 1

Innogy Česká republika a.s. Innogy Gas Storage, s.r.o. GasNet, s.r.o. GridServices, s.r.o.

Rebranding Costs Billing Agreement 1


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innogy Energie | Annual Report 2017

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