The Group’s principal performance indicators are highlighted here. Solid operating performance, an improvement in our average achieved electricity price and an increase in net power sold were offset by an increase in coal prices, the cost of CO2 emissions allowances and operating expenses, resulting in EBITDA of £454 million compared to £506 million in 2007. The Business and financial review includes further explanation and commentary in relation to our principal performance indicators and the results for the year.
Tony Quinlan
Finance Director
2 March 2009