As of 2011, the operating and economic and financial information of IBERDROLA Group is structured as follow business lines: Network Business, Wholesale and Retail Business, Renewable Energy Business and Other Businesses. On the other hand, Corporate encompasses the costs of the Group structure (Single Corporation) for the administrative services of the corporate areas that are later billed to the other companies, whether through specific service contracts or a management fee.
NET PROFIT AMOUNTED TO €2,275 MILLION IN NINE MONTHS OF 2013
IBERDROLA’s results for the period must be seen within the framework of a complex operating environment characterized by a difficult macroeconomic situation on an international level together with the effect of recent regulatory/fiscal modifications that have meant lower revenues from liberalized businesses, especially in Spain and the United Kingdom and from Networks and Renewables in Spain.
The keys for the first nine months of 2013 have been:
EBITDA BREAKDOWN (% AND € MILLIONS)
GROUPS TOTAL PRODUCTION (GWh)