Fortum owns and operates electricity distribution and regional networks, and distributes electricity to a total of 0.9 million customers in Sweden.
|EUR million||2014||2013|| Change|
|‑ distribution network transmission||590||896||‑34%|
|‑ regional network transmission||120||129||‑7%|
|‑ other sales||41||39||5%|
|Comparable operating profit||266||332||‑20%|
|Net assets (at period‑end)||2,615||3,745||‑30%|
|Return on net assets, %||73.6||9.3||691%|
|Comparable return on net assets, %||9.3||8.8||6%|
|Capital expenditure and gross investments in shares||147||255||‑42%|
|Number of employees||390||805||‑52%|
In 2014, the volume of distribution and regional network transmissions totalled 17.6 TWh (2013: 26.1) and 13.8 TWh (2013: 16.3), respectively. Volumes were lower due to warmer weather, especially during the first quarter of 2014. The lower total volume was mainly due to the divestment of the Finnish and Norwegian distribution businesses.
The Distribution Segment's comparable operating profit was EUR 266 million (2013: 332). The decrease was mainly due to the very mild weather during the first quarter and to the divestment of the electricity distribution business in Finland that was finalised at the end of March.
Operating profit totalled EUR 2,132 million (2013: 349) and was affected by sales gains totalling approximately EUR 1,865 billion from the Finnish and Norwegian electricity distribution businesses.
|Volume of distributed electricity in distribution network|
|Number of electricity distribution customers by area|
|Thousands||Dec 31 2014||Dec 31 2013|| Change|
by area, TWh
customers by area, thousands