Statements made in this overview of operations regarding Kyushu Electric Power’s strategies and forecasts
and other statements that are not historical facts are forward-looking statements based on management’s
assumptions and beliefs in light of information currently available, and should not be interpreted as promises
or guarantees.
Owing to various uncertainties, actual results may differ materially from these statements. Investors are
hereby cautioned against making investment decisions solely on the basis of forward-looking statements
contained herein.
Financial Results for 4/2008ー3/2009andFinancial Forecasts for 4/2009ー3/2010
May 1, 2009
■しかく
■しかく ■しかく
■しかく ■しかく
■しかく Table of Contents
Table of Contents ■しかく
■しかく ■しかく
■しかく ■しかく
■しかく
Financial Results and Forecasts Summary
FY2008 Financial Results Summary P 1
FY2009 Financial Forecasts Summary P 2
Reference Information and Sensitivity Factors (Non-Consolidated) P 3
FY2008 Financial Results
Electricity Sales Volume P 4
Generated and Received Electricity P 5
Income Statements Summary (Non-Consolidated) P 6
Ordinary Revenues Explanations (Non-Consolidated) P 7
Ordinary Expenses Explanations (Non-Consolidated) Fuel and Purchased Power P 8
Ordinary Expenses Explanations (Non-Consolidated) Personnel and Maintenance P 9
Ordinary Expenses Explanations (Non-Consolidated) Depreciation and Others Expenses P 10
Balance Sheets Summary (Non-Consolidated) P 11
Income Statements Summary (Consolidated) P 12
Segment Information P 13
Cash Flows Summary (Consolidated) P 14
■しかく Financial Results and Forecasts Summary
Financial Results and Forecasts Summary
■しかく
■しかく FY200
FY2008
8 Financial Results Summary
Financial Results Summary ■しかく
■しかく1Consolidated (Unit:Billions of Yen)
FY2008 FY2007 Difference % Change
(A) (B) (A)-(B) (A)/(B)
Sales 1,524.1 1,482.3 41.8 102.8
Operating Income 84.7 105.5 -20.8 80.3
Ordinary Income 50.4 72.3 -21.9 69.7
Net Income 33.9 41.7 -7.7 81.5
Non-Consolidated (Unit:Billions of Yen)
FY2008 FY2007 Difference % Change
(A) (B) (A)-(B) (A)/(B)
Sales 1,430.1 1,392.0 38.1 102.7
Operating Income 74.8 93.9 -19.1 79.6
Ordinary Income 38.7 60.0 -21.3 64.5
Net Income 26.9 35.6 -8.7 75.4
【Summary】 Sales increase but income decline for
the 3rd consecutive year:
- Increase in electricity sales due to fuel cost adjustment
system.
- More fuel costs and purchased power expenses by
soaring fuel prices, etc. in the 1st half of FY2008.
Note : Scope of Consolidation and Companies Accounted for by Equity Method
Consolidated Subsidiaries: 33 (-1 compared to FY2007)
Companies Accounted for by Equity Method: 32 (+2 compared to FY2007)
Consolidated
Non-Consolidated84.7105.572.350.441.733.9
1,524.1
1,482.30500
1,000
1,500
FY2007 FY2008(B\)050100150(B\)
Operating Income (Right Axis) Ordinary Income (Right Axis)
Net Income (Right Axis) Sales (Left Axis)74.893.938.760.026.935.6
1,430.1
1,392.00500
1,000
1,500
FY2007 FY2008(B\)050100150(B\)
Dividend
Annual dividend is planned to be 60 yen per share
(Interim:30 yen , Year-end:30 yen)
Consolidated (Unit:Billions of Yen)
FY2009 FY2008 Difference % Change
Forecast (A) Actual (B) (A)-(B) (A)/(B)
Sales 1,448.0 1,524.1 -76.1 95.0
Operating Income 90.0 84.7 5.3 106.2
Ordinary Income 57.0 50.4 6.6 113.0
Net Income 35.0 33.9 1.1 103.0
Non-Consolidated (Unit:Billions of Yen)
FY2009 FY2008 Difference % Change
Forecast (A) Actual (B) (A)-(B) (A)/(B)
Sales 1,350.0 1,430.1 -80.1 94.4
Operating Income 79.0 74.8 4.2 105.6
Ordinary Income 45.0 38.7 6.3 116.1
Net Income 27.0 26.9 0.1 100.379.074.845.038.727.026.9
1,350.0
1,430.10500
1,000
1,500
FY08 Actual FY09 Forecast(B\)050100150(B\)90.084.757.050.435.033.9
1,448.0
1,524.10500
1,000
1,500
FY08 Actual FY09 Forecast(B\)050100150(B\)
Operating Income(Right Axis) Ordinary Income(Right Axis)
Net Income(Right Axis) Sales(Left Axis)
Consolidated
Non-Consolidated
Dividend
Annual dividend is planned to be 60 yen per share
(Interim:30 yen, Year-end:30 yen) ※(注記)Same as in FY2008
【Summary】 Sales decrease but income increase since
FY2003:
- Decrease in electricity sales due to lowered electricity
sales volume and decrease in electricity sales owing to
fuel cost adjustment system.
- Lowered fuel and purchased power costs because of
decrease in fuel prices, etc.
■しかく
■しかく FY200
FY2009
9 Financial Forecasts Summary
Financial Forecasts Summary ■しかく
■しかく2 ■しかく
■しかく Reference Information and
Reference Information and Sensitivity Factors (Non
Sensitivity Factors (Non-
-Consolidated)
Consolidated) ■しかく
■しかく3Sensitivity Factors (Non-Consolidated)
(Unit:Billions of Yen)
FY2009 FY2008
Exchange Rate
(1\/$)
1.8 2.9
Crude Oil CIF Price
(1$/b)
1.4 1.5
Water Flow Rate(1%)0.3 0.4
Nuclear Power Generation
Capacity Utilization Rate (1%)
2.1 3.5
Reference Information (Non-Consolidated)
84.7 TWh 85.9 TWh -1.2 TWh
100 \/$ 100.7 \/$ -0.7 \/$
55 $/b 90.5 $/b -35.5 $/b
100.0 % 99.7 % 0.3 %
83.3 % 84.6 % -1.3 %
Crude Oil CIF Price
Water Flow Rate
Nuclear Power Generation Capacity Utilization Rate
Exchange Rate
Electricity Sales Volume
Difference
(A)-(B)(A)FY2009 FY2008(B) ■しかく FY2008 Financial Results
■しかく
■しかく Electricity Sales Volume
Electricity Sales Volume ■しかく
■しかく4
Details Large-Scale Industrial Demand by Sector
(Unit:TWh) (Unit:TWh)
Difference % Change Difference % Change
29.3 -0.3 99.0 7.2 -0.5 93.5
Low Voltage 4.9 -0.3 94.0 Electronics 5.2 -0.5 92.1
Others 0.8 -0.1 90.6 Transportation 1.5 - 100.4
35.0 -0.7 98.0 2.5 -0.6 81.6
20.3 -0.1 99.5 2.6 - 100.8
30.6 -1.4 95.6 1.1 -0.1 92.3
50.9 -1.5 97.1 1.7 - 100.9
85.9 -2.2 97.5 8.9 - 99.4
24.0 -1.2 95.3
General
FY2008
Comparison
Breakdown
61.9 -1.0 98.4
24.0 -1.2 95.3
Large-scale industrial
FY2008
Steel and Iron
Machinery
Clay and Stone
with FY2007
Chemicals
with FY2007
Comparison
Subtotal
Total
Demand
under
Liberalization
Industrial
Demand
other than
under
Liberalization
Lighting
Subtotal
Commercial
Power
Non-ferrous Metals
Others
Total
・ General demand decreased by 1.6% to 1.0TWh. Reasons for this includes a decrease in air-conditioning demand
due to a mild climate in summer and winter.
・ Demand from large-scale industrial customers decreased by 4.7% to 1.2TWh. Reasons for this include a large
production decline in major industries such as electronics, transportation and steel industries in the 2nd half of
FY2008 ,although production in transportation machinery, chemicals and non-ferrous metals shifted steadily in the
1st half of FY2008.
■しかく
■しかく Generated and Received
Generated and Received Electricity
Electricity ■しかく
■しかく5Details (Unit:TWh)
Difference % Change
4.6 1.0 128.6
(99.7) (18.6)
35.0 -1.7 95.2
38.9 -0.7 98.3
(84.6) (-1.2)
78.5 -1.4 98.2
Received from Other Companies 16.4 -0.8 95.4
Interchange -0.1 0.3 19.1
Pumped Storage Use -0.9 -0.3 146.6
Total 93.9 -2.2 97.7
Note1 : Figures in < > denote nuclear power utilization rate.
Note2 : Figures in denote component rate.
Comparison
(Utilization Rate)
with FY2007
FY2008
Subtotal
Generated
Hydro
Thermal
Nuclear
(Water Flow Rate)
Trends in Generated and Received Electricity
39.7 40.0 37.8 39.6
29.7 31.8 34.936.74.8 3.1 4.0
3.6 4.6
13.8 15.9 15.516.238.935.015.40102030405060708090100FY04 FY05 FY06 FY07 FY08
Nuclear Thermal Hydro Others
(TWh)92.290.896.188.093.9<84.6>
<86.2> <86.8> <82.1> <85.8>33.845.1 41.537.2 ■しかく
■しかく Income Statements Summary
Income Statements Summary (Non
(Non-
-Consolidated)
Consolidated) ■しかく
■しかく6(Unit:Billions of Yen)
FY2008 FY2007 Difference % Change
(A) (B) (A)-(B) (A)/(B)
Lighting 584.9 576.3 8.5 101.5
Power 793.3 763.2 30.0 103.9
Sales to Other Companies 7.6 10.6 -2.9 72.6
Sales to Other Electric Power Companies -4.5,
Sales to Other Companies 1.6
Others 51.3 51.2 0.1 100.2
(Sales) (1,430.1) (1,392.0) (38.1) (102.7)
1,437.3 1,401.4 35.8 102.6
Personnel 136.7 138.3 -1.5 98.9 Employees' Retirement Benefits -2.7
Fuel 305.6 279.9 25.6 109.2
Surge in Fuel Prices 39.7(CIF Price 63.5, Exchange Rate -19.8)
Effect of Decreased Sales Volume -16.7
Maintenance 197.8 184.9 12.8 107.0 Nuclear 12.7
Depreciation 195.2 197.3 -2.1 98.9 Thermal -3.0, Nuclear 1.3
Purchased Power 149.9 123.2 26.6 121.6 Purchase from Other Companies 26.5
Interest Charges 33.4 34.4 -0.9 97.1
Miscellaneous Taxes 90.1 88.7 1.3 101.5 Property Tax 1.2
Nuclear Back-end Costs 51.1 72.0 -20.9 71.0
Decommissioning Costs of Nuclear Power Units -13.0,
Reprocessing Costs of Irradiated Nuclear Fuel -7.2
Others 238.4 222.3 16.1 107.3 Disposition of Property 6.5, Subcontract Fee 4.1
1,398.5 1,341.4 57.1 104.3
(74.8) (93.9) (-19.1) (79.6)
38.7 60.0 -21.3 64.5
5.4 - 5.4 - Gain on Sales of Available-for- Sale Securities 5.4
26.9 35.6 -8.7 75.4
Note : Nuclear back-end costs consist of the followings: Reprocessing Costs of Irradiated Nuclear Fuel, Reprocessing Preparation Costs of Irradiated Nuclear Fuel, Decommissioning Costs of Nuclear Power
Units, and Disposal Cost of High-Level Radioactive Waste
(References)
FY2008 FY2007 Difference
(A) (B) (A)-(B)
100円.7/$ 114円.4/$ - 13円.7/$
90.5$/b 78.7$/b 11.8$/b
133.9$/t 75.1$/t 58.8$/t
99.7% 81.1% 18.6%
84.6% 85.8% -1.2%
Note : Coal CIF Price is a weighted average from Apr.08 to Feb.09.
Crude Oil CIF Price
Water Flow Rate
Nuclear Power Generation Capacity Utilization Rate
Net Income
Extraordinary Income
Coal CIF Price
Explanations
Exchange Rate
Sales Growth from Increased Fuel Cost Adjustment and Revised Base
Fuel Price following New Electricity Rates, etc 71.4
Decrease in Electricity Sales Volume -32.9
Ordinary
Revenues
Ordinary
Expenses
Subtotal
Subtotal
(Operating Income)
Ordinary Income
■しかく
■しかく Ordinary
Ordinary Revenues
Revenues Explanations
Explanations (Non
(Non-
-Consolidated)
Consolidated) ■しかく
■しかく7<Explanations> <Explanations> FY2007 FY2008
1Sales Growth from Increased Fuel Cost 1Sales to Other EPCOs -4.5 ( 6.0 ⇒ 1.5 )
Adjustment and Revised Base Fuel Price ・Decrease in Sales to Other EPCOs
following New Electricity Rates, etc (0.38→0.10TWh, -0.28TWh compared to FY2007 )
・Fuel Cost Adjustment 2Sales to Other Companies 1.6 ( 4.5 ⇒ 6.1 )
(18.0 → 50円.4B, +32円.4B compared to FY2007) ・Sales to Other Companies
・Increase due to Revised Base Fuel Price, etc (0.31→0.54TWh, +0.23TWh compared to FY2007 )
2Decrease in Demand
・Decrease in Electricity Sales Volume
(88.1 → 85.9TWh, -2.2TWh compared to FY2007)
Difference
-32.971.4(Unit:Billions of Yen)
FY2008 FY2007 Difference %Change
(A) (B) (A)-(B) (A)/(B)
Sales to Other Companies
&Others 59.0 61.8 -2.8 95.5
Sales to Other Companies
&Others35.343.053.061.859.03040506070
FY04 FY05 FY06 FY07 FY08(B\)(Unit:Billions of Yen)
FY2008 FY2007 Difference %Change
(A) (B) (A)-(B) (A)/(B)
Lighting&Power 1,378.2 1,339.5 38.6 102.9
Lighting&Power
1,378.2
1,339.5
1,290.9 1,286.4
1,303.0
1,250
1,280
1,310
1,340
1,370
1,400
FY04 FY05 FY06 FY07 FY08(B\)【Reference】Details of Electricity Sales Volume (Unit:TWh)
FY2008 FY2007 Difference
(A) (B) (A)-(B)
General 61.9 62.9 -1.0
Temperature Effect, etc -1.2
Leap Year Effect -0.1
All-electric Homes 0.3
Large-scale
Industrial
24.0 25.2 -1.2
(1st half) Transpotation, Chemicals and Non-Ferrous
Metals, etc. 0.4
(2nd half) Electronics, Transpotation, Steel and Iron -1.6
Explanations
■しかく
■しかく Ordinary Expenses Explanations (Non
Ordinary Expenses Explanations (Non-
-Consolidated)
Consolidated) ■しかく
■しかく8<Explanations> Difference <Explanations> Difference FY2007 FY2008
1Surge in Fuel Prices 39.7 Purchase from Other Companies 26.5 ( 123.1 ⇒ 149.6 )
◆だいやまーくCIF Prices 63.5 ◆だいやまーくReceived Thermal Power 24.3 ( 95.7 ⇒ 120.1 )
(Reference) All Japan CIF Price Rise of Purchase Cost due to Increased Fuel Cost , etc.
・Coal (75.1 → 133.9$/t, +58.8$/t compared to FY2007) ◆だいやまーくReceived Hydro Power 0.8 ( 15.1 ⇒ 15.9 )
・LNG (446.9 → 669.6$/t, +222.7$/t compared to FY2007)
・Crude Oil (78.7 → 90.5$/b, +11.8$/b compared to FY2007)
◆だいやまーくEffect of Yen Appreciation -19.8
(Reference) Interbank Exchange Rate
・Yen's Exchange Rate against US$
(114.4→100.7, +13.7 Appreciation over US$ compared to FY2007)
2Effect of Decreased Sales Volume -16.7
・Electricity Sales Volume
(88.1 → 85.9TWh, -2.2TWh compared to FY2007)
(Unit:Billions of Yen)
FY2008 FY2007 Difference %Change
(A) (B) (A)-(B) (A)/(B)
Fuel 305.6 279.9 25.6 109.2
Purchased Power
123.2
112.6
113.2
105.5
149.950100150200
FY04 FY05 FY06 FY07 FY08(B\)Fuel
279.9
305.6
211.3
179.7
143.250100150200250300350FY04 FY05 FY06 FY07 FY08(B\)(Unit:Billions of Yen)
FY2008 FY2007 Difference %Change
(A) (B) (A)-(B) (A)/(B)
Purchased Power 149.9 123.2 26.6 121.6
■しかく
■しかく Ordinary Expenses Explanations (Non
Ordinary Expenses Explanations (Non-
-Consolidated)
Consolidated) ■しかく
■しかく9<Explanations> FY2007 FY2008 <Explanations> FY2008
1Employees' Retirement 1Nuclear ( 60.4 ⇒ 73.2 )
Benefits ・Preventive Work on Weld of Inlet Nozzle Stub for No.2 Unit
of Sendai Nuclear Power Station Steam Generation
・Vessel Head Replacement Work for No.1 and 2 Units of
・Amount Accrued Sendai Nuclear Power Station
in FY2002 ‐12.8 2Thermal ( 39.5 ⇒ 43.1 )
(Completed Amortization in FY2007) ・Work for Aging Degradation
・Amount Accrued 3Other ( 84.9 ⇒ 81.4 )
in FY2007 6.6 ・Distribution -1.5, Transformation -0.8
◆だいやまーくExpected Return on Plan Assets 4.0 ( -13.5 ⇒ -9.5 )
・Change in Expected Return on Plan Assets(4%→3%)
FY2007
-4.0 )
-9.8 )12.7-3.4
-2.7 -1.2
( ⇒
-6.2 -3.6
( ⇒3.6(Unit:Billions of Yen)
FY2008 FY2007 Difference %Change
(A) (B) (A)-(B) (A)/(B)
Maintenance 197.8 184.9 12.8 107.0
Maintenance
158.7 157.3
170.7
184.9
197.880120160200240FY04 FY05 FY06 FY07 FY08(B\)(Unit:Billions of Yen)
FY2008 FY2007 Difference %Change
(A) (B) (A)-(B) (A)/(B)
Personnel 136.7 138.3 -1.5 98.9
Personnel
185.9
178.4
144.8 138.3 136.780120160200240FY04 FY05 FY06 FY07 FY08(B\)◆だいやまーくAmortization on Difference
between Actual and Expected
Returns on Plan Assets
[Reference] Difference between Actual and
Expected Returns on Plan Assets
(Unit:Billions of Yen)
Year Amount Amortization Difference
Accrued Accrued FY08(A) FY07(B) (A-B)
FY02 64.2 - 12.8 -12.8
FY03 -36.9 -7.3 -7.3
FY04 -8.9 -1.7 -1.7
FY05 -29.5 -5.9 -5.9
FY06 -7.0 -1.4 -1.4
FY07 33.2 6.6 - 6.6
Total -9.8 -3.6 -6.2
■しかく
■しかく Ordinary Expenses Explanations (Non
Ordinary Expenses Explanations (Non-
-Consolidated)
Consolidated) ■しかく
■しかく10<Explanations> FY2007 FY2008 <Explanations> FY2007 FY2008
1Thermal -3.0 ( 36.9 ⇒ 33.8 ) 1Decommissioning Costs of
2Nuclear 1.3 ( 35.0 ⇒ 36.3 ) Nuclear Power Units
3Hydro 0.6 ( 20.0 ⇒ 20.7 ) ・Reversal of Temporary Increase for FY2007 Clearance
Revel Revision
2Disposition of Property 6.5 ( 16.3 ⇒ 22.8 )
・Renewal of Steam Generator for No.1 Unit of Sendai Nuclear
Power Station
・Replacement Work for No.2 Unit Core Internal of Genkai Nuclear
Power Station
3Subcontract fee 4.1 ( 70.7 ⇒ 74.8 )
Work for Amended Regulatory Guide for Reviewing Seismic
Design of Nuclear Power Reactor Facilities
8.3 )
-13.0 ( 21.3 ⇒
(Unit:Billions of Yen)
FY2008 FY2007 Difference %Change
(A) (B) (A)-(B) (A)/(B)
Other Expenses 413.1 417.6 -4.4 98.9
Others
381.7
391.3
405.2
417.6 413.1300350400450
FY04 FY05 FY06 FY07 FY08(B\)(Unit:Billions of Yen)
FY2008 FY2007 Difference %Change
(A) (B) (A)-(B) (A)/(B)
Depreciation 195.2 197.3 -2.1 98.9
Depreciation
210.3
199.5
189.0
197.3 195.2100150200250
FY04 FY05 FY06 FY07 FY08(B\)[Reference]Commercial Operationof Omarugawa Hydro Power Situation
Output
Commercial
Operation date
Trial
Operation
No.3Unit 300MW Jan.09 Jun.08 -Dec.08
No.4Unit 300MW Jul.07 Dec.06- Jun.07
■しかく
■しかく Balance Sheets Summary (Non
Balance Sheets Summary (Non-
-Consolidated)
Consolidated) ■しかく
■しかく11【Assets】 (Unit:Billions of Yen)
Mar. 31, 2009 Mar. 31, 2008 Difference
(A) (B) (A)-(B)
Utility Property, Plant and
Equipment
2,582.0 2,616.6 -34.6
Depreciation -195.2,
Construction Completed 178.6
Investments and
Other Assets
470.6 440.5 30.1 Reserve Funds for Reprocessing of Irradiated Nuclear Fuel 31.2
Other 781.4 727.5 53.8
Cash and Cash Equivalents 29.3,
Nuclear Fuels 13.3,
Stores (Stored Fuels, etc.) 8.9
Total 3,834.1 3,784.7 49.4
【Liabilities and Equity】 (Unit:Billions of Yen)
Mar. 31, 2009 Mar. 31, 2008 Difference
(A) (B) (A)-(B)
Interest-bearing Debt 1,989.6 1,915.9 73.6
[D/E Ratio]
Mar. 09 2.03 ← Mar. 08 1.92
Other Liabilities 862.9 869.0 -6.0
Liabilities for Employees' Retirement Benefits -12.7,
Reserve for Decommissioning of Nuclear Power Units 8.3
Equity 981.5 999.6 -18.1
Net Income 26.9
Dividends Paid -28.4
Unrealized Gain on Available-for-sale Securities -14.6
[Equity Ratio]
Mar. 09 25.6% ← Mar. 08 26.4%
Total 3,834.1 3,784.7 49.4
Explanations
Explanations
■しかく
■しかく Income Statements Summary
Income Statements Summary (Consolidated)
(Consolidated) ■しかく
■しかく12(Unit:Billions of Yen)
FY2008 FY2007 Difference % Change
(A) (B) (A)-(B) (A)/(B)
Electric 1,398.5 1,363.4 35.1 102.6
Other 125.6 118.9 6.6 105.6
1,524.1 1,482.3 41.8 102.8 (1.07)
10.4 11.2 -0.8 92.7
1,534.6 1,493.5 41.0 102.7
Electric 1,317.2 1,260.6 56.6 104.5
Other 122.2 116.1 6.0 105.2
1,439.4 1,376.8 62.6 104.6
44.6 44.3 0.2 100.6
1,484.1 1,421.2 62.9 104.4
(84.7) (105.5) (-20.8) (80.3) (1.13)
50.4 72.3 -21.9 69.7 (1.30)
5.4 - 5.4 -
33.9 41.7 -7.7 81.5 (1.26)
Net Income
Other Expenses
Subtotal
Subtotal
Ordinary
Expenses
Ordinary
Revenues
Operating Revenues(Sales)
Other Revenues
Operating Expenses
Extraordinary Income
(Operating Income)
Ordinary Income
FY2008
Consolidated
Ratio
■しかく
■しかく Segment Information
Segment Information ■しかく
■しかく13(Unit:Billions of Yen)
1,400.7 157.2 92.7 24.4 1,675.1 -150.9 1,524.1
(35.0) (10.1) (4.3) (-0.4) (49.1) (-7.3) (41.8)
1,398.5 60.4 55.7 9.4 1,524.1 - 1,524.1
(35.1) (3.8) (2.9) (-0.1) (41.8) (-) (41.8)
74.1 7.5 0.7 1.6 84.1 0.5 84.7
(-20.1) (-0.9) (2.4) (-1.8) (-20.5) (-0.2) (-20.8)
40.7 9.5 -0.8 0.7 50.3 0.1 50.4
(-22.6) (0.9) (2.5) (-2.2) (-21.3) (-0.5) (-21.9)
3,705.3 284.8 141.9 136.5 4,268.7 -157.8 4,110.8
(35.4) (19.5) (-0.9) (-5.0) (48.8) (2.2) (51.1)
223.9 20.2 22.2 3.7 270.0 -4.5 265.5
(22.0) (2.4) (-2.4) (-3.0) (18.8) (-1.4) (17.4)
Note : Figures in brackets denote differences from FY2007.
*Ordinary Income from Energy-related Business includes 2円B Income from Overseas Energy Business(+3円.1B compared to FY2007).
Subtotal
Eliminations/
Corporate
Consolidated
Total Sales
Electric Power
Energy-related
Business
IT and
Telecommunications
Other
Total Assets
Capital Expenditures
Sales to
Customers
Operating Income
Ordinary Income
Reasons for Changes in Operating Income
・Energy-related Business
Increased Cost on Plant Construction Business ・IT and Telecommunications
Expansion of Broadband Services Subscribed
・Other
Increased Expense for Reconstruction of Commercial Building for Rent* ■しかく
■しかく Cash Flows Summary (Consolidated)
Cash Flows Summary (Consolidated) ■しかく
■しかく14(Unit:Billions of Yen)
FY2008 FY2007 Difference
(A) (B) (A)-(B)
247.0 267.5 -20.4 Ordinary Income -21.9
-259.8 -233.5 -26.2 Payments for Investments and Advances -11.8
(Capital Expenditures including Nuclear Fuel) (-258.5) (-242.2) (-16.3)
42.0 -26.3 68.4
Net Increase in Interest-bearing Debt 62.2
(FY2008 70.5 ← FY2007 8.3)
29.3 7.4 21.8
-11.4 25.2 -36.7
* Free Cash Flows = Cash Flows from Operating Activities - Capital Expenditures including Nuclear Fuel
Free Cash Flows
Cash Flows from Financing Activities
Explanations
Cash Flows from Operating Activities
Cash Flows from Investing Activities
Net Increase in Cash and Cash Equivalents* For more information, please contact:
For more information, please contact:
Investor Relations Group
Investor Relations Group
Corporate Planning Dept.
Corporate Planning Dept.
KYUSHU ELECTRIC POWER CO., INC.
KYUSHU ELECTRIC POWER CO., INC.
TEL +81 92 726 1575
TEL +81 92 726 1575
FAX +81 92 733 1435
FAX +81 92 733 1435
URL:http://www.kyuden.co.jp/en_ir_index
URL:http://www.kyuden.co.jp/en_ir_index.html