Eskom Holdings Soc Ltd 2016 IR
The report highlights Eskom's operational and financial performance for the fiscal year ended March 31, 2016. The company achieved a net profit after tax of R4.6 billion and an operating EBITDA of R32 billion, driven by a tariff increase and cost containment measures. Operationally, Eskom successfully commissioned Medupi Unit 6 and synchronised Ingula Units 3 and 4, significantly improving grid capacity and avoiding load shedding since August 2015. However, the company faced challenges with rising municipal arrear debt, which reached R6 billion, and an increase in workplace fatalities. Eskom remains committed to its Generation Sustainability Strategy, targeting an 80% energy availability factor by 2020/21 while transitioning to a lower-carbon energy mix.
Company: Eskom Holdings Soc Ltd
Sector: Energy utilities
Country: South Africa
Year: 2016
Type: IR
Pages: 76
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Eskom Holdings Soc Ltd
Integrated Report
The report highlights Eskom's operational and financial performance for the fiscal year ended March 31, 2016. The company achieved a net profit after tax of R4.6 billion and an operating EBITDA of R32 billion, driven by a tariff increase and cost containment measures. Operationally, Eskom successfully commissioned Medupi Unit 6 and synchronised Ingula Units 3 and 4, significantly improving grid capacity and avoiding load shedding since August 2015. However, the company faced challenges with rising municipal arrear debt, which reached R6 billion, and an increase in workplace fatalities. Eskom remains committed to its Generation Sustainability Strategy, targeting an 80% energy availability factor by 2020/21 while transitioning to a lower-carbon energy mix.
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Document Details
Report Year
2016
Reporting Period
Apr 1, 2015 - Mar 31, 2016
Fiscal Year
2016
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Water Consumption
Women in Management
Workplace Fatalities
Employees