Eskom Holdings Soc Limited 2017 IR
The report highlights Eskom's operational and financial performance for the fiscal year ending March 31, 2017. The company achieved a significant improvement in its energy availability factor (EAF) to 77.30% and successfully commissioned all four units of the Ingula Pumped Storage Scheme, adding 1,332MW of capacity. Financially, EBITDA improved to R37.5 billion, driven by a 9.4% electricity price increase and reduced open-cycle gas turbine usage. However, the company faced challenges with escalating municipal arrear debt, which rose to R9.4 billion, and a lower-than-expected tariff increase of 2.2% for the subsequent year.
Company: Eskom Holdings Soc Limited
Sector: Energy utilities
Country: South Africa
Year: 2017
Type: IR
Pages: 68
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Eskom Holdings Soc Limited
Integrated Report
The report highlights Eskom's operational and financial performance for the fiscal year ending March 31, 2017. The company achieved a significant improvement in its energy availability factor (EAF) to 77.30% and successfully commissioned all four units of the Ingula Pumped Storage Scheme, adding 1,332MW of capacity. Financially, EBITDA improved to R37.5 billion, driven by a 9.4% electricity price increase and reduced open-cycle gas turbine usage. However, the company faced challenges with escalating municipal arrear debt, which rose to R9.4 billion, and a lower-than-expected tariff increase of 2.2% for the subsequent year.
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Document Details
Report Year
2017
Reporting Period
Apr 1, 2016 - Mar 31, 2017
Fiscal Year
2017
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