DGAP-News: EVN AG / Key word(s): Miscellaneous

13.08.2014 / 17:48

---------------------------------------------------------------------
EVN AG will apply the new consolidation standards IFRS 10-12 for the first time in preparing the quarterly financial statements as of 30 June 2014 (Q. 1-3 2013/14), which will be released on 28 August 2014. These standards require mandatory application in the EU for financial years beginning on or after 1 January 2014.

Therefore, EVN Energievertrieb GmbH & Co KG and the EnergieAllianz Austria Group will be included in the Q. 1-3 2013/14 consolidated financial statements at equity. STEAG-EVN Walsum10 Kraftwerksgesellschaft mbH, which was previously included at equity, will be included in EVN's consolidated financial statements at 49.0%. There will be no changes in the presentation of fully consolidated companies.
  
In connection with the initial application of the new consolidation standards, the proportional results of the operating companies attributable to the EVN Group's core business will be presented as "the share of results from equity accounted investees with operational nature" under the results of operating activities (EBIT).

For explanatory purposes, the following section presents a reconciliation of the previously announced key indicators from the balance and income statement for the 2012/13 financial year ending on 30 September 2013 in million euros.

* Non-current assets from 6,125.1 to 6,404.0 (change: +278.9) * Current assets from 977.0 to 896.2 (change: -80.8) * Equity from 3,066.5 to 3,089.4 (change: +22.9)
* Liabilities from 4,035.6 to 4,210.8 (change: +175.2) * Balance sheet total from 7,102.1 to 7,300.2 (change: +198.1)
* Revenue from 2,755.0 to 2,113.9 (change: -641.1) * Share of results from equity accounted investees with an operational   nature from 0.0 to 95.0 (change: +95.0)
* Results of operating activities (EBIT) from 218.5 to 250.6(change: +32.1) * Financial results from -38.1 to -71.4 (change: -33.3) * Group profit for the period from 114.7 to 115.7 (change: +1.0)


---------------------------------------------------------------------
13.08.2014 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------

Language: English Company: EVN AG EVN Platz 2344 Maria Enzersdorf Austria Phone: +43-2236-200-12294 Fax: +43-2236-200-82294 E-mail: info@evn.at Internet: www.evn.at ISIN: AT0000741053 WKN: 074105 Indices: ATX Listed: Foreign Exchange(s) Wien (Amtlicher Handel / Official Market)  
 
End of News    DGAP News-Service  
--------------------------------------------------------------------- 282172 13.08.2014