电能实业(00006) - 2018 - 年度财报

Financial Performance - Shareholders' profit attributable to the company for 2018 was HKD 7,636 million, a decrease of 8% from HKD 8,319 million in 2017[8] - Basic earnings per share for 2018 was HKD 3.58, down 8% from HKD 3.90 in 2017[8] - The company achieved an 11% increase in core business performance, excluding one-time gains from property sales in 2017[20] - The proposed final dividend is HKD 2.03 per share, with a total annual dividend of HKD 2.80 per share[20] - The group is undertaking a significant capital investment plan of HKD 26.6 billion, which includes a 20% reduction in future dividends due to regulatory changes[22] Capital Investment and Projects - The group has been authorized by the Hong Kong government to invest HKD 26.6 billion in capital projects over the next five years, with 61% of the funds allocated for upgrading the power generation mix, gradually transitioning from coal to gas[25] - The new gas units are expected to be operational by 2023, increasing the gas generation proportion to approximately 70% of total power generation[22] - The Iberwind project in Portugal aims to increase wind power generation capacity by 60%, with construction expected to commence in 2019[25] - AEO has received government approval to build and operate two new wind farms in Australia, with a total capacity of 465 MW, expected to be operational in the first half of 2019[29] - The company has completed the construction of a new oil pipeline capable of transporting 100,000 barrels per day, which is expected to enhance operational efficiency[25] Sustainability and Environmental Initiatives - The company is actively investing in innovative technologies to improve performance in carbon reduction and renewable energy management[15] - The company is committed to sustainable energy solutions and has a diversified asset portfolio across four continents[15] - The group is investing in innovative projects to reduce carbon emissions and support global climate change goals[22] - The company aims to reduce greenhouse gas emissions by 37% from 1990 levels by 2020, in line with UK targets[36] - The company has developed an action plan to respond to extreme weather events, including contingency measures and staff deployment strategies[61] Operational Performance - The company reported a stable performance in 2018, reflecting the excellence of its asset portfolio, with a focus on customer service, operational efficiency, and environmental protection[32] - The group has achieved a record of zero system switching incidents in the past year, showcasing operational excellence in network management[24] - UK Power Networks (UKPN) achieved a distribution volume of 79.639 billion kWh in 2018, a 0.7% increase from 2017, while maintaining the lowest electricity system usage charges among UK operators[41] - UKPN invested approximately £620 million in its regulated network in 2018 to maintain high reliability standards[41] - The company operates over 24 assets globally, with a diversified portfolio across Asia, Australia, North America, and Europe[32] Customer Engagement and Community Support - The company actively engages with customers through surveys and modern communication platforms to maintain high customer satisfaction levels[167] - The company served over 2,100 elderly individuals through its "Warmth Community" program, providing care and assistance[172] - The company conducted approximately 1,000 courses at the "Hong Kong Third Age Academy," with a total enrollment of 16,300 participants in 2018[173] - UKPN contributed HKD 3,529,335 to local charities and communities in 2018 through various donation programs[177] - The "Green Energy Dream Come True" competition in 2018 supported 13 secondary school teams to promote energy efficiency and renewable energy[177] Corporate Governance - The company maintained a high level of corporate governance, ensuring transparency and attracting investors, which is crucial for shareholder value[187] - The board of directors held four meetings in 2018, with attendance records indicating full participation from executive directors[190] - The audit committee reviewed the governance structure and compliance with corporate governance codes during meetings held in March and July 2018[187] - The company’s governance policies aim to protect the rights of shareholders and stakeholders, enhancing the value of shares held[187] - The company has established procedures for directors to seek independent professional advice when necessary, with costs covered by the company[191] Environmental Impact and Compliance - The company achieved outstanding performance in emissions, with the Jinwan Power Plant being one of the few coal-fired power plants in mainland China with "near-zero" emissions[166] - The total greenhouse gas emissions amounted to 12,642,974 tons of CO2 equivalent, an increase from 12,195,081 tons in 2017, representing a rise of approximately 3.7%[178] - The total nitrogen oxides emissions in 2018 were 6,951 tons, up from 6,816 tons in 2017, indicating an increase of about 2.0%[178] - The total harmful waste generated in 2018 was 66,541 tons, slightly down from 66,649 tons in 2017, showing a decrease of about 0.2%[178] - The company has implemented various environmental protection measures to mitigate the impact of business activities on biodiversity and local ecosystems[143]