电能实业(00006) - 2021 - 年度财报

Financial Performance - The company reported a shareholder profit of HKD 6,140 million for 2021, a slight increase from HKD 6,132 million in 2020, representing a growth of 0.13%[20] - Earnings per share increased to HKD 2.88 in 2021 from HKD 2.87 in 2020, reflecting a growth of 0.35%[20] - The total equity of the company reached HKD 86,767 million in 2021, up from HKD 84,766 million in 2020, indicating a growth of 2.36%[20] - The group reported a net profit attributable to shareholders of HKD 6.14 billion for 2021, slightly up from HKD 6.13 billion in 2020, indicating a stable performance despite challenges[22] - The total annual dividend declared is HKD 2.82 per share, which includes a final dividend of HKD 2.04 per share and an interim dividend of HKD 0.78 per share, consistent with the previous year[22] - The group's operating cash flow for 2021 was HKD 5.3 billion, down from HKD 5.53 billion in 2020, reflecting a slight decrease in operational efficiency[22] Operational Capacity and Infrastructure - The company operates a total of 1,064 MW in renewable energy and waste-to-energy generation capacity[19] - The total length of gas and oil pipeline networks is approximately 114,200 kilometers, while the electricity network spans about 402,500 kilometers[19] - The company serves approximately 19,344,000 residential and commercial customers globally[19] - The UK business contributed HKD 28.19 billion in profit, an increase from HKD 24.6 billion in 2020, highlighting strong performance in the largest operational market[22] - The company completed a significant project in New Zealand to enhance the seismic resilience of the distribution network, involving 91 buildings[23] Sustainability and Environmental Initiatives - The company is committed to sustainable development and actively supports community decarbonization efforts in line with the goals of the 26th UN Climate Change Conference[2] - The company plans to phase out all coal-fired power generation units and actively develop renewable energy to achieve carbon neutrality by 2050[23] - The group aims to reduce carbon emissions in Hong Kong by 50% by 2035, based on 2005 levels[23] - The group is investing in a 10 MW renewable hydrogen electrolyzer to provide hydrogen-blended natural gas for over 40,000 households and businesses[24] - The group is advancing hydrogen fuel initiatives, providing a gas mixture containing 20% hydrogen to 668 homes and a school in Northeast England, supporting the government's "10 Point Plan"[22] Innovation and Technology - The group has implemented over 50 innovative projects since 2015, which have positively impacted daily operations and performance[22] - The company has installed over 120,000 smart meters as part of its smart meter replacement program[23] - The group is actively investing in innovative technologies to reduce customer electricity costs and enhance supply reliability[26] - The company is investing in new technology development, allocating $E million towards R&D initiatives aimed at enhancing service delivery[119] Risk Management and Governance - The company has established a comprehensive risk management policy to identify, assess, mitigate, and monitor major risks, including climate change, supply reliability, and health and safety issues[170] - The company has a structured approach to budget preparation, which requires approval from the CEO and the board, with quarterly revisions compared to the original budget[170] - The company has established guidelines and procedures for approving and controlling expenditures, with capital expenditures requiring individual project approvals[170] - The company has established a strong internal control system to prevent fraud and ensure compliance with applicable regulations[149] Shareholder Engagement and Communication - The company has established a shareholder communication policy to enhance effective communication channels with shareholders and investors[176] - The company held its annual general meeting in a hybrid format, allowing shareholders to participate both in-person and online[178] - The company encourages shareholders to access communications through its website to support environmental sustainability[178] - The company has a subscription service for electronic communications, allowing shareholders to receive updates via its website[178] Strategic Investments and Market Expansion - The company focuses on strategic investments in mature markets to create stable and reliable income sources for long-term sustainable growth[2] - The group is expanding its global business portfolio across four continents, minimizing economic cycle risks[27] - The company is considering strategic acquisitions to bolster its portfolio, with a budget of $100 million allocated for potential mergers[132] - The company aims to improve operational efficiency by implementing new strategies that are expected to reduce costs by G% over the next fiscal year[119]