Annual Report 2004
Summary
2004 was a new record year for Vattenfall. Financial performance improved in all Vattenfall segments.
Electricity generation in the Nordic countries went exceptionally well with record levels in generationand availability in our nuclear power plants and greatly increased hydro power generation.
In Germany, the consolidation and integration programme followed by Vattenfall the past three years proved most successful.
All targets established at Group level were achieved. Major investment programmes are underway in both electricity generation and electricity distribution and extensive efforts are being made to improve customer service.
The consolidation programme is near completion and Vattenfall can now resume its strategy to create value through profitable growth with the vision of becoming a leading European power company.
The report section by section
Annual Report 2004-Administration (PDF 84 kb)
Annual Report 2004-CEO (PDF 149 kb)
Annual Report 2004-Consolidated (PDF 1700 kb)
Annual Report 2004-EmployeesAndCompetence (PDF 522 kb)
Annual Report 2004-Governance (PDF 558 kb)
Annual Report 2004-Markets (PDF 757 kb)
Annual Report 2004-ProfitDistribution (PDF 480 kb)
Annual Report 2004-RiskManagement (PDF 154 kb)
Annual Report 2004-Strategies (PDF 80 kb)
Press release
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