Annual report 2012

Companies in South-Eastern Europe

Group companies in South-Eastern Europe are gradually tightening environmental standards, while facing rising energy prices. In line with the strategic guideline of sustainable operations, Telekom Slovenije Group companies implement principles of responsible environmental and energy management. With the help of environmental and energy bookkeeping and accounting, the Group monitors indicators of electricity and refined petroleum product consumption, which for the moment are only monitored in terms of costs.

When monitoring the ratio of electricity consumption to the consumption of refined petroleum products at Ipko and Primo, it should be noted that a great deal of electricity is supplied by generators due to the unreliable electrical power grid. Some base stations in Kosovo are powered with the help of photovoltaic cells and windmills. 

Varying energy prices, in particular electricity prices on the aforementioned markets, must be taken into account in comparisons. Using the ETNO’s comparison of energy costs per EUR 1,000 of revenues, we find that Ipko and One are less energy efficient than the parent company, while Aneks is more energy efficient. The reason for rising energy costs lies primarily in growth in the prices of refined petroleum products, which has the greatest impact on Ipko due to the use of generators. Growth in the scope of operations must also be taken into account for Aneks in the index of absolute values.


Costs of electricity at companies in South-Eastern Europe

in EUR

2012

2011

Index 12/11

One

1,288,020

1,092,957

118

Ipko

1,045,748

891,763

117

Aneks

69,070

55,246

125

Primo

49,448

71,791

69


Costs of fuel at companies in South-Eastern Europe

in EUR

2012

2011

Index 12/11

One

275,583

221,872

124

Ipko

687,755

675,258

102

Aneks

43,232

39,690

109

Primo

36,592

40,689

90