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ÉMÁSZ

Full nameNorth Hungarian Electricity Supply plc.
Short nameÉMÁSZ
SectorElectric Utilities
Contact3525 Miskolc, Dózsa György út. 13.
Phone: +36-46-535-000
Fax: +36-46-347-265
Web: www.emasz.hu
Investor relationsMilosovics Gábor
E-mail:
Phone: +36-1-238-2027
Fax: +36-1-238-2949
AuditorPriceWaterhouseCoopers
Business activity
Its predecessor company belonged to Magyar Villamos Művek (Hungarian Electric Works - MVM) until 1991, when it was transformed into a company limited by shares named ÉMÁSZ Rt. After its privatisation, RWE Plus AG and Energie Baden Württemberg AG acquired ownership stakes in the company. The company supplies electrical energy to the northeastern region of Hungary. In almost all areas, ÉMÁSZ operates in close cooperation with ELMÜ, a partner undertaking under the same ownership, including RWE. The two companies have jointly established Magyar Áramszolgáltató Kft. (Hungarian Power Supply Company). This company aims to gain customers in the liberalised electrical power market, as well as to maintain and increase the market share of the ELMÜ/ÉMÁSZ Group.
Listed securities of the issuer
NameTickerISIN
ÉMÁSZ share EMASZ HU0000074539

ÉMÁSZ share

Basic information
TickerEMASZ
ISINHU0000074539
Date of listing15 Dec 1998
Face value10,000 HUF
Number of securities listed3,050,421
Market capitalisation (HUF million)27,469
Trading data
Currency of tradeHUF
Last price9,500
Relative change in price5.49%
Absolute change in price495
Number of shares in last trade20
Bid-ask price /
Bid-ask volume /
Last closing price (date / price)23 May 2013 / 9,005
Opening price9,450
Average price9,391.4567
Daily maximum9,700
Daily minimum9,140
Annual highest14,000
Annual lowest8,355
Total daily turnover (number)127
Total daily turnover in HUF1,192,715
Number of trades17
PeriodTotal daily turnover in HUFAverage price
5-day1,075,1909,756.7151
30-day1,242,46310,503.1651
180-day1,016,25610,772.2446
Liquidity measure30-day average
Bid-ask spread2.22 %
BLM (EUR 20,000)22.53 %
BLM (EUR 100,000)51.99 %
Main corporate events
Date of AGM25 Apr 2013
Last dividend announced (D)
Amount1,400
Payment day (E day)13 May 2013
Ex-coupon day (E-7 day)02 May 2013
Derivative instruments:

ÉMÁSZ

Key annual data
Audited, consolidated, in compliance with IFRS (Business Year: January 1 - December 31)
20102011
(thousand HUF)(thousand HUF)
Total revenues97,707,08392,677,818
Operating profit (EBIT)8,883,9406,350,608
Net income from financial activities-930,954-1,011,809
Profit before tax16,445,05011,544,548
Profit after tax14,762,2958,569,402
Dividend per (ordinary) share1,400.00 HUF1,400.00 HUF
Fixed assets80,818,17686,120,190
Total liabilities36,629,11237,002,772
Share capital30,504,21030,504,210
Shareholders' equity62,142,86466,441,677
Total assets98,771,976103,444,449
Number of employees (at business year end)118107

Selected financial ratios
Ratios are based on data submitted by the company
20102011
Equity ratio0.580.55
Return on assets (ROA)0.230.12
Return on equity (ROE)0.140.08
Mid-year reports
Non-audited, consolidated, in compliance with IFRS (Business Year: January 1 - December 31)
Key P&L FiguresJan 2011 - Sep 2011Jan 2012 - Sep 2012
(thousand HUF)(million HUF)
Net sales69,049,86865,768
Operating profit (EBIT)8,199,3348,963
Net income from financial activities-740,998-744
Profit before tax11,549,7086,560
Profit after tax9,909,0138,609
Key Balance Sheet Items30 Sep 201130 Sep 2012
(thousand HUF)(million HUF)
Fixed assets81,793,64486,677
Intangible assets3,450,5153,426
Tangible assets64,280,69969,853
Invested financial assets14,034,22510,972
Current assets17,122,41016,587
Inventory835,438777
Total assets98,916,054103,264
Shareholders' equity67,781,28870,780
Share capital30,504,21030,504
Long-term liabilities8,642,08810,186
Short-term liabilities22,492,67822,298
Total liabilities and shareholders' equity98,916,054103,264

ÉMÁSZ share

Shareholders exceeding 5% stake
NameShareholding (%)Number of shares
RWE Energy Beteiligungsgesellschaft mbH54.261,655,299
EnBW Energie Baden-Württemberg AG26.83818,364
Hungarian Power Companies Ltd.11.66355,712
Free Float
7.25%
Last update: 27 Feb 2013

Note: When determining the Free Float for a particular series, all the securities of the company shall be regarded to be publicly held other than (i) the stock of securities held by holders with direct holdings of at least 5% of the total number of securities, (ii) securities in the possession of custodians, provided the certificate available to the custodian verifies that the particular person holds at least 5% of the total number of securities outstanding.

Management
Management Board dr. Marie-Theres THIELL (chairman), dr. KÖVESDI Zoltán Endre, dr. Arndt BRANDENBERG, Hans-Günter HOGG
Supervisory Board Emmerich ENDRESZ (chairman), Martin HERRMANN, Hermann LÜSCHEN, TAKÁCS János, GEMBICZKI Tibor, VASANITS Dezső, Martin KONERMANN
Last update: 31 Mar 2012

ÉMÁSZ

Note: Publications of this issuer are available in Hungarian only.

Publication
News
17 May 2013 17:54ÉMÁSZ 2013 I. NEGYEDÉV IDŐKÖZI VEZETŐSÉGI BESZÁMOLÓ
30 Apr 2013 11:00Szavazati jogok száma az ÉMÁSZ Nyrt.-nél 2013.04.30.
29 Apr 2013 13:59ÉMÁSZ Nyrt. - Éves Jelentés
25 Apr 2013 15:56ÉMÁSZ Nyrt. - FT jelentés
25 Apr 2013 15:54ÉMÁSZ Nyrt. Összefoglaló Jelentés 2012 -2013 év
Publication
Articles of Association
08 Jun 2011 11:44ÉMÁSZ Nyrt. - Alapszabály

ÉMÁSZ share

Name of securityÉMÁSZ share
IssuerNorth Hungarian Electricity Supply plc.
Equity classOrdinary share
Type of securityRegistered
Form of securityDematerialised
Code of security (ISIN)HU0000074539
Ticker symbolEMASZ
Face value10,000 HUF
Number of securities listed3,050,421
Rights to dividendsFull year
Listing date15 Dec 1998
First trading day15 Dec 1998
Exchange categoryB
Trading unit
Currency of tradingHUF
Tick5
Trading time
Listing price7,624
Derivative instruments: