OREANDA-NEWS. May 26, 2010. The audited financial report of Eesti Energia is available on the company website, reported the press-centre of Eesti Energia.

According to the financial report audited by PricewaterhouseCoopers, total revenues of Eesti Energia Group in the 2009/10 financial year ended on 31 March amounted to 701 million EUR, operating profit to 131 million EUR and net profit to 144 million EUR (net profit of 115 million EUR excluding Elering). The group's investments amounted to 199 million EUR in the financial year ended.

The growth in net profit was derived from the successful energy trading, increased exports of shale oil and increased efficiency. The key investment areas were the distribution networks, adding new generation capacity and new oil plant.

Eesti Energia Group’s consolidated financial results include the financial results of subsidiaries engaged in generation, distribution and sale of heat and power and providing other services. The consolidated financial results do not include the transmission network Elering, which has been treated as discontinued operations. Eesti Energia’s financial year began on 1 April 2009 and ended on 31 March 2010.

For more detailed information and key events in Eesti Energia for the financial year ended 31 March 2010, please see the group's annual report at www.energia.ee/annualreport.