Press releases pg. 63

Board of Directors of power company ČEZ today decided about proposal of dividend from profit of 2017 to be presented to General Meeting of Shareholders – 22.6.2018.

Preparations for connecting the Production Unit 4 back to distribution grid are under way at NPP Dukovany. The unit has been temporarily shut down seven days ago due to pipe inspections in the secondary circuit of the steam generator. The same controls will be also carried out on Units 3 and 1. The fourth unit will begin producing electricity during the weekend.

The traditional conference in Loučeň about the future and the possibilities of alternative fuels for transport has brought a large number of news and interesting insights from domestic specialists in the area of electromobility. Even this year, the ČEZ Group was the main partner of the 5th year of this conference on clean mobility. Every year, this platform provides a forum for various viewpoints and joint discussion of manufacturers, representatives of state and local administration, infrastructure operators and users.

In 2017, CEZ Group’s net income increased by 30% to CZK 19.0 billion, primarily due to a successful sale of MOL stock and an increase in electricity generation by nuclear power plants by 4 TWh. Earnings before interest, taxes, depreciation and amortization (EBITDA) were CZK 53.9 billion. The year-on-year decrease by 7% basically conforms to the decrease of realization prices of generated electricity. The positive effects of higher electricity generation in nuclear power plants and the benefits of new RES and ESCO acquisitions were eliminated by higher costs of emission allowances for generation from traditional sources and settlement of uninvoiced electricity in 2016.