According to local press, CEZ wants EUR 0.8bn (CZK 22bn) for lost future profit from a mining company Mostecka Uhelna relating to the fact that CEZ won’t be able to build a new plant and relates to the dispute over coal supply. In addition, CEZ reiterated that it would prefer an agreement on coal supply. Our view: We still expect that CEZ and Mostecka Uhelna will come to an agreement, eventually. Currently we see the news as neutral as the dispute might last around four years.