Electricity supplies are getting back to normal after last week’s windstorms. According to CEZ’s spokesman electricity outages caused damages on distribution network for up to CZK 100m. Output of NPP Temelin’s 1st block was decreased to react on technical issues in distribution network but returned to normal operations after couple hours.
The extent of demages is the largest in past years on CEZ equipment which shows also the estimated amount of demages of CZK 100m, which is approx. CZK 0.17 per share. The estimated damages would decrease our 2007F net income by 0.3%. The situation has been stabilized already and almost all of CEZ customers are once again supplied with electricity. We see the news as negative.