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E.ON SE
Legal Proceedings Report • Jun 7, 2017
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Legal Proceedings Report
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Ad-hoc | 7 June 2017 10:43
E.Nuclear Fuel Tax Unconstitutional Pursuant to Ruling of the Federal Constitutional CourtON SE:
E.ON SE / Key word(s): Legal Matter
07-Jun-2017 / 10:43 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Nuclear Fuel Tax Unconstitutional Pursuant to Ruling of the Federal Constitutional Court
Essen, 07.06.2017 – The German Federal Constitutional Court ruled today that the law on implementation of a nuclear fuel tax is unconstitutional. Subject of the court’s ruling was a referral of the Fiscal Court Hamburg in proceedings against a nuclear fuel tax statement concerning the nuclear power plant Grafenrheinfeld in 2011.
Following the ruling of the Federal Constitutional Court E.ON SE expects that all pending tax payments made from 2011 to 2016 will be refunded to E.ON totaling to an amount of approximately 2.85 bn. EUR plus interest in a total amount of approximately 450 mio. EUR. The associated result will have a positive effect on consolidated net income, cashflow as well as economic net debt of E.ON SE. Given that this concerns an extraordinary non-operative subject, the performance indicators adjusted EBIT and adjusted net income will not be affected. Thus, E.ON confirms the forecast for full-year 2017.
Contact:
Alexander Karnick
Head of Investor Relations
T +49 201 184 2838
Barbara Schädler
Senior Vice President
Communications & Political Affairs
T +49 201 184 4240
07-Jun-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | E.ON SE |
| Brüsseler Platz 1 | |
| 45131 Essen | |
| Germany | |
| Phone: | +49 (0)201-184 00 |
| E-mail: | [email protected] |
| Internet: | www.eon.com |
| ISIN: | DE000ENAG999 |
| WKN: | ENAG99 |
| Indices: | DAX, EURO STOXX 50 |
| Listed: | Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange; Mailand |
| End of Announcement | DGAP News Service |