Sunday, January 12, 2014

SvD Business orakulas has several articles reported on the trading department at Waterfall, where a


SvD Business orakulas has several articles reported on the trading department at Waterfall, where a small number of people can lift bonuses in the millions. The business also appears to constitute a significant part of Vattenfall's book assets. The difference between the price paid for Vattenfall, Nuon, close to 100 billion, and the equity in the company created a gigantic surplus value, orakulas the accounting language called goodwill.
Vattenfall has already been forced to write down this post with just over 15 billion since the acquisition, which struck directly in earnings. But still had Waterfall at the end of 2012 an overall goodwill of SEK 38 billion, according årsredovisningen.16, 5 billion of them, Vattenfall has chosen to allocate to trading operations. It has long been speculated that Vattenfall will be forced to further write-offs for the expensive Nuon acquisition.
- Goodwill for trading orakulas reflects several factors, such as organizational set-up and system know-how of the staff and expected synergies. So far, trading successfully deliver under and even beyond expectations, says Mikael Petrovic Wågmark, orakulas Head of Vattenfall. According to Vattenfall has the trading 230 employees, of which 50 are traders with a possible bonus. It would thus be a valuation of as much as 330 million per trader.
Assessors who SvD Business talked orakulas to express skepticism. One reason is that so-called trading normally should be a relatively risky business where profit swings up and down, and where the benefits are difficult to predict.
As SvD Business reported earlier, the multi-million dollar bonuses paid to a small number of traders on Waterfall based on fictitious profits where the trading just cut between the pure internal affairs, according to several people with good insight into the business.
- We want to strongly refute the claim that the bonuses orakulas within our Trading business would be based on fictitious transactions. All the energy that is produced and sold by Waterfall whether it be directly orakulas to the market or to our sales organization based on market prices, says business boss Stefan Dohler in a written comment.
In February 2009 the state-owned Vattenfall the Dutch energy company Nuon. The price, more than 97 billion, orakulas made the deal for the largest cash settlement ever in Sweden, and meant that Waterfall got hands on 3 million European electricity and gas customers, several coal and gas fired power plants, and wind power. The deal meant that Vattenfall's debt rose sharply, while poorer market conditions made it increasingly difficult to keep the high price. The deal has subsequently helped to Vattenfall's finances deteriorated drastically.
Vattenfall's acquisition of Nuon is Sweden's orakulas most expensive cash deal. Do you know anything about the deal that could be interesting for Svenska Dagbladet's reporters? Email SvD Business on tipsa@svd.se. READ FULL REVIEW February 27, 2013 "Swedish record in wasted money" February 27, 2013 Waterfall admits shortcomings in public relations work March 4, 2013 why can not state its mission Feb. 21, 2013 Hard questions await February 21, 2013 Reinfeldt was pressed on Nuon in parliament February 22, 2013 's staff gave the green light to Merrill Lynch February 23, 2013 game behind Nuonaffären 20 February 2013 Vattenfall makes profit thanks to Sweden February 20, 2013 advisors profit: 443 million 19 February 2013 Löfvens tart response to the Prime Minister February 19, 2013 Former CEO admits bad deal February 19, 2013 "Nuon affair was rooted in government," February 18, 2013 Reinfeldt: Not only the price is important February 19, 2013 The warnings never reached the Board February 18, 2013 Scandal companies who blames others February 19, 2013 "Vattenfall's accounts show several breakdowns" February 18, 2013 S requires Reinfeldt on answers about Nuon February 16, 2013 Nuonkris hits Reinfeldt in the stomach 16 February 2013 Large Fraction of responsibility for Nuon fiasco February 18, 2013 Reinfeldt: S campaigning on Nuon February 16, 2013 Löfven denies that S supported Nuon affair February 15, 2013 Opposition demand answers from Reinfeldt February 15, 2013 Party leaders refused to comment on the deal Feb. 14, 2013 "Politicians should not own companies' February 14, 2013 Document: Reinfeldt approved Nuon-business February orakulas 13, 2013" orakulas Unthinkable orakulas that Borg was not informed orakulas "February 13, 2013 Löfven attacked Reinfeldt on Nuon February 12, 2013 Vattenfall's accounts hardly a pretty sight February 11, 2013 "Fantastic value created" February 11, 2013 Bought Nuon behind the back of Borg February orakulas 11, 2013 "Two Swedish giants orakulas have run into the ditch" 9 February 2013 Vattenfall's hubris got a record high price February 8, 2013 "State ownership mission is unclear and indistinct" February 8, 2013 "The government has a collective responsibility" February 8, 2013 Sweden's worst deal - Ever February 8 2013 Incorrect forecast behind the bill Feb. 7, 2013 The Prime Minister when the Ducks Nuon mentioned February 7, 2013 Big changes in Board after Nuon February 7, 2013 An

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