H1 2018 Highlights

11 Consistent Financial Performance EBITDA (€m) Capital Expenditure (Єm) H2 H2 636 658 H1 H1 686 603 510 468 541 564 499 665 690 638 673 620 450 405 356 303 2014 2015 2016 2017 H1 2018 2014 2015 2016 2017 H1 2018 Net Debt (€m) Gearing (%) 1 53% 4,975 4,639 4,524 4,377 4,554 2014 55% 51% 52% 53% 2015 2016 2017 H1 2018 2014 2015 2016 2017 H1 2018 1 Gearing =Net Debt/ (Debt + Equity) on IFRS basis ES3 Energy for generations esb.ie/ir

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