Content: 

• Financial Highlights 2004
• Letter from the President
• Board of Directors and Senior Management
• Important Events of 2004
• Group Activities
  • Operation of the electricity system
  • Transmission grid management
  • Telecommunications business
  • International business
• Our People
• Business Excellence
• Quality management
• Technological innovation
• Commitment to the environment
• Economic-Financial Management
• Our Shareholders
• Legal Documentation