Content:

• Key Figures
• Letter from the President
• The board of Directors and Senior Management
• Most Important Events During the Year
• Business Activities
  • Electricity system operation
  • Transmission grid management
  • International business
• Business Management
  • Our people commitment
  • Management excellence and corporate responsibility
  •  Environmental responsibility and sustainability
  •  Technological development and innovation
  •   Creating value and profits
•   Market Evolution
•   Our Commitment to the Future
•   Consolidated Annual Accounts 2006