2005 Post 200
AES Corp.
4300 Wilson Blvd.
Arlington, Va. 22203
www.aes.com
Industry: Energy
Post 200 Category: Top 125 Companies
Revenue: $9.49 Billion
Net Income/Loss: $386.00 Million
Earnings per share: $0.60
Dividend: n/a
Stockholder equity: $1.65 Billion
Auditor: Deloitte & Touche LLP
Stock: AES
Assets: $29.73 Billion
Market capitalization: $11.28 Billion
52-week high: 18.13 3/7/2005
52-week low: 7.56 4/27/2004
Chairman: Richard Darman
President and CEO: Paul Hanrahan
Employees: 30000
Local employees: 252
Description: AES generates and distributes electric power in 27 countries. One of the largest power providers in the world, the company operates 120 power-generating facilities. AES also runs 17 distribution companies that deliver electricity to some 11 million residential, commercial and industrial users.
Developments: The company continued to improve financially last year after nearing bankruptcy in 2002. Profit rose to $386 million for the fiscal year ended Dec. 31, up from a loss of $403 million in 2003. AES also said it had record annual revenue last year. The company said its performance improved after bringing new plants online and increasing rates for power generation. The company also entered the wind business. AES said it bought a large wind-power company, SeaWest Holdings Inc., to meet increasing demand for renewable energy. AES also acquired a minority interest in a company that builds wind power facilities. The company reduced its total debt by nearly $1.06 billion in 2004.
Executive Compensation
President and CEO: Paul Hanrahan
Total Cash: $2,340,000.00
Total Compensation: $4,644,516.00