ClaimsØrsted

“Funds from operation (FFO) to adjusted net debt is expected to be around 25% in 2014 on the assumption that the equity injection is completed.”

DONG Energy (Ørsted), company announcement February 2014 Announcement of financial results for 2013 - Improved earnings and strengthened capital base (Ørsted (DONG Energy)) archived copy

Prediction Their own work or organisation

DONG Energy expects FFO to adjusted net debt of around 25% in 2014, assuming the equity injection is completed.

Unresolvable The public record could not settle it.

Prediction: Statements about events outside the person's control, checked once they fell due: did they come true?

What would count as true or false

Compare DONG Energy's reported 2014 FFO/adjusted net debt ratio with the predicted figure of around 25%. The prediction assumes the equity injection was completed; if it was not completed in 2014, the prediction cannot be resolved. True: the reported ratio is 23-27%. Mostly true: it is 21-23% or 27-29%. Mostly false: it is 18-21% or 29-33%. False: it is below 18% or above 33%. Mixed is not used.

Set before the research began.

Evidence (2)

  1. E1 INTERIM FINANCIAL REPORT 9M 2014 DONG Energy (Ørsted) · 31 October 2014 Own record

    “FFO/Adjusted net debt for 2014 expected to exceed 28% (previous expectation around 25%)”

  2. E2 [PDF] CONSOLIDATED FINANCIAL STATEMENTS DONG Energy (Ørsted) · 20 October 2025 Own record

    “The capital injection was implemented on 20 February 2014.”

Reasoning

E2 shows the equity injection, the prediction's stated condition, was completed on 20 February 2014. The only evidence on the ratio itself is the company's October 2014 interim outlook (E1), which raised its 2014 FFO/adjusted net debt expectation to above 28% and reported a 9M ratio of 32%. That points away from the predicted ~25%, but neither item gives the reported full-year 2014 figure the criteria require, and above 28% could fall in the mostly-true, mostly-false or false band, so the claim cannot be resolved.

Cite this claim

Ørsted, “DONG Energy expects FFO to adjusted net debt of around 25% in 2014, assuming the equity injection is completed.” (said February 2014). Verdict: unresolvable. Reliability API, claim c_075908d8761b, method 0.1.0+7831dd9d, dataset release v1.1.2. https://epistacklabs.com/claims/c_075908d8761b

This claim is in dataset release v1.1.2, with the same verdict.

Reply to this claim

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  5. Mostly true Prediction 2017
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All of them

Verdicts are made automatically; how verdicts are made.