ClaimsØrsted

“Net investments were DKK 5.9 billion compared with DKK 13.4 billion in 2012.”

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

Factual Their own work or organisation

DONG Energy's net investments were DKK 5.9 billion in 2013, compared with DKK 13.4 billion in 2012.

Resolved true The record shows it happened or was so.

Factual: Statements about the present or the past, checked against the record: did they hold up?

What would count as true or false

True if DONG Energy's reported net investments were DKK 5.9 billion for 2013 and DKK 13.4 billion for 2012 (rounding to one decimal acceptable). Mostly true if one figure is off by a small amount (≤0.2bn) while the other matches and the comparison direction holds. Mixed if one figure matches and the other is materially off. Mostly false if both figures are off but the sharp decline is still shown. False if the reported figures are substantially different or show no comparable decline.

Set before the research began.

Evidence (2)

  1. E1 [PDF] FINANCIAL REPORT DONG Energy (Ørsted) · 5 February 2014 Own record

    “Net investments of DKK 5.9bn (down 56% y/y)”

  2. E2 [PDF] FINANCIAL REPORT DONG Energy (Ørsted) · 5 February 2014 Own record

    “Net investments-5,902-13,350”

Reasoning

The criteria ask about DONG Energy's reported net investments, and the company's full-year 2013 results table lists DKK 5,902 million for 2013 and DKK 13,350 million for 2012 (E2). These round to 5.9bn and 13.4bn. The same presentation states net investments of DKK 5.9bn, down 56% year on year, which is consistent with those figures (E1). Both sources are the subject's own publication, but the claim concerns what was reported, and the published table is that record.

Cite this claim

Ørsted, “DONG Energy's net investments were DKK 5.9 billion in 2013, compared with DKK 13.4 billion in 2012.” (said February 2014). Verdict: resolved true. Reliability API, claim c_66d8bfc76a40, method 0.1.0+7831dd9d, dataset release v1.1.2. https://epistacklabs.com/claims/c_66d8bfc76a40

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

Reply to this claim

For Ørsted, or someone speaking for them: a correction or counter-evidence. Replies are read before anything is shown; an approved reply shows your name, role, date, statement and link. Your email address is never shown and is deleted 30 days after the decision (privacy).

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