We now expect the ratio of funds from operations (FFO) to debt to increase to about 35%-40% in 2024, from 26% in 2023 and that FFO to debt will also remain above 35% in 2025 and 2026. These have strengthened Vattenfall?s financial ratios in 2024, after a temporary weakening in 2023. The divestments do not have a material effect on Vattenfall's capital expenditure (capex) in 2024, when we expect capex to reach about SEK30 billion. The divested projects will lead to lower capex in the coming years, by about SEK25 billion-SEK30 billion. Furthermore, we expect the company?s price realization to be higher in 2024; during the first nine months of 2024, achieved power prices stood at €42/MWh compared with €35/MWh
