For the financial year ended March 31, Wales and West Utilities made a consolidated loss of ￡63.1m. Cheung Kong, Cheung Kong Infrastructure, and Power Assetswill each hold 30 per cent in the joint venture company, with Mr Li’s private charitable foundation holding the remaining 10 per cent stake.
在截至3月31日的财年里，WWU公司录得6310万英镑的综合亏损。长江实业、长江基建(Cheung Kong Infrastructure)以及电能实业(Power Assets)将分别持有合资公司30%股份，李嘉诚基金会将持有其余10%股份。
Mr Li is well known for his preference for shopping for assets in a downturn. Last year, the billionaire’s Cheung Kong Infrastructure acquired Northumbrian Water Groupin the UK for ￡2.41bn. Last week, CKI reported an 18 per cent rise in interim net profit mainly because of its UK portfolio, including Northumbrian.
李嘉诚素以在低迷期间买入资产闻名。去年，这位亿万富翁旗下的长江基建斥资24.1亿英镑收购英国Northumbrian Water Group。上周，长江基建报告中期净利润增长18%，主要得益于其英国资产组合(包括Northumbrian)。
In 2010, CKI paid ￡5.8bn for EDF’s UK power grids as part of a consortium. The company’s netprofit for the six months to June reached HK$4.7bn (US$606m) and its UK portfolio was responsible for about half of its pre-tax profit.
2010年，由长江基建牵头的一个财团斥资58亿英镑，购得法国电力公司(EDF)的英国电网资产。该公司在截至6月份的六个月期间实现净利润47亿港元(合6.06亿美元)，英国资产组合贡献了大约一半的税前利润。
CKI said last week it was well positioned to make further acquisitions as it had HK$8bn in cash and a 7 per cent net debt-to-equity ratio. CKI’s gearing is comfortably lower than the 14.3 per cent it stood at in 2011, according to Bloomberg data. By the same measure, Centrica, the UK energy group, was at 65 per cent last year and the National Gridat 220 per cent.
长江基建上周表示，该公司在进行进一步收购方面处于有利地位，因其拥有80亿港元现金和7%的净债务/股本比率。彭博(Bloomberg)数据显示，长江基建目前的杠杆率远低于2011年时的14.3%，地位相当有利。按同一衡量标准，英国能源集团Centrica去年的杠杆率为65%，英国国家电网(National Grid)的杠杆率更高达220%。
