This section provides a summary of how the company manages its economic risks to deliver on its integrated energy company strategy. Detailed financial information is available in the AGL Annual Report.

During 2007/08 we have worked to:

• Continue to implement AGL’s integrated business strategy;

• Reduce operating costs while improving service quality and appropriately manage our business risks;

• Maintain Australia’s largest private portfolio of renewable generation assets to deliver sustainable benefits in a carbon constrained environment and to meet an expanded Renewable Energy Target; and

• Apply a disciplined approach to growth strategies that add to AGL’s integrated strategy and provide sustainable cash flows. 

To remain competitive we need high calibre individuals and a high performance culture where people are accountable, empowered, recognised and rewarded. Further details are provided in the Customers section of this report.