GDF SUEZ's revenues decreased slightly in 2013 (-0.8%). Negative impacts from scope and foreign exchange were partly compensated by increased gas and electricity sales in France due to cold weather conditions during the first two quarters, and by higher LNG sales as a result of cargos diversions early 2013 as well as growth in international activities. Global gas sales increased by 10%, from 1,208 TWh in 2012 to 1,334 TWh in 2013, especially on the non-regulated segment (+15% to 701 TWh) and on the power generation segment (+45% to 243 TWh). France accounted for 25% of the group's sales (27% in 2012), while Europe accounted for 43% (44% in 2012), North America for 7% (11% in 2012), Middle East for 11% (4% in 2012) and Asia for 8% (3% in 2012). Electricity sales to final customers in Europe increased by 8% to 96 TWh in 2013, of which 23.5 TWh were sold in France (19.2 TWh in 2012) and 42.8 TWh in Belgium (47.3 TWh in 2012). Gas sales eroded to 460.9 TWh in 2013, from 499 TWh in 2012 (-8%), of which 275 TWh were sold in France (281 TWh in 2012) and 57 TWh in Belgium (59 TWh in 2012).
GDF SUEZ recognized impairments on assets for €9.1bn, mainly attributed to thermal power plants and gas storage capacities in Europe (c.a. €8bn), and on goodwill for €8bn (€5.7bn of which related to Europe).
At the end of 2013, the Group had 15 GW of projects under construction or under advanced development, of which close to 90% in fast growing markets. In natural gas, the Group targets a production of 59-63 mboe by 2016 vs 52 mboe in 2013 and seeks to develop its LNG supply portfolio from 16 Mt/year to 20 Mt/year by 2020.