Regional Characteristics of Hungarian District Heating Companies Based on their 2009- 2017 Financial Reports, with Special Regard to the Rate of Accounts Receivable and to the Energy Efficiency of Household Consumers

Abstract

This study examines specificities in the asset structure of district heating companies in Hungary, with special regard to the accounts receivable. The author wants to find out whether geographical position and the socio-economic conditions of the household consumers have a significant effect on the companies' rate of accounts receivable. In addition, the paper examines how energy efficiency can be described in the case of household consumers of heat suppliers. Its methodology is the analysis of financial reports. Using the data derived from the reports of heat supply companies in Hungary, 72 companies in all, and the technical and economic information, data from 9 years (2009)(2010)(2011)(2012)(2013)(2014)(2015)(2016)(2017) were examined. District-level LHDI was also calculated to describe the characteristics of household consumers.

Challenges of the sustainability of Hungarian district heat suppliers : Specificities of the replacement of assets in the district heat sector

“…The asset structure of privately owned district heating companies differs significantly from the financial reports of companies owned directly or indirectly by local municipalities. The fixed asset ratio is 13-20 percentage point lower for these companies, depending on the year [17].…”