As a major energy network company, we have an important social role in Dutch society. Our social, financial and sustainability performance is of significance in the considerations of shareholders and investors. Having a sound financial position enables us to perform accordingly.
Related topics
This chapter details what we do to ensure that our financial position is sound and remains so in the future. The reported information relates to the topics that stakeholders feel to be important. Furthermore, these activities contribute to achieving an SDG.
|
Material topics |
SDGs |
Stakeholder groups |
|||
|
A) Energy security for the customer |
|
Shareholders |
|||
Objectives and results for creditworthiness
Credit rating
Result in 2023:
S&P A+/A-1/watch positive
Moody’s Aa3/P-1/stable outlook
2023 target:
To retain a solid A rating profile
S&P A+/A-1/stable outlook
Moody’s Aa3/P-1/stable outlook in 2022
FFO/net debt
21.1%
result in 2023
≥15.0%
objective for 2023
19.2% in 2022
Interest cover
12.2
result in 2023
≥3.5
objective for 2023
12.1 in 2022
Net debt/(net debt + equity)
46.9%
result in 2023
≤60.0%
objective for 2023
43.8% in 2022
Solvency ratio
46.1%
result in 2023
≥30.0%
objective for 2023
49.0% in 2022