Five-year summary

€ million

2024

2023

2022

2021

2020

Result

Revenue

3,043

2,725

2,150

2,120

2,009

Total income

3,881

2,779

2,213

2,181

2,055

Total operating expenses

-2,772

-2,347

-1,903

-1,827

-1,736

Operating profit

1,109

432

310

354

319

Profit after tax

976

267

198

242

224

Balance sheet

Net working capital

-57

9

-90

-132

-117

Property, plant and equipment

11,195

9,972

9,091

8,501

7,958

Total assets

12,956

11,646

10,692

10,209

9,422

Equity

6,038

4,749

4,570

4,470

4,328

Total interest-bearing debt

3,873

4,038

3,426

3,111

2,487

Total financing

9,911

8,787

7,996

7,581

6,815

Capital expenditure on non-current assets

1,773

1,411

1,228

1,014

890

Cash flows

Cash flow from operating activities

829

724

572

664

634

Cash flow from investing activities

-679

-1,179

-1,175

-639

-775

Cash flow from financing activities

102

494

184

301

286

Free cash flow

150

-455

-603

25

-141

Ratios

Net debt/(net debt + equity)

43.3%

46.9%

43.8%

36.7%

38.7%

FFO/Net debt

17.9%

21.1%

19.2%

25.8%

24.1%

Interest cover

11.2

12.2

12.1

17.2

14.2

Solvency

48.1%

46.1%

49.0%

53.8%

53.1%

Shares (as at 31 December)

Number of shares issued (thousand)

136,795

136,795

136,795

136,795

136,795

Dividend to be paid

149

120

82

101

94

Other

- Electricity

Active connections as at 31 December (x 1,000)

3,414

3,379

3,343

3,276

3,236

New connections (x 1,000)

45

45

45

43

39

- Gas

Active connections as at 31 December (x 1,000)

2,521

2,535

2,549

2,539

2,542

New connections (x 1,000)

2

2

4

4

9

- Volumes transported

Electricity (GWh)

46,542

39,838

25,651

27,262

28,946

Gas (million m3)

5,064

4,343

4,672

6,056

5,632

Percentage grid losses¹

4.23%

4.45%

4.53%

4.21%

4.40%

- Other

Number of disconnections (consumer and business market)

3,004

5,895

5,791

3,210

3,756

Facilitated supplier switches (x 1,000)

872

745

526

918

1,128

Annual electricity outage Liander (minutes)

24.6

23.2

21.3

20.9

23.2

Average number of permanent staff (fte)

7,137

6,504

6,102

5,936

5,786