Segment reporting

General

Alliander distinguishes the following segments:

• Network operator Liander

• Other

The figures for each reporting segment, excluding incidental items and fair value movements, are shown in the following table. These figures are a direct reflection of the regular internal reporting. Detailed information on segment reporting can be found in note 2 to the financial statements.

Primary segmentation

Network operator Liander

The Liander network operator segment consists of the legal entity Liander N.V., which, as designated network operator within network company Alliander, has a statutory duty to manage the electricity and gas networks and related assets in the provinces of Gelderland and Flevoland, as well as in parts of Friesland, Noord-Holland and Zuid-Holland. Liander connects customers to the energy infrastructure through which it distributes electricity and gas to those customers.

Liander’s operating income for 2024 was up €404 million on 2023, coming in at €2,927 million. This growth is mainly due to higher regulated electricity tariffs. On the other hand, operating expenses increased by €510 million. This increase is largely due to higher costs of transmission capacity (€379 million), an increase in employee benefit expenses due to expansion of the workforce, a collective labour agreement increase of 7% and higher costs for external capacity (€88 million), higher costs due to digitalisation and investments in future-proof information systems (€65 million), higher miscellaneous external operating costs (€40 million), higher depreciation costs (€33 million) due to increased investments and higher miscellaneous procurement costs (€22 million).

The fall in energy prices had a positive effect on grid losses, which decreased by €87 million as a result. Despite that, operating profit came in at €329 million, which is €106 million lower than in 2023.

Other

The Other segment covers the entirety of the other operating segments within Alliander group, such as the activities of Qirion, Alliander AG and Firan. At €170 million, external operating income in 2024 was down by €85 million compared with 2023. Operating profit for 2024 amounted to €7 million negative (2023: outflow of €8 million).