Annual Report 2024

Note 56 Finance expense

The total finance expense was €7 million higher than in 2023.

Annual Report 2024

Note 57 Tax

The effective tax rate was 24.8%. The difference with respect to the nominal rate (25.8%) is explained by permanent differences between the results for tax purposes and the commercial results reported by the entire group to the holding company.

Annual Report 2024

Note 58 Share in profit/loss from investments in affiliated companies

Coming in at €900 million after tax, the share in the profits of affiliated companies was up by €636 million compared to 2023.

Annual Report 2024

Note 6 Investments in bonds

There were no investments in bonds in 2024 and 2023.

Annual Report 2024

Note 7 Other financial assets (including current portion)

The carrying amount of the other financial assets item as at year-end 2024 includes a receivable from the Municipality of Amsterdam relating to the Spaklerweg site (€7 million), a loan issued by Alliander AG to 450connect (€15 million) and a

Annual Report 2024

Note 8 Derivatives

Derivatives are measured at fair value.

Annual Report 2024

Note 9 Inventories

The impairment on inventories in 2024 was nil. In 2023 an impairment of €0.3 million was reversed.

Annual Report 2024

Notes to the consolidated financial statements

Alliander N.V. is a public limited liability company, with registered offices in Arnhem (Utrechtseweg 68, 6812 AH Arnhem) in the Netherlands.

Annual Report 2024

Objectives and results

A further explanation along with the definitions of the objectives and results can be found in the Terms, abbreviations and definitions chapter.

Search

Note 56 Finance expense

Note 57 Tax

Note 58 Share in profit/loss from investments in affiliated companies

Note 6 Investments in bonds

Note 7 Other financial assets (including current portion)

Note 8 Derivatives

Note 9 Inventories

Notes to the consolidated financial statements

Objectives and results

Opinion of the Alliander stakeholder panel