Annual Report 2023

Note 15 Provisions for employee benefits

Prompted by the deterioration of the funding ratio in 2008, ABP introduced a recovery plan in 2009. At the start of each year ABP evaluates the progress of the recovery on the basis of the actual funding ratio at the end of the preceding year.

Annual Report 2023

Note 16 Other provisions

The other provisions as at year-end 2023 amounted to €11 million (2022: €13 million) and relate, among other things, to potential liabilities resulting from the sale of a subsidiary in the past.

Annual Report 2023

Note 17 Deferred tax

The deferred tax item is made up as follows:

Annual Report 2023

Note 18 Trade and other payables

‘Other payables’ includes €32 million owed to a company in which Alliander has a non-controlling interest (2022: €19 million).

Annual Report 2023

Note 19 Leases

The receivables in respect of finance leases as at year-end 2023 were as follows:

Annual Report 2023

Note 2 Segment information

Alliander distinguishes the following reporting segments in 2023:

Annual Report 2023

Note 20 Contingent assets and liabilities

Please refer to note 19 for details of rights and obligations arising from leases.

Annual Report 2023

Note 21 Revenue

Net revenue in 2023 was €2,725 million, up by €575 million compared with 2022, mainly due to the increase of €539 million in the regulated revenue from electricity.

Annual Report 2023

Note 22 Other income

‘Other income’ in the 2023 financial year amounted to €54 million (2022: €63 million). The other income in 2023 includes one-off revenue of €5 million resulting from the sale of our Spaklerweg site.

Annual Report 2023

Note 23 Purchase costs and costs of subcontracted work

Compared with 2022, the purchasing costs and subcontracted work rose by €265 million to €1,027 million. The costs of transmission capacity rose by €162 million as a result of the higher tariffs charged to us by TenneT.

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Note 15 Provisions for employee benefits

Note 16 Other provisions

Note 17 Deferred tax

Note 18 Trade and other payables

Note 19 Leases

Note 2 Segment information

Note 20 Contingent assets and liabilities

Note 21 Revenue

Note 22 Other income

Note 23 Purchase costs and costs of subcontracted work