Annual Report 2016

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Alliander as employer

Alliander has the ambition to be a top employer. A ‘great place to work’. At a top employer, the employees trust the people they work for, are proud of what they do and enjoy working with colleagues, customers, suppliers and partners.

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Annual Report 2016

Composition of the organisation

Alliander has a diverse workforce. In terms of competences – we employ many engineers and ICT staff, but also experts in change management and finance – as well as in terms of age, gender and cultural background.

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Annual Report 2016

Shareholders and Investors

As a major energy network company, we have an important function in Dutch society.

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Annual Report 2016

How finance and sustainability go hand in hand

Thanks to our financial position, we are able to continue to invest in our networks and grow the business. This in turn enables us to pursue our strategy and to play a facilitating role in the energy transition.

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Annual Report 2016

Alliander's tax matters

Alliander is very careful to discharge all its tax liabilities and its obligations with respect to subsidies, having due regard to and in view of the role it plays in society.

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Annual Report 2016

Financial results in 2016

There are various parts to our financial model of income and expenditure, as charted below.

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Annual Report 2016

Sale of Endinet and purchase of the networks in Friesland and the Noordoostpolder

The transaction under which the Enexis networks in Friesland and the Noordoostpolder were purchased from Enexis and at the same time the networks in the Eindhoven and Zuidoost-Brabant region (Endinet Groep B.

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Annual Report 2016

Purchase of shares of 450connect GmbH

On 31 May 2016, Alliander AG purchased the entire share capital of Inquam Deutschland GmbH (name changed to 450connect GmbH). 450connect GmbH is active in leasing bandwidth to third parties, including provision of related services.

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Annual Report 2016

Income statement for 2016

The profit after tax for 2016 was €282 million (2015: €235 million). The increase is mainly a result of the book profit of €176 million on the sale of the network company Endinet to Enexis.

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Annual Report 2016

Incidental items

Alliander's results can be affected by incidental items and fair value movements.

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