Five-year summary
€ million | 2017 | 2016 | 2015 | 2014 | 2013 |
Result | |||||
Revenue | 1,697 | 1,584 | 1,540 | 1,594 | 1,744 |
Total income | 1,840 | 1,723 | 1,680 | 1,729 | 1,846 |
Total operating expenses | -1,535 | -1,516 | -1,341 | -1,245 | -1,389 |
Operating profit | 305 | 207 | 339 | 484 | 457 |
Profit after tax | 203 | 282 | 235 | 323 | 288 |
Balance sheet | |||||
Net working capital | -87 | -145 | -211 | -172 | -94 |
Property, plant and equipment | 6,793 | 6,529 | 5,899 | 6,218 | 6,012 |
Total assets | 8,069 | 7,735 | 7,726 | 7,672 | 7,548 |
Equity | 3,942 | 3,864 | 3,687 | 3,579 | 3,375 |
Total interest-bearing debt | 1,784 | 1,564 | 1,668 | 1,775 | 1,895 |
Total financing | 5,726 | 5,428 | 5,355 | 5,354 | 5,270 |
Capital expenditure on non-current assets | 652 | 685 | 577 | 572 | 575 |
Cash flows | |||||
Cash flow from operating activities | 454 | 376 | 513 | 623 | 683 |
Cash flow from investing activities | -549 | -232 | -492 | -410 | -493 |
Cash flow from financing activities | 148 | -185 | -99 | -201 | -135 |
Free cash flow | -95 | 144 | 21 | 213 | 190 |
Ratios | |||||
Non-current interest-bearing debt as % of total interest-bearing debt | 87% | 95% | 72% | 91% | 85% |
ROIC | 4.6% | 3.5% | 4.9% | 6.3% | 7.6% |
FFO/Net debt | 27.4% | 26.6% | 28.1% | 34.0% | 38.7% |
Interest cover | 10.2 | 8.3 | 7.6 | 7.6 | 8.0 |
Solvency | 56.7% | 58.5% | 55.7% | 53.6% | 51.1% |
Shares (as at 31 December) | |||||
Number of shares issued (thousand) | 136,795 | 136,795 | 136,795 | 136,795 | 136,795 |
Total number of shares, including unissued shares (thousand) | 136,795 | 136,795 | 136,795 | 136,795 | 136,795 |
Other | |||||
- Electricity | |||||
Active connections as at 31 December (x 1,000) | 3,135 | 3,109 | 3,100 | 3,078 | 3,063 |
New connections (x 1,000) | 36 | 37 | 31 | 26 | 29 |
Cables laid (km) | 834 | 859 | 918 | 816 | 904 |
- Gas | |||||
Active connections as at 31 December (x 1,000) | 2,520 | 2,510 | 2,671 | 2,658 | 2,649 |
New connections (x 1,000) | 20 | 21 | 19 | 18 | 20 |
Mains laid (km) | 132 | 151 | 159 | 136 | 160 |
- Volumes transported | |||||
Electricity (GWh) | 29,960 | 29,990 | 29,882 | 29,936 | 30,314 |
Gas (million m3) | 6,228 | 6,367 | 6,012 | 6,115 | 7,790 |
- Other | |||||
Number of disconnections (consumer and business market) | 4,805 | 7,468 | 9,465 | 10,310 | 12,742 |
Facilitated supplier switches (x 1,000) | 903 | 973 | 956 | 929 | 930 |
Annual electricity outage Liander (minutes) | 20.9 | 23.3 | 21.9 | 19.9 | 24.0 |
Average number of permanent staff(fte) | 5,719 | 5,621 | 5,572 | 5,547 | 5,878 |