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] of 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. At €1,940 million, operating income in 2021 was up by €98 million compared with 2020. This increase resulted from higher regulated tariffs and the higher number of connections. The operating expenses for Liander were up by €82 million, chiefly owing to higher tariffs charged by TenneT for transmission capacity procurement, higher procurement costs for compensating network losses and higher depreciation as a result of the higher level of investment. As a result, the operating profit of €339 million was €16 million higher than in 2020.

Other

The ‘Other’ segment covers the entirety of the other operating segments within the Alliander group, such as the activities of Kenter, Qirion, Stam, Alliander AG, Firan, TReNT, the service units, corporate staff departments and the new activities. At €229 million, external operating income in 2021 was up by €9 million compared with 2020. Operating profit for 2021 amounted to €11 million (2020: €15 million profit). This drop is mainly accounted for by lower profits at Qirion and Staven and elsewhere.