Five-year summary
€ million | 2015 | 2014 | 2013 | 2012 | 2011 |
Result | |||||
Revenue | 1.586 | 1.594 | 1.744 | 1.674 | 1.586 |
Total income | 1.680 | 1.729 | -1.389 | 1.772 | 1.695 |
Total operating expenses | -1.341 | -1.245 | -1.389 | -1.378 | -1.297 |
Operating profit | 339 | 484 | 390 | 394 | 398 |
Profit after tax | 235 | 323 | -94 | 224 | 251 |
Balance sheet | |||||
Net working capital | -211 | -172 | -94 | -96 | -112 |
Property, plant and equipment | 5.899 | 6.218 | 6.012 | 5.821 | 5.575 |
Total assets | 7.726 | 7.672 | 3.375 | 7.414 | 7.318 |
Equity | 3.687 | 3.579 | 1.895 | 3.203 | 3.079 |
Total interest-bearing debt | 1.668 | 1.775 | 1.895 | 1.896 | 1.931 |
Total financing | 5.355 | 5.354 | 5.270 | 5.099 | 5.010 |
Capital expenditure on non-current assets | 575 | 572 | 576 | 583 | 479 |
Cash flows | |||||
Cash flow from operating activities | 513 | 623 | 683 | 545 | 557¹ |
Cash flow from investing activities | -492 | -410 | -493 | -498 | -398 |
Cash flow from financing activities | -99 | -201 | -135 | -53 | -5541 |
Free cash flow | 21 | 213 | 190 | 47 | 1591 |
Ratios | |||||
Non-current interest-bearing debt as % of total interest-bearing debt | 72% | 91% | 85% | 100% | 74% |
ROIC | 4,9% | 6,3% | 7,6% | 6,9% | 7,2% |
FFO/Net debt | 28,1% | 34,0% | 38,7% | 30,9% | 34,1% |
Interest cover | 7,6 | 7,6 | 5,1 | 6,0 | 5,8 |
Equity as % of total assets less deferred income (solvency) | 55,7% | 53,6% | 51,1% | 49,5% | 47,5% |
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) | 3.100 | 3.078 | 3.063 | 3.087 | 3.057 |
New connections (x 1,000) | 31 | 26 | 29 | 31 | 36 |
Cables laid (km) | 918 | 816 | 904 | 1.160 | 1.167 |
- Gas | |||||
Active connections as at 31 December (x 1,000) | 2.671 | 2.658 | 2.649 | 2.644 | 2.630 |
New connections (x 1,000) | 19 | 18 | 20 | 22 | 23 |
Mains laid (km) | 159 | 136 | 160 | 196 | 206 |
- Volumes transported | |||||
Electricity (GWh) | 29.882 | 29.936 | 30.314 | 30.522 | 30.576 |
Gas ( million m3) | 6.012 | 6.115 | 7.790 | 7.461 | 7.039 |
- Other | |||||
Number of disconnections (consumer and business market) | 9.465 | 10.310 | 12.742 | 12.364 | 12.134 |
Facilitated supplier switches (x 1,000) | 956 | 929 | 930 | 781 | 744 |
Annual electricity outage Liander (minutes) | 21,9 | 19,9 | 24,0 | 24,5 | 20,0 |
Average number of permanent staff (fte) | 5.411 | 5.908 | 5.878 | 5.675 | 5.430 |
1) The figures for 2011 have been restated in connection with a change in presentation to include the premium paid in connection with the early redemption of bonds in the cash flow from financing activities. |