Five-year summary
€ million | 2019 | 2018 | 2017 | 2016 | 2015 |
Result | |||||
Revenue | 1,930 | 1,920 | 1,697 | 1,584 | 1,540 |
Total income | 1,970 | 2,068 | 1,840 | 1,723 | 1,680 |
Total operating expenses | -1,591 | -1,572 | -1,535 | -1,516 | -1,341 |
Operating profit | 379 | 496 | 305 | 207 | 339 |
Profit after tax | 253 | 334 | 203 | 282 | 235 |
Balance sheet | |||||
Net working capital | -91 | -117 | -87 | -145 | -211 |
Property, plant and equipment | 7,476 | 7,072 | 6,793 | 6,529 | 5,899 |
Total assets | 8,791 | 8,345 | 8,069 | 7,735 | 7,726 |
Equity | 4,224 | 4,129 | 3,942 | 3,864 | 3,687 |
Total interest-bearing debt | 2,062 | 1,796 | 1,784 | 1,564 | 1,668 |
Total financing | 6,286 | 5,925 | 5,726 | 5,428 | 5,355 |
Capital expenditure on non-current assets | 837 | 732 | 652 | 685 | 577 |
Cash flows | |||||
Cash flow from operating activities | 638 | 638 | 454 | 376 | 513 |
Cash flow from investing activities | -713 | -496 | -549 | -232 | -492 |
Cash flow from financing activities | 88 | -103 | 148 | -185 | -99 |
Free cash flow | -75 | 143 | -95 | 144 | 21 |
Ratios | |||||
Non-current interest-bearing debt as % of total interest-bearing debt | 86% | 82% | 87% | 95% | 72% |
FFO/Net debt | 29.0% | 32.2% | 27.4% | 26.6% | 28.1% |
Interest cover | 13.3 | 12.9 | 10.2 | 8.3 | 7.6 |
Equity as % of total assets less deferred income (solvency) | 55.6% | 57.3% | 56.7% | 58.5% | 55.7% |
Shares (as at 31 December) | |||||
Number of shares issued (thousand) | 136,795 | 136,795 | 136,795 | 136,795 | 136,795 |
Dividend to be paid | 114 | 150 | 92 | 104 | 85 |
Other | |||||
- Electricity | |||||
Active connections as at 31 December (x 1,000) | 3,207 | 3,169 | 3,135 | 3,109 | 3,100 |
New connections (x 1,000) | 42 | 40 | 36 | 37 | 31 |
Cables laid (km) | 1,115 | 899 | 834 | 859 | 918 |
- Gas | |||||
Active connections as at 31 December (x 1,000) | 2,543 | 2,533 | 2,520 | 2,510 | 2,671 |
New connections (x 1,000) | 16 | 20 | 20 | 21 | 19 |
Mains laid (km) | 66 | 141 | 132 | 151 | 159 |
- Volumes transported | |||||
Electricity (GWh) | 28,548 | 29,858 | 29,960 | 29,990 | 29,882 |
Gas (million m3) | 5,860 | 6,090 | 6,228 | 6,367 | 6,012 |
- Other | |||||
Number of disconnections (consumer and business market) | 4,038 | 3,958 | 4,805 | 7,468 | 9,465 |
Facilitated supplier switches (x 1,000) | 851 | 968 | 903 | 973 | 956 |
Annual electricity outage Liander (minutes) | 21.9 | 30.6 | 20.9 | 23.3 | 21.9 |
Average number of permanent staff (fte) | 5,686 | 5,712 | 5,719 | 5,621 | 5,572 |