Being a credit-worthy company with solid returns
As a major energy network company, we have an important social function in Dutch society. Consequently, our social, financial and sustainability performance plays a significant role in the considerations of shareholders and investors. Having a sound financial position enables us to perform accordingly.
Related topics
This chapter details what we do to ensure that our financial position is sound and remains so in the future. The information relates to the topics the stakeholders feel are important. Furthermore, these activities contribute to achieving an SDG:
Related material issue
⑧ Responsible investment policy
Contribution to SDG
Related stakeholder groups
Shareholders and Investors
Objectives and results creditworthiness
Rating
To retain a solid A rating profile
S&P AA-/A-1+/stable outlook
Moody’s Aa2/P-1/stable outlook
Moody’s Aa2/P-1/stable outlook
FFO/Net debt
>
20.0
%
29.0
%
32.2
%
in 2018
Interest cover
>
3.5
13.3
12.9
in 2018
Net debt / (net debt + equity)
<
60.0
%
36.5
%
33.8
%
in 2018
Solvency ratio
>
30.0
%
55.6
%
57.3
%
in 2018