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


To retain a solid A rating profile
S&P AA-/A-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
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