Five-year summary

€ million

2020

2019

2018

2017

2016

Result

     

Revenue

2,009

1,930

1,920

1,697

1,584

Total income

2,055

1,970

2,068

1,840

1,723

Total operating expenses

-1,736

-1,591

-1,572

-1,535

-1,516

Operating profit

319

379

496

305

207

Profit after tax

224

253

334

203

282

      

Balance sheet

     

Net working capital

-117

-91

-117

-87

-145

Property, plant and equipment

7,958

7,476

7,072

6,793

6,529

Total assets

9,422

8,791

8,345

8,069

7,735

Equity

4,328

4,224

4,129

3,942

3,864

Total interest-bearing debt

2,487

2,062

1,796

1,784

1,564

Total financing

6,815

6,286

5,925

5,726

5,428

Capital expenditure on non-current assets

950

837

732

652

685

      

Cash flows

     

Cash flow from operating activities

634

638

638

454

376

Cash flow from investing activities

-775

-713

-496

-549

-232

Cash flow from financing activities

286

88

-103

148

-185

Free cash flow

-141

-75

143

-95

144

      

Ratios

     

Non-current interest-bearing debt as % of total interest-bearing debt

100%

86%

82%

87%

95%

FFO/Net debt

24.1%

29.0%

32.2%

27.4%

26.6%

Interest cover

14.2

13.3

12.9

10.2

8.3

Equity as % of total assets less deferred income (solvency)

53.1%

55.6%

57.3%

56.7%

58.5%

      

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

114

150

92

104

      

Other

     

- Electricity

     

Active connections as at 31 December (x 1,000)

3,236

3,207

3,169

3,135

3,109

New connections (x 1,000)

39

42

40

36

37

Cables laid (km)

1,563

1,115

899

834

859

- Gas

     

Active connections as at 31 December (x 1,000)

2,542

2,543

2,533

2,520

2,510

New connections (x 1,000)

9

16

20

20

21

Mains laid (km)

22

66

141

132

151

- Volumes transported

     

Electricity (GWh)

28,946

28,548

29,858

29,960

29,990

Gas (million m3)

5,632

5,860

6,090

6,228

6,367

Percentage grid losses1

4.40%

4.52%

4.37%

4.66%

4.82%

- Other

     

Number of disconnections (consumer and business market)

3,756

4,038

3,958

4,805

7,468

Facilitated supplier switches (x 1,000)

1,128

851

968

903

973

Annual electricity outage Liander (minutes)

23.2

21.9

30.6

20.9

23.3

Average number of permanent staff (fte)

5,786

5,686

5,712

5,719

5,621

  • 1 An estimate has been made for the last two years.