Five-year summary

€ million

2022

2021

2020

2019

2018

Result

     

Revenue

2,150

2,120

2,009

1,930

1,920

Total income

2,213

2,181

2,055

1,970

2,068

Total operating expenses

-1,903

-1,827

-1,736

-1,591

-1,572

Operating profit

310

354

319

379

496

Profit after tax

198

242

224

253

334

      

Balance sheet

     

Net working capital

-90

-132

-117

-91

-117

Property, plant and equipment

9,091

8,501

7,958

7,476

7,072

Total assets

10,692

10,209

9,422

8,791

8,345

Equity

4,570

4,470

4,328

4,224

4,129

Total interest-bearing debt

3,426

3,111

2,487

2,062

1,796

Total financing

7,996

7,581

6,815

6,286

5,925

Capital expenditure on non-current assets

1,228

1,014

890

837

732

      

Cash flows

     

Cash flow from operating activities

572

664

634

638

638

Cash flow from investing activities

-1,175

-639

-775

-713

-496

Cash flow from financing activities

184

301

286

88

-103

Free cash flow

-603

25

-141

-75

143

      

Ratios

     

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

88%

85%

100%

86%

82%

FFO/Net debt

18.6%

25.8%

24.1%

29.0%

32.2%

Interest cover

11.7

17.2

14.2

13.3

12.9

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

48.9%

53.8%

53.1%

55.6%

57.3%

      

Shares (as at 31 December)

     

Number of shares issued (thousand)

136,795

136,795

136,795

136,795

136,795

Dividend to be paid

101

114

94

114

150

      

Other

     

- Electricity

     

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

3,343

3,276

3,236

3,207

3,169

New connections (x 1,000)

46

43

39

42

40

Cables laid (km)

2,840

2,027

1,563

1,115

899

- Gas

     

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

2,549

2,539

2,542

2,543

2,533

New connections (x 1,000)

4

4

9

16

20

Mains laid (km)

92

60

22

66

141

- Volumes transported

     

Electricity (GWh)

25,651

27,262

28,946

28,548

29,858

Gas (million m3)

4,672

6,056

5,632

5,860

6,090

Percentage grid losses1

6.43%

4.21%

4.40%

4.52%

4.37%

- Other

     

Number of disconnections (consumer and business market)

5,791

3,210

3,756

4,038

3,958

Facilitated supplier switches (x 1,000)

526

918

1,128

851

968

Annual electricity outage Liander (minutes)

21.3

20.9

23.2

21.9

30.6

Average number of permanent staff (fte)

6,102

5,936

5,786

5,686

5,712

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