As a major energy network company, we have an important social role in Dutch society. Our social, financial and sustainability performance is of significance 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 reported information relates to the topics that stakeholders feel to be important. Furthermore, these activities contribute to achieving an SDG.
Material topics | SDGs | Stakeholder groups | |||
G) Access to affordable energy | Shareholders | ||||
Objectives and results for creditworthiness
Credit rating
Result in 2022:
S&P A+/A-1/stable outlook
Moody’s Aa3/P-1/stable outlook
S&P A+/A-1/stable outlook
Moody’s Aa3/P-1/stable outlook
2022 target:
To retain a solid A rating profile
To retain a solid A rating profile
S&P A+/A-1/stable outlook
Moody’s Aa3/P-1/stable outlook in 2021
FFO/net debt
19.2%
2022 result
≥ 15.0%
2022 objective
25.8% in 2021
Interest cover
12.1
2022 result
≥ 3.5
2022 objective
17.2 in 2021
Net debt/(net debt + equity)
43.8%
2022 result
≤ 60.0%
2022 objective
36.7% in 2021
Solvency ratio
49.0%
2022 result
≥ 30.0%
2022 objective
53.8% in 2021