- Annual Report
- Overview
- Foreword from the Chairman of the Board of Directors and CEO
- 2025 strategy
- Market Switzerland
- Market Italy
- Other segments and activities
- Sustainability
- Corporate Governance
- Basic principles
- Group structure and shareholders
- Capital structure
- Board of Directors
- Executive Board of the Repower Group
- Shareholders' rights of participation
- Change of control and defensive measures
- Auditor
- Information policy
- Implementation of the ordinance against excessive compensation in listed stock companies
- Events after the balance sheet date
- Board of Directors
- Executive Board
- Compensation report
- Financial Report
- Consolidated financial statements of the Repower Group
- Comments on the consolidated financial statements
- Consolidated income statement
- Consolidated statement of comprehensive income
- Consolidated balance sheet
- Changes in consolidated shareholders equity
- Consolidated cash flow statement
- Notes
- 1 Total operating revenue
- 2 Personnel expenses
- 3 Depreciation/amortisation and impairment
- 4 Financial result
- 5 Income taxes
- 6 Result per share
- 7 Tangible assets
- 8 Intangible assets
- 9 Disclosures of interests in other entities
- 10 Other financial assets
- 11 Inventories
- 12 Receivables
- 13 Securities and other financial instruments
- 14 Positive/negative replacement values for held-for-trading positions
- 15 Cash and cash equivalents
- 16 Share capital
- 17 Non-current financial liabilities
- 18 Pension fund obligation
- 19 Other provisions
- 20 Other current liabilities
- 21 Current financial liabilities
- 22 Prepaid expenses and accrued income/deferred income and accrued expenses
- 23 Transactions with related parties
- 24 Additional disclosures on financial instruments
- Fair value hierarchy
- 25 Business combinations, disposals and liquidations
- 26 Assets and liabilities held for sale
- 27 Segment reporting
- 28 Contingent liabilities and warranty liabilities
- 29 Obligations under leasing arrangements
- 30 Events occurring after the balance sheet date
- Notes to the consolidated financial statements
- Consolidated accounting principles
- Summary of accounting and valuation principles
- Consolidation
- Accounting and valuation principles
- Capital and enterprise value management
- Risk management and financial risk management
- Estimation uncertainty
- Report of the auditors on the consolidated financial statements
- Financial statements of Repower AG
- Income statement
- Balance sheet
- Notes to the financial statements
- 1 Net sales
- 2 Depreciation/amortisation and impairment
- 3 Extraordinary, non-recurring or prior period income
- 4 Extraordinary, non-recurring or prior period expenses
- 5 Cash and cash equivalents and current assets with a stock exchange price
- 6 Trade receivables
- 7 Other receivables
- 8 Inventories and non-invoiced services
- 9 Financial assets
- 10 Intangible assets
- 11 Trade creditors
- 12 Short-term interest-bearing liabilities
- 13 Other current liabilities
- 14 Long-term interest-bearing liabilities
- 15 Other long-term liabilities
- 16 Provisions
- 17 Shareholders equity
- Share capital
- Treasury shares
- Other information
- Appropriation of retained earnings
- Report of the auditors on the financial statements
- Consolidated financial statements of the Repower Group
- Graphs
- Organisation Chart
- Archive
- Focus on the customers
Market Switzerland
“By supplying the energy for our chairlifts, snowmakers and restaurants, Repower helps give our guests the ultimate snow experience.”
Beat Zenklusen, manager of Bergbahnen Brigels Waltensburg Andiast AG, in front of “his” snow cannon.
In Switzerland, services for third parties continued to make a pleasing contribution to sales in 2015. The traditional Generation and Trading businesses continue to operate in a challenging environment. Among other things, Sales developed new electric transport offerings, and moved forward successfully with the reseller strategy.
Sales & Marketing
In its supply area in Southeast Switzerland, Repower serves around 50,000 private and commercial customers, giving them the choice between five electricity products: Aquapower, Purepower, Solarpower, Mixpower and the newly launched Smartpower (see section on Grid). In addition to selling direct to end-customers, last year Repower moved ahead with its reseller strategy in Switzerland. In this connection it was able to acquire a further partner for its production investment company Repartner Produktions AG: Elektrizitätswerk des Kantons Thurgau (EKT). In addition, Rhiienergie increased its interest in Repartner Produktions AG.
From its base in Switzerland, Sales also runs the origination business in Germany, where it provides customised power products to more than 80 municipal works and other large customers.
Last year Repower put a lot of effort into its electric transportation services. In collaboration with ABB and Repower Italy, Sales brought the second generation of the PALINA charging station to market, worked on setting up a smart charging infrastructure network in Canton Graubünden, and put together new offerings scheduled for launch all over Switzerland in early 2016. This includes subscriptions covering the installation, operation and maintenance of charging stations plus access to the network. Repower's offerings are particularly geared to customers in the tourism and catering sector, but also to commercial, municipal and private customers.
The tiko storage network set up by Swisscom and Repower in collaboration with partners attracted new distribution partners, namely Aziende Industriali di Lugano, Aziende Municipalizzate Bellinzona and Società Elettrica Sopracenerina, all of which have incorporated tiko in their product portfolios for end-consumers. tiko connects consumers' heating systems, including heat pumps, to create a pool which it then manages, among other things to provide ancillary services to grid operator Swissgrid.