6 Energy procurement

CHF thousand

2020

2019

 

 

 

Energy procurement

–1,406,168

–1,617,586

The decline in energy procurement versus the prior year is connected in particular with a reduction in sales volumes in Italy during the pandemic (see Note 1).

In the “Market Switzerland” segment, energy procurement includes recognition of provisions for long-term agreements of CHF 20,779 thousand net (prior year: provisions of CHF 5,900 thousand reversed). In the “Market Italy” segment provisions of CHF 3,122 thousand were made for long-term energy procurement agreements (versus CHF 0 thousand the prior year) (see Note 27).

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