40 Events occurring after the balance sheet date

In January 2021, Repower AG paid out reversion waiver compensation amounting to CHF 24 million (Canton Graubünden and the municipalities of Brusio and Poschiavo) for the continued operation of the Campocologno I and II (lower stage) power plants. This investment has been recognised under intangible assets and will be amortised on a straight-line basis to 2089 under depreciation and value adjustments in the income statement.

The financial statements were approved for publication by the board of directors on 1 April 2021. They are subject to the approval of the annual general meeting, which will take place on 19 May 2021.