Financial statements of Repower AG, Brusio

Income statement

CHF thousand	Note	2020	2019

Net sales	1	599,330	654,674
Change in inventories for work in progress		122	553
Own costs capitalised		9,233	6,413
Other operating income	2	73,796	21,618
Total operating revenue		682,481	683,258

Energy procurement		–498,272	–518,137
Materials and third party services		–19,114	–28,494
Concession fees		–13,487	–17,969
Personnel expenses		–51,864	–53,359
Other operating expenses	2	–20,214	–21,631
Depreciation/amortisation and impairment	3	–20,245	–25,588
Operating expenses		–623,196	–665,178

Operating earnings before interest, extraordinary items and taxes		59,285	18,080

Financial income		42,581	60,324
Financial expenses		–42,847	–61,840
Operating earnings before taxes		59,019	16,564

Non-operating income		505	578
Extraordinary, non-recurring or prior period income	4	2,422	3,685
Extraordinary, non-recurring or prior period expenses	5	-	–1,274
Earnings before taxes		61,946	19,553

Taxes		–4,119	–4,598
Net earnings for the year		57,827	14,955