Financial statements of Repower AG, Brusio

Income statement

CHF thousand	Note	2022	2021

Net sales	1	1,933,455	921,671
Change in inventories for work in progress		–532	649
Own costs capitalised	2	11,048	9,784
Other operating income	3	31,123	52,808
Total operating revenue		1,975,094	984,912

Energy procurement	4	–1,784,653	–821,926
Materials and third party services		–22,630	–25,499
Concession fees	5	–11,518	–12,912
Personnel expenses		–56,621	–54,447
Other operating expenses	6	–21,760	–20,166
Depreciation/amortisation and impairment	7	–17,434	–19,853
Operating expenses		–1,914,616	–954,803

Operating earnings before interest, extraordinary items and taxes		60,478	30,109

Financial income	8	12,855	10,718
Financial expenses	8	–17,799	–16,492
Operating earnings before taxes		55,534	24,335

Non-operating income		521	466
Earnings before taxes		56,055	24,801

Taxes		–11,316	–4,374
Net earnings for the year		44,739	20,427