FINANCIAL HIGHLIGHTS
|
CHF million |
2023 |
2022 |
2021 |
2020 |
2019 |
|
|
|
Restated |
|
|
|
|
|
|
|
|
|
|
|
Revenue and income |
|
|
|
|
|
|
Total operating revenue |
3,363 |
4,745 |
3,255 |
1,723 |
1,937 |
|
Earnings before interest, taxes, depreciation and amortisation (EBITDA) |
441 |
133 |
137 |
129 |
117 |
|
Depreciation/amortisation and impairment |
–70 |
–51 |
–55 |
–52 |
–52 |
|
Earnings before interest and taxes (EBIT) |
371 |
82 |
82 |
77 |
65 |
|
Group earnings |
300 |
53 |
47 |
41 |
50 |
|
|
|
|
|
|
|
|
Balance sheet |
|
|
|
|
|
|
Balance sheet total at 31 December |
2,642 |
3,035 |
3,982 |
1,982 |
1,876 |
|
Equity at 31 December |
1,141 |
888 |
883 |
869 |
844 |
|
Equity ratio |
43% |
29% |
22% |
44% |
45% |
|
|
|
|
|
|
|
|
Other KPIs |
|
|
|
|
|
|
Energy gross margin |
631 |
285 |
274 |
273 |
264 |
|
Cash flow from operating activities |
381 |
–134 |
119 |
159 |
126 |
|
Net debt / net liquidity *) |
–103 |
152 |
–97 |
–89 |
–31 |
|
Net debt factor |
–0.2 |
1.1 |
–0.7 |
–0.7 |
–0.3 |
|
Investment in tangible and intangible assets |
102 |
89 |
104 |
52 |
41 |
|
Number of employees |
658 |
629 |
607 |
580 |
555 |
* Net liquidity is shown with a negative sign and, like net debt, is calculated on the basis of cash and cash equivalents, current finanical assets, fixed-term deposits, and current and non-current financial liabilities, including accrued interest.
Financial highlights
CHF million
ENERGY BALANCE SHEET
|
|
2023 |
2022 |
Change |
|
|
|
|
|
|
Electricity business in GWh |
|
|
|
|
Trading |
12,737 |
16,352 |
–22% |
|
Supply/sales |
4,358 |
4,739 |
–8% |
|
Pumps, own use, losses |
299 |
322 |
–7% |
|
Electricity sales |
17,394 |
21,413 |
–19% |
|
|
|
|
|
|
Trading |
15,088 |
19,275 |
–22% |
|
Own generation |
1,238 |
1,322 |
–6% |
|
Energy from participations |
1,068 |
816 |
31% |
|
Electricity procurement |
17,394 |
21,413 |
–19% |
|
|
|
|
|
|
Gas business in 1,000 m3 |
|
|
|
|
Sales to end customers |
353,555 |
306,635 |
15% |
|
Trading (sales) |
3,423,886 |
1,833,649 |
87% |
|
Gas sales |
3,777,441 |
2,140,284 |
76% |
|
Consumption of Teverola gas-fired power plant (Italy) |
131,564 |
172,512 |
–24% |
POWER GENERATION STATISTICS
|
|
2023 |
2022 |
Change in % |
|
|
|
|
|
|
Energy procurement in GWh |
|
|
|
|
|
|
|
|
|
Own production hydroelectric power Switzerland |
321 |
202 |
59% |
|
Own production hydroelectric power Italy |
3.8 |
2.9 |
31% |
|
Own production heat power Italy |
638 |
858 |
–26% |
|
Own production wind power Germany |
74 |
67 |
10% |
|
Own production wind power Italy |
153 |
141 |
9% |
|
Own production photovoltaic power Switzerland |
0.9 |
1.2 |
–25% |
|
Own production photovoltaic power Italy |
47 |
50 |
–6% |
|
Total own production |
1,238 |
1,322 |
–6% |
|
|
|
|
|
|
Hydroelectric participations |
758 |
540 |
40% |
|
Nuclear participations |
310 |
276 |
12% |
|
Total participations and procurement rights |
1,068 |
816 |
31% |
|
|
|
|
|
|
Total |
2,306 |
2,138 |
8% |
GRID STATISTICS
|
|
2023 |
2022 |
2021 |
2020 |
|
|
|
|
|
|
|
End customers |
47,867 |
47,853 |
47,686 |
47,873 |
|
Metering points |
62,496 |
62,257 |
62,345 |
63,140 |
|
Grid sales (GWh) |
725 |
737 |
762 |
742 |
|
Total overhead line (km) |
479 |
495 |
509 |
519 |
|
Total cable line (km) |
2,586 |
2,556 |
2,476 |
2,460 |
|
Total grid length (km) |
3,065 |
3,051 |
2,985 |
2,979 |
|
Supplied light points of public lighting |
10,115 |
8,928 |
8,793 |
8,750 |
|
Number of photovoltaic plants installed |
2,224 |
1,644 |
1,288 |
1,060 |
|
Installed power of photovoltaic plants (MW) |
50.2 |
40.4 |
32.1 |
27 |
|
Availability of the Repower grid (%) |
99.994 |
99.997 |
99.997 |
99.997 |
|
Investments in grid infrastructure (CHF million) |
24.6 |
25.0 |
25.4 |
27 |
STOCK STATISTICS
|
Share capital |
7,390,968 |
registered shares |
@ CHF |
1.00 |
CHF 7.4 million |
|
|
|
|
|
|
|
|
|
|
|
|
2023 |
2022 |
|
Prices (CHF) on OTC-X, Berner Kantonalbank |
|
|
|
|
|
|
Registered share |
|
|
High |
187 |
165 |
|
|
|
|
Low |
151 |
122 |
|
Dividends (CHF) |
2023 1) |
2022 |
2021 |
2020 |
|
|
|
|
|
|
|
Registered share |
5.00 |
5.00 |
4.50 |
3.00 |
|
Special dividend (CHF) |
2023 1) |
2022 |
2021 |
2020 |
|
|
|
|
|
|
|
Registered share |
3.00 |
- |
- |
- |
1) The 2023 dividend is subject to the decision of the annual general meeting. There are no restrictions or limitations on voting rights.
Share PRICE
SHAREHOLDER STRUCTURE
Shareholder structure as of 31 December 2023 (percentages are rounded)
in percent
EMPLOYEES
|
at 31 December |
2023 |
2022 |
|
|
|
|
|
Total |
658 |
629 |
|
Switzerland |
459 |
442 |
|
Italy |
199 |
187 |
|
|
|
|
|
Trainees |
29 |
35 |
|
Sales consultants Italy |
496 |
466 |