Five-year summary

	Unit	2021	2020	2019	2018	2017
Income statement
Revenue	€ mln	1,265	1,216	1,220	1,270	1,154
Total operating income	€ mln	1,279	1,229	1,234	1,286	1,194
Total operating expenses	€ mln	1,155	1,100	1,062	1,074	996
EBITDA^*	€ mln	484	463	489	509	471
Operating profit	€ mln	124	129	172	212	198
Profit after income tax	€ mln	21	42	325	118	423

Balance sheet
Property, plant and equipment	€ mln	7,635	7,057	6,753	6,406	6,140
Total assets	€ mln	8,182	7,572	7,289	6,991	6,551
Equity	€ mln	3,270	2,891	2,949	2,699	2,582
Total interest-bearing debt	€ mln	3,281	3,183	3,004	3,044	2,753
Investments in non-current assets	€ mln	687	620	646	607	494

Cash flows
Cash flow from operating activities	€ mln	376	408	374	461	278
Cash flow from investing activities	€ mln	-567	-512	-236	-587	-1,317
Cash flow from financing activities	€ mln	241	115	-235	222	692

Credit rating
Long-term rating (S&P)	rating	A-	A-	A-	A-	A-
Solvency^**	%	45.6	43.0	44.9	43.3	43.3
FFO/Net debt^***	ratio	11.3	12.0	12.3	12.2	12.2

Shares at 31 December
Number of ordinary shares outstanding (x 1,000)	number	4,971	4,971	4,971	4,971	4,971
Number of preference shares outstanding (x 1,000)	number	416	-	-	-	-

* Earnings before interest, taxes, depreciation and amortization
* Equity plus profit or loss for the period less expected dividend distributions for the current financial year divided by the balance sheet total, adjusted for the expected dividend distribution, connection contributions received and free cash and cash equivalents.
* This ratio is calculated in accordance with the Standard & Poor's (S&P) method. Funds From Operations (FFO) divided by net debt. FFO consists of EBITDA adjusted for lease expense, adjusted interest expense and tax expense. The net debt position is the sum of current and non-current interest-bearing debt, adjusted for off-balance liabilities, the hybrid loan and minus cash and cash equivalents. The ratio was calculated as at 31 December 2021. S&P applies a multi-year weighting to determine this ratio when assessing the credit rating.

	Unit	2021	2020	2019	2018	2017
Operational ratios
High-use electricity connections	number	19,911	19,379	18,912	22,692	21,786
Low-use electricity connections	number	2,322,087	2,303,313	2,283,563	2,263,009	2,256,608
Quantity of electricity transported	GWh	20,529	20,171	21,100	21,330	21,893
Length of electricity cables	km	57,616	56,854	56,140	55,604	55,191
Length of electricity cables laid	km	874	852	1,034	806	611
High-use gas connections	number	9,112	9,556	9,633	10,761	10,852
Low-use gas connections	number	2,104,230	2,111,265	2,111,038	2,104,174	2,108,397
Quantity of gas distributed	million m³	4,907	4,365	4,651	4,852	4,865
Length of gas pipelines	km	28,160	28,206	28,216	28,190	28,137
Length of gas pipelines laid	km	251	197	221	250	210
Medium-voltage failures resulting in disruption	number	465	523	519	433	390
Facilitated supplier switches (x 1,000)	number	685	883	824	713	584
Safety
Lost Time Injury Rate (LTIR)	ratio	0.54	0.40	2.19	3.00	4.88
Recordable Incident Frequency (RIF)	ratio	0.76	0.70	1.00	1.00	1.29
Outages and interruptions in electricity supply
Average duration of interruption MV/LV (CAIDI)	minutes	87	112	82	76	88
Interruption frequency MV/LV (SAIFI)	number	0.216	0.231	0.245	0.223	0.188
Annual average downtime MV/LV (SAIDI)	minutes	19	26	20	17	16
Annual average downtime HV/MV/LV (SAIDI)	minutes	20	27	21	18	17
Outages and interruptions in gas supply
Average duration of interruption (CAIDI)	minutes	88	75	270	122	78
Interruption frequency (SAIFI)	number	0.006	0.006	0.005	0.0094	0.0086
Annual average downtime (SAIDI)	seconds	29	26	87	69	40

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