Alpiq Group Financial Summary 2005 – 2009

Income statement

Income statement
CHF million 2005 2006 2007 2008 2009
1 Average number of full-time equivalents.
Net revenue 8,580 11,334 13,452 12,897 14,822
Other operating income 220 261 247 390 312
Total revenue and other income 8,800 11,595 13,699 13,287 15,134
Operating expenses before depreciation and amortisation – 8,070 – 10,554 – 12,446 – 12,006 – 13,589
Profit before interest, tax, depreciation and amortisation (EBITDA) 730 1,041 1,253 1,281 1,545
Depreciation and amortisation – 196 – 202 – 248 – 280 – 481
Reversal of impairment of assets – 257 – – –
Profit before interest and tax (EBIT) 534 1,096 1,005 1,001 1,064
Net finance costs – 39 – 6 – 7 – 85 – 164
Income tax expense – 94 – 217 – 220 – 183 – 224
Group profit for the year 401 873 778 733 676
Year-on-year change (%) 22.3 117.7 – 10.9 – 5.8 – 7.8
As % of net revenue 4.7 7.7 5.8 5.7 4.6
Attributable to minority interests – 173 – 369 – 315 – 10 – 10
Attributable to equity holders of Alpiq Holding 228 504 463 723 666
Employees 1 8,377 8,467 9,034 9,944 10,629
           

2005 – 2008: figures of the former Atel Group excluding EOS and Emosson.

Statement of financial position

Statement of financial position
CHF million 2005 2006 2007 2008 2009
Total assets 7,404 9,009 9,381 10,566 20,099
Assets          
Non-current assets 4,134 4,840 5,356 5,884 14,302
Current assets 3,270 4,169 4,025 4,682 5,797
Equity and liabilities          
Total equity 2,247 2,930 3,621 3,830 7,930
As % of total assets 30.3 32.5 38.6 36.2 39.5
Liabilities 5,157 6,079 5,760 6,736 12,169
           

Per share data 1

Per share data 1
CHF 2005 2006 2007 2008 2009
1 All figures stated to reflect the share split in November 2007.
Par value 20 20 20 10 10
Share price at 31 December 240 380 605 535 430
High 298 386 605 765 567
Low 191 235 371 376 328
Weighted average number of shares outstanding (in thousands) 12,650 12,006 12,326 21,261 26,749
Net profit 18 42 38 34 25
Dividend 3.20 4.80   10.00 8.70
Reduction in par value     10.00