Consolidated Income Statement

Consolidated Income Statement
CHF million Note 2008 2009
Net revenue 27 12,897 14,822
Share of profit of associates 11 96 77
Own work capitalised 1, 8 68 79
Other operating income   226 156
Total revenue and other income   13,287 15,134
Energy and inventory costs 2 – 10,724 – 12,071
Materials and services used   – 71 – 125
Employee costs 3 – 864 – 970
Other operating expenses   – 347 – 423
Profit before interest, tax, depreciation and amortisation (EBITDA)   1,281 1,545
Depreciation and amortisation 4 – 280 – 481
Profit before interest and tax (EBIT)   1,001 1,064
Net finance costs 5 – 85 – 164
Profit before income tax   916 900
Income tax expense 6 – 183 – 224
Group profit for the year   733 676
Attributable to minority interests   – 10 – 10
Attributable to equity holders of Alpiq Holding   723 666
Earnings per share in CHF 7 34 25
       
2008: fi gures of the former Atel Group excluding EOS and Emosson.