Key Financial Figures

Results of operations (before non-operating effects)


CHF million	2023	2022	% change
Net revenue	8,396	14,861	– 44
Earnings before interest, tax, depreciation and amortisation (EBITDA)	1,184	473	> 100
As % of net revenue	14.1	3.2
Earnings before interest and tax (EBIT)	1,072	353	> 100
As % of net revenue	12.8	2.4
Net income	820	172	> 100
As % of net revenue	9.8	1.2

Results under IFRS


CHF million	2023	2022	% change
Net revenue	8,959	14,631	– 39
Earnings before interest, tax, depreciation and amortisation (EBITDA)	1,806	346	> 100
Earnings before interest and tax (EBIT)	1,694	249	> 100
Net income	1,336	111	> 100

CHF million	31 Dec 2023	31 Dec 2022 (restated) 1	% change
Total assets	10,475	15,077	– 31
Total equity	4,811	3,529	36
As % of total assets	45.9	23.4
Net debt (cash)	– 347	107	> – 100
Net debt (cash) / adjusted EBITDA	– 0.3	0.2

1 See note 1.4 of the notes to the consolidated financial statements

	2023	2022	% change
Own production (GWh) 1	16,840	17,450	– 3
Number of employees at the reporting date 2	1,221	1,180	3
Of which in Switzerland	672	647	4
Of which in surrounding European countries	549	533	3

1 Net share attributable to Alpiq from total power plant production (after deducting pumped energy)

2 Full-time equivalents