Consolidated Income Statement

CHF million

Note

2023

2022

Net revenue

2.2

8,959

14,631

Own work capitalised

 

5

7

Other operating income

2.3

19

31

Total revenue and other income

8,983

14,669

Energy and inventory costs

2.4

– 6,793

– 13,973

Employee costs

2.5

– 228

– 240

Other operating expenses

 

– 156

– 110

Earnings before interest, tax, depreciation and amortisation (EBITDA)

 

1,806

346

Depreciation, amortisation and impairment 1

4.1/ 4.2

– 112

– 97

Earnings before interest and tax (EBIT)

 

1,694

249

Share of results of partner power plants and other associates

4.3

– 23

– 59

Finance costs

2.6

– 144

– 81

Finance income

2.6

47

7

Earnings before tax

 

1,574

116

Income tax expense

2.7

– 238

– 5

Net income

 

1,336

111

Attributable to non-controlling interests

3

2

Attributable to equity investors of Alpiq Holding Ltd.

1,333

109

Earnings per share in CHF, basic and diluted

2.8

39.32

2.41

1 In 2022, including reversals of impairment losses