Key Financial Figures


	Results of operations before exceptional items			Results under IFRS
CHF million	Half-year 2021/1	Half-year 2020/1 (adjusted) 1	% change	Half-year 2021/1	Half-year 2020/1	% change
Net revenue	2,660	1,802	48	2,654	1,825	45
Earnings before interest, tax, depreciation and amortisation (EBITDA)	80	119	– 33	185	– 5	> 100
Depreciation, amortisation and impairment				– 66	– 65	2
Earnings before interest and tax (EBIT)				119	– 70	> 100
As % of net revenue				4.5	– 3.8
Earnings after tax from continuing operations				54	– 84	> 100
As % of net revenue				2.0	– 4.6
Earnings after tax from discontinued operations				0	0
Net income				54	– 84	> 100
As % of net revenue				2.0	– 4.6

1 Results of operations before exceptional items without Flexitricity Ltd. and e-mobility business. The comparative figures from 2020 have been adjusted; for explanations, see note 2 of the notes to the interim consolidated financial statements.

CHF million	30 Jun 2021	31 Dec 2020	% change
Total assets	9,180	7,368	25
Total equity	3,865	3,772	2
As % of total assets	42.1	51.2
Net debt 1	145	249	– 42
Net debt / EBITDA before exceptional items 2	0.7	1.0

1 See note 6 of the notes to the interim consolidated financial statements

2 Rolling EBITDA before exceptional items of the last 12 months

	2021	2020	% change
Own production in the first half-year (GWh) 1	6,415	6,869	– 7
Number of employees at the reporting date (30 June / 31 Dec) 2	1,252	1,258	0
Of which in Switzerland	692	704	– 2
Of which in surrounding European countries	560	554	1

1 Net share attributable to Alpiq from total power plant production (after deducting pumped energy), excluding long-term purchase contracts

2 Full-time equivalents

Interim Review

Interim Financial Report