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Annual report 2015 Financial statements Notes to the consolidated financial accounts

Annual report 2015

  • About this report
  • Strategy & policy
    • Our story in 2015
    • About Alliander
      • Company profile
      • Our role in the energy sector
    • Our mission
    • Trends and market developments
    • Strategy
      • Strategy
      • How we create value for stakeholders
      • Risks
      • Notes to risks
  • Our results in 2015
    • Objectives & results
    • Customers
      • Objectives and results
      • Working on reliable, affordable and accessible energy
      • Pillar 1: Alliander supports customers in making choices
      • Pillar 2: Alliander invests in alternative open infrastructures
      • Pillar 3: Alliander digitises
      • Pillar 4: Excellent network management is the basis
      • Going forward: what you can expect from us
    • Employees
      • Objectives and results
      • A company that employees are proud of
      • Health and safety at work
      • Building a great place to work
      • Composition of our organisation
      • Agreement on new collective labour agreement for network companies
      • Career centre offers new perspectives
      • Step2Work: an opportunity for everyone
      • Going forward: what you can expect from us
    • Shareholders and investors
      • Objectives and results
      • How finance and sustainability go hand in hand
      • Alliander's tax matters
      • Financial results in 2015
      • Non-current assets held for sale: Endinet
      • Income statement for 2015
      • Incidental items
      • Segment reporting
      • Balance sheet
      • Financial position
      • Events after balance sheet date
      • Our sustainability performance
      • Going forward: what you can expect from us
    • What have we learned?
    • Statement by the Management Board
  • Corporate governance
    • Corporate governance
    • Members of the Management Board
    • Members of the Supervisory Board
    • Report of the Supervisory Board
      • Report on the supervisory task of the Supervisory Board
      • Composition and reporting of committees
      • Internal organisation
      • Quality assurance and supervision
      • Other business
    • Remuneration report
      • Remuneration report
      • Remuneration policy for the Management Board
      • Remuneration policy for the Supervisory Board
      • WNT
  • Financial statements
    • Consolidated financial statements
      • Consolidated balance sheet
      • Consolidated income statement
      • Consolidated statement of comprehensive income
      • Consolidated cash flow statement
      • Consolidated statement of changes in equity
    • Notes to the consolidated financial accounts
      • Accounting policies
      • IFRS
      • Basis of the consolidation
      • Notes to the consolidated financial statements
    • Company financial statements
      • Company balance sheet
      • Company income statement
    • Notes to the company financial statements
      • Accounting policies for the company financial statements
      • Investments in subsidiaries
      • Notes to the company financial statements
  • Other information
    • Profit appropriation
    • Events after balance sheet date
    • Important subsidiaries and other participations
    • Independent auditor's report
    • Assurance report
    • Opinion of the Alliander stakeholder panel
    • Materiality test
    • Interaction with stakeholders
    • Performance benchmark
    • SWOT analysis
    • Notes to scope 3 supply chain emissions
    • Five-year summary
    • Impact Measurement Disclosures
  • Overige verslagen Other reports
    • Jaarplan 2015
    • Halfjaarbericht 2015
    • Jaarverslag 2015
  • Onze publicaties

    Annual report 2015

    Note 21 Revenue

    Revenue for 2015 was down by €7 million compared with 2014, at €1,586 million.

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    Annual report 2015

    Note 22 Other income

    Other income in 2015 came in at €94 million (2014: €135 million). This decrease is largely accounted for by the book profit on the disposal of the KEMA shares (€40 million) in 2014.

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    Annual report 2015

    Note 23 Purchase costs and costs of subcontracted work

    Purchase costs and costs of subcontracted work was up by €9 million compared with 2014, at €400 million.

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    Annual report 2015

    Note 24 Employee benefit expense

    The staff costs relating to pensions, reorganisations and other long-term employee benefits were as follows:

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    Annual report 2015

    Note 25 Other operating expenses

    There was a gain of €60 million in respect of the amounts added to and released from provisions (2014: net amount released €80 million).

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    Annual report 2015

    Note 26 Depreciation/amortisation and impairment of non-current assets

    The divestments include the accelerated depreciation of decommissioned assets. The figures under the heading ‘other’ include the scheduled amortisation of intangible assets.

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    Annual report 2015

    Note 27 Finance income

    The other finance income largely concerns the available-for-sale financial assets relating to the cross-border lease contracts (note [6]).

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    Annual report 2015

    Note 28 Finance expense

    Finance expense was reduced by €1 million in respect of capitalised construction interest relating to the new build at the Duiven site (2014: €2 million). The capitalised interest was based on an interest rate of 4.0% (2014: 4.0%).

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    Annual report 2015

    Note 29 Tax

    The recognised tax expense of €59 million is made up of tax charges of €73 million for 2015 and an adjustment of €14 million (gain) relating to prior years.

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    Annual report 2015

    Note 30 Notes to the consolidated cash flow statement

    The cash flow from operating activities in 2015 amounted to €513 million compared with €623 million in 2014.

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    Toon meer resultaten

    2019

    • Jaarplan 2019
    • Halfjaarbericht 2019
    • Jaarverslag 2019
    • Annual Report 2019

    2020

    • Jaarplan 2020
    • Halfjaarbericht 2020
    • Jaarverslag 2020
    • Annual Report 2020

    2021

    • Halfjaarbericht 2021
    • Jaarverslag 2021
    • Annual Report 2021

    2022

    • Halfjaarbericht 2022
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