Key Figures Financial Year 2023

1.10.2022 - 30.9.2023

Financial key figuresFY 2023FY 2022% Change
Sales and earnings   
Adjusted sales excluding energy taxes (Euro million)7,5314,199+ 79
Adjusted EBITDA1 (Euro million)1,087564+ 93
   Adjusted EBITDA excluding disposal gains954509+ 87
Adjusted EBIT1 (Euro million)880353>+ 100
   Adjusted EBIT excluding disposal gains747298>+ 100
Adjusted annual net income1 (Euro million)592249>+ 100
Adjusted annual net income after minority interests1 (Euro million)513176>+ 100
Capital structure   
Adjusted total assets at 30 September2 (Euro million)6,0286,888- 12
   Adjusted total assets excluding margins at 30 September23 (Euro million)5,8725,434+ 8
Adjusted equity at 30 September2 (Euro million)2,3911,863+ 28
Adjusted equity ratio at 30 September2 (%)39.727.1+ 46
   Adjusted equity ratio excluding margins at 30 September23 (%)40.734.3+ 19
Net financial debt at 30 September (Euro million)82332>+ 100
   Net financial debt excluding margins at 30 September3 Euro million)8401,449- 42
Cash flow and investments   
Cash flow from operating activities (Euro milliono)- 614952
   Cash flow from operating activities excluding margins3 (Euro million)786357>+ 100
Investments (Mio Euro)344335+ 3
Value performance   
ROCE (%)33.516.2>+ 100
   ROCE excluding disposal gains (%)28.413.7>+ 100
   ROCE excluding margins3 (%)26.310.7>+ 100
   ROCE excluding disposal gains and excluding margins (%)22.39.0>+ 100
WACC (%)8.06.6+ 21
Value Spread (%)25.59.6>+ 100
   Value spread excluding disposal gains (%)20.47.1>+ 100
   Value spread excluding margins3 (%)18.34.1>+ 100
   Value spread excluding disposal gains and excluding margins (%)14.32.4>+ 100
Capital employed (Euro million)2,6292,178+ 21
   Capital employed excluding margins3 (Euro million)3,3463,298+ 1
Adjusted earnings per share1 (Euro)7.782.67>+ 100
Regular dividend per share (Euro)1.1541.05+ 10
One-off dividend per share (Euro)0.304
Non-financial key figures   
Direct CO2 emissions (Scope 1)56 (tonnes 000s)2,6843,649-  26
Indirect CO2 emissions (Scopes 2)5 (tonnes 000s)127147- 14
Indirect CO2 emissions (Scope 3)5 (tonnes 000s)5,9845,072+ 18
Electricity generation capacity from renewable energies57 (kWh million)633614+ 3
Renewable energies as share of proprietary electricity generation5 (%)4132+ 28
Electricity generation volumes from renewable energies58 (kWh million)1,3981,295+ 8
Green heat generation capacity5 (MWt)812861- 6
Green heat as share of proprietary heat generation5, 9 (%)4639+ 18
Green heat generation volumes569 (kWh million)2,4652,662- 7 
Completed development of new renewable energies plants (MWe)1,436476>+100
Operations management for renewable energies plants (MWel)3,7083,779- 2
Number of employees at 30 September (headcount)6,3906,556- 3
   of which women1,8801,864+ 1
   of which men4,5094,692- 4
   of which diverse1
   of which full-time employees5,3365,529- 3
   of which part-time employees1,0541,027+ 3
Number of trainees at 30 September (headcount)331335- 1
Share of female managers at 30 September (%)1916+ 19
Accident frequency rate (LTIF)10 (number of accidents per 1,000,000 hours of work)4.33.7+ 16

1 Excluding non-operating measurement items for financial derivatives and including interest income from finance leases
2 Excluding non-operating measurement items for financial derivatives
3 Excluding collateral deposited for counterparty default risk (margins)
4 Subject to approval by Annual General Meeting on 8 March 2024
5 Fully consolidated and at-equity companies
6 Previous year’s figure adjusted
7 Including electricity generation capacity from wind turbines for repowering at 30 September 2023 (28 MW)/30 September 2022 (30 MW)
8 Including electricity generation volumes from wind turbines for repowering at 30 September 2023 (31 million kWh)/30 September 2022 (21 million kWh)
9 Heat from biomass, biogas and energy from waste plants, including RDF plants
10 Figures for 2022 and 2021 calendar years


We are happy to answer your questions personally - talk to us!

Dipl.-Betriebswirt (DH) Marc Speicher
Provisional Head of Department Finance and Investor Relations