Long-term financial liabilities
Long-term financial liabilities amounted to € 713 million as at 30 June 2024 (year-end 2023: € 477 million3).
|
30 June 2024 |
31 December 2023 |
|||||
|
€ Million |
< 1 year |
1-5 year |
> 5 year |
< 1 year |
1-5 year |
> 5 year |
|
Service agreements |
8 |
- |
- |
16 |
- |
- |
|
IT |
36 |
60 |
8 |
35 |
47 |
7 |
|
Costs for grid losses1 |
129 |
212 |
41 |
140 |
176 |
21 |
|
Investment and financing obligation2 |
28 |
1 |
0 |
30 |
5 |
- |
|
Materials and services3 |
125 |
57 |
8 |
- |
- |
- |
|
Total |
326 |
330 |
57 |
221 |
228 |
28 |
- 1In 2021, Enexis had already purchased the majority of the required amount of gas en electricity grid losses for the entire current regulatory period (2022 - 2026). As at the 30 June 2024, 97% electricity and 86% gas was convered for 2025. The forecasted need for 2026 has been purchased for over 70% for electricity and 100% for gas, respectively. Purchasing for the next regulatory period from 2027 has started.
- 2The short-term investment and financing obligation includes an obligation regarding the signed purchase agreement for the delivery of the head office building in 's-Hertogenbosch. Delivery took place in July 2024, until then the current rental agreement applies. Enexis has already paid a deposit in 2023, the remainder of the purchase price and other costs will be paid in july 2024. The present value of the purchase price and other costs is € 24 million.
- 3The off-balance sheet obligations regarding materials and services have been identified and presented in the notes as of 30 June 2024. The comparative figures as of 31 December 2023 are not available.