Finance

Audited financial statements and annual report of LITGRID AB for the year 2023

LITGRID

LITGRID

LITGRID AB, electricity transmission system operator, company code 302564383, registered office address Karlo Gustavo Emilio Manerheimo str. 8, Vilnius, Lithuania is publishing Company’s financial statements, annual report and the independent auditor’s report for the year ended 31st December 2023.

Key financial audited indicators, EUR million

2023

2022

Revenue

369,8

420,3

EBITDA

78,3

-36,5

Net profit

48,4

-49,5

ROE (for the last 12 months), percents

23,9

-25,5

Adjusted* EBITDA, EUR million

37,3

34,6

Adjusted* Net Profit, EUR million

22,0

13,8

Adjusted* ROE (for the last 12 months), percents

10,9

7,1

*The adjustment of the profitability indicators is made due to temporary regulatory difference from the regulated profitability approved by National Energy Regulatory Council. The indicators are adjusted by the correction of income, which has already been approved by the decision of Council when the regulated transmission service prices of the reporting period were approved. Also, the indicators are adjusted by the deviation of the Council-approved (regulated) and actual profitability of the reporting period, which Council will evaluate when determining the transmission service prices for the coming period.

Attachments:

Company’s financial statements, annual report and the Independent auditor’s report.

More information:

Jurga Eivaitė

Communications Project Manager

+370 613 19977

jurga.eivaite@litgrid.eu

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