ORES and ORES Assets in a few figures

Chiffres

​Operational data

​Operational data Year 2024
Length of the electricity network 53,328 km
​Length of the natural gas network 10,213 km
​Total number of points of supply of electricity
(Active EANs)​
1,415,427
​Total number of points of supply of natural gas
(Active EANs)
536,440
​Total quantity of electricity distributed 10,814,301 MWH
Total quantity of natural gas distributed 12,593,995 MWH

Social figures

Social figures 2024 2023 2022 2021 2020
Number of active workers (nominal) 2,864 2,665 2,495 2,386 2,369

Investments

Investments 2024
Net investments* 349.2 Mio EUR
Gross investments 434.2 Mio EUR

*Net investments means the gross investments from which customer interventions have been removed from the investments.

Total investments

Net investments in the electrical and gas networks (in millions of euros)

 

Gross investments in the electrical and gas networks (in millions of euros)

 

Investment allocation

Investment allocation in the electricity distribution network in 2024 by group of activities

In electricity : 
LV = low voltage
MV = medium voltage

Investment allocation in the gas distribution network in 2024 by group of activities

Gas : 
LP = low pressure     
MP = medium pressure

Financial data by company (B GAAP)

Financial data 2024 2023 2022 2021 2020
ORES’ turnover 718 Mio EUR 711 Mio EUR 614 Mio EUR 584 Mio EUR 562 Mio EUR
​ORES Assets’ turnover 1,062 Mio EUR 1,124 Mio EUR 1,043 Mio EUR 1,263 Mio EUR 1,214 Mio EUR
ORES total balance sheet 2,433 Mio EUR 2,225 Mio EUR 2,284 Mio EUR 2,172 Mio EUR 1,893 Mio EUR
​ORES Assets total balance sheet 4,874 Mio EUR 4,637 Mio EUR 4,554 Mio EUR 4,560 Mio EUR 4,316 Mio EUR

Consolidated financial data

Financial data 2024 2023 2022 2021 2020
Operating income  (turnover and other operating income, including regulatory balances)   1,106 Mio EUR 1,204 Mio EUR 1,117 Mio EUR 1,302 Mio EUR 1,249 Mio EUR
EBITDA 350 Mio EUR 355 Mio EUR 330 Mio EUR 476 Mio EUR 471 Mio EUR
EBIT 144 Mio EUR 153 Mio EUR 133 Mio EUR 291 Mio EUR 259 Mio EUR
​Financial result - 51 Mio EUR -46 Mio EUR -12 Mio EUR -19 Mio EUR -35 Mio EUR
​Net profit for the period 67 Mio EUR 92 Mio EUR 89 Mio EUR 177 Mio EUR 197 Mio EUR
Comprehensive income for the period 67 Mio EUR 111 Mio EUR 94 Mio EUR 194 Mio EUR 170 Mio EUR
Current assets 340 Mio EUR 409 Mio EUR 654 Mio EUR 616 Mio EUR 389 Mio EUR
Non-current assets 4,534 Mio EUR 4,459 Mio EUR 4,386 Mio EUR 4,318 Mio EUR 4,264 Mio EUR
Financial debt 2,473 Mio EUR 2,271 Mio EUR 2,279 Mio EUR 2,293 Mio EUR 2,555 Mio EUR
Total equity (including regulatory balances) 2,016 Mio EUR 2,028 Mio EUR 1,990 Mio EUR 1,967 Mio EUR 1,860 Mio EUR
Total balance sheet (assets - without regulatory balances) 4,874 Mio EUR 5,031 Mio EUR 5,020 Mio EUR 5,017 Mio EUR 4,737 Mio EUR
​Total balance sheet (including regulatory balances) 5,145 Mio EUR 5,041 Mio EUR 5,076 Mio EUR 5,022 Mio EUR 4,768 Mio EUR

Financial ratios B GAAP

Financial ratios B GAAP 2024 2023 2022 2021 2020
Equity ratio/total balance sheet for ORES Assets  42.07% 42.03% 42.10% 41.90% 41.69%
Equity ratio/total consolidated balance sheet  40.54% 40.68% 40.24% 40.78% 40.58%

​Operational data

​Operational data Year 2024
Length of the electricity network 53,328 km
​Length of the natural gas network 10,213 km
​Total number of points of supply of electricity
(Active EANs)​
1,415,427
​Total number of points of supply of natural gas
(Active EANs)
536,440
​Total quantity of electricity distributed 10,814,301 MWH
Total quantity of natural gas distributed 12,593,995 MWH