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Investor Presentaiton

32 Energy Infrastructure Financial key figures for the segment Weighted average debt ratio (not including offshore) 51.8% 30 June 2022: 43.4% Weighted average remaining maturity of debt¹ 13.2 (in years) 30 June 2022: 13 1 Fully amortising over the useful life of the infrastructure with a fixed interest rate Basic valuation assumptions Inflation 3% 2024 financial year Weighted average discount rate 2% 8.90% after that Long-term cash flows - Energy Infrastructure Indicative annual cash flows to TINC (in millions of €) as at 31/12/2023 18 Valuation sensitivity analysis 124,355 Energy production -/+ 5% ▶ (12,767) 1:3,352 Energy prices -/+ 10% ▶ (14,290) 15,565: Inflation -/+ 0.5% ‣ (2,149) 2;622 Discount rate +/- 0.5% (3,362) 3,586 105 115 125 135 145 155 Fair value in '000 € Energy production The P50 probability scenario corresponds to estimated generation depending on future irradiation or wind speed values that has a 50% probability of actually being realised. Energy prices Assumptions based on future market prices and projections from independent advisors. 15 12 9 6 3 0 Dec 2024 Dec Dec Dec Dec '25 '26 '27 '28 Dec Dec '29 '30 Dec Dec Dec Dec '31 '32 '33 '34 Dec Dec 36 Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec '35 '36 '37 '38 '39 '40 '41 '42 '43 '44 '45 '46 '47 '48 '49 '50 TINC Investor Presentation 2022-2023
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