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

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

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

[phone]

[e-mail]

Attachment

• litgridab-2023-12-31-en