Financial statements Swiss GAAP FER

Statement of changes in equity

In millions of CHF	Share capital	Capital reserves	Retained earnings	Total equity
Balance at 31.12.2021	334.5	431.2	492.0	1,257.7
Allocation	–	–	–	–
Dividends paid	–	–	–53.1	–53.1
Capital increases (minus transaction costs)	–	–	–	–
Net income 2022	–	–	96.4	96.4
Balance at 31.12.2022	334.5	431.2	535.3	1,301.0
Allocation	–	–	–	–
Dividends paid	–	–	–48.2	–48.2
Capital increases (minus transaction costs)	–	–	–	–
Net income 2023	–	–	100.0	100.0
Balance at 31.12.2023	334.5	431.2	587.1	1,352.8

The share capital consists of 334,495,151 (previous year: 334,495,151) fully paid-up registered shares with a par value of CHF 1 per share. As at 31 December 2023, Swissgrid has conditional share capital of a maximum of CHF 112,939,487, divided into 112,939,487 registered shares with a par value of CHF 1 per share (previous year: CHF 112,939,487, divided into 112,939,487 registered shares with a par value of CHF 1 per share).

The non-distributable portion of retained earnings and capital reserves amounts to CHF 167.25 million (previous year: CHF 167.25 million).

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