Below, you are given facts from the annual report for "TenneT Holding B.V." at the end of 2022. "Property Plant And Equipment" 2023-01-01: 26823000000 EUR "Property Plant And Equipment" 2022-01-01: 23811000000 EUR "Rightofuse Assets" 2023-01-01: 748000000 EUR "Rightofuse Assets" 2022-01-01: 433000000 EUR "Intangible Assets And Goodwill" 2023-01-01: 306000000 EUR "Intangible Assets And Goodwill" 2022-01-01: 254000000 EUR "Investments In Joint Ventures Accounted For Using Equity Method" 2023-01-01: 630000000 EUR "Investments In Joint Ventures Accounted For Using Equity Method" 2022-01-01: 638000000 EUR "Investments In Associates Accounted For Using Equity Method" 2023-01-01: 36000000 EUR "Investments In Associates Accounted For Using Equity Method" 2022-01-01: 34000000 EUR "Deferred Tax Assets" 2023-01-01: 711000000 EUR "Deferred Tax Assets" 2022-01-01: 162000000 EUR "Other Noncurrent Financial Assets" 2023-01-01: 44000000 EUR "Other Noncurrent Financial Assets" 2022-01-01: 37000000 EUR "Noncurrent Assets" 2023-01-01: 29298000000 EUR "Noncurrent Assets" 2022-01-01: 25369000000 EUR "Inventories" 2023-01-01: 132000000 EUR "Inventories" 2022-01-01: 83000000 EUR "Trade And Other Current Receivables" 2023-01-01: 2348000000 EUR "Trade And Other Current Receivables" 2022-01-01: 2401000000 EUR "Current Tax Assets Current" 2023-01-01: 158000000 EUR "Current Tax Assets Current" 2022-01-01: 143000000 EUR "Cash And Cash Equivalents" 2023-01-01: 6547000000 EUR "Cash And Cash Equivalents" 2022-01-01: 3204000000 EUR "Current Assets" 2023-01-01: 9185000000 EUR "Current Assets" 2022-01-01: 5831000000 EUR "Noncurrent Assets Or Disposal Groups Classified As Held For Sale" 2023-01-01: 26000000 EUR "Noncurrent Assets Or Disposal Groups Classified As Held For Sale" 2022-01-01: 0 EUR "Assets" 2023-01-01: 38509000000 EUR "Assets" 2022-01-01: 31200000000 EUR "Equity Attributable To Ordinary Equity Holders Of Parent Entity" 2023-01-01: 5133000000 EUR "Equity Attributable To Ordinary Equity Holders Of Parent Entity" 2022-01-01: 4844000000 EUR "Hybrid Capital" 2023-01-01: 2125000000 EUR "Hybrid Capital" 2022-01-01: 2125000000 EUR "Equity Attributable To Owners Of Parent" 2023-01-01: 7258000000 EUR "Equity Attributable To Owners Of Parent" 2022-01-01: 6969000000 EUR "Noncontrolling Interests" 2023-01-01: 455000000 EUR "Noncontrolling Interests" 2022-01-01: 455000000 EUR "Equity" 2023-01-01: 7713000000 EUR "Equity" 2022-01-01: 7424000000 EUR "Longterm Borrowings" 2023-01-01: 19006000000 EUR "Longterm Borrowings" 2022-01-01: 12366000000 EUR "Noncurrent Contract Liabilities" 2023-01-01: 531000000 EUR "Noncurrent Contract Liabilities" 2022-01-01: 428000000 EUR "Deferred Tax Liabilities" 2023-01-01: 12000000 EUR "Deferred Tax Liabilities" 2022-01-01: 7000000 EUR "Noncurrent Provisions" 2023-01-01: 1235000000 EUR "Noncurrent Provisions" 2022-01-01: 1417000000 EUR "Noncurrent Lease Liabilities" 2023-01-01: 574000000 EUR "Noncurrent Lease Liabilities" 2022-01-01: 235000000 EUR "Noncurrent Recognised Liabilities Defined Benefit Plan" 2023-01-01: 174000000 EUR "Noncurrent Recognised Liabilities Defined Benefit Plan" 2022-01-01: 351000000 EUR "Other Noncurrent Financial Liabilities" 2023-01-01: 185000000 EUR "Other Noncurrent Financial Liabilities" 2022-01-01: 183000000 EUR "Other Noncurrent Liabilities" 2023-01-01: 31000000 EUR "Other Noncurrent Liabilities" 2022-01-01: 25000000 EUR "Noncurrent Liabilities" 2023-01-01: 21748000000 EUR "Noncurrent Liabilities" 2022-01-01: 15012000000 EUR "Shortterm Borrowings" 2023-01-01: 709000000 EUR "Shortterm Borrowings" 2022-01-01: 1339000000 EUR "Current Contract Liabilities" 2023-01-01: 17000000 EUR "Current Contract Liabilities" 2022-01-01: 2000000 EUR "Current Tax Liabilities Current" 2023-01-01: 26000000 EUR "Current Tax Liabilities Current" 2022-01-01: 6000000 EUR "Current Provisions" 2023-01-01: 77000000 EUR "Current Provisions" 2022-01-01: 45000000 EUR "Other Current Financial Liabilities" 2023-01-01: 550000000 EUR "Other Current Financial Liabilities" 2022-01-01: 281000000 EUR "Current Bank Overdrafts" 2023-01-01: 0 EUR "Current Bank Overdrafts" 2022-01-01: 64000000 EUR "Current Lease Liabilities" 2023-01-01: 155000000 EUR "Current Lease Liabilities" 2022-01-01: 169000000 EUR "Trade And Other Current Payables" 2023-01-01: 7489000000 EUR "Trade And Other Current Payables" 2022-01-01: 6858000000 EUR "Current Liabilities" 2023-01-01: 9023000000 EUR "Current Liabilities" 2022-01-01: 8764000000 EUR "Liabilities Included In Disposal Groups Classified As Held For Sale" 2023-01-01: 25000000 EUR "Liabilities Included In Disposal Groups Classified As Held For Sale" 2022-01-01: 0 EUR "Equity And Liabilities" 2023-01-01: 38509000000 EUR "Equity And Liabilities" 2022-01-01: 31200000000 EUR "Revenue" 2022-01-01 - 2023-01-01: 8299000000 EUR "Revenue" 2021-01-01 - 2022-01-01: 5524000000 EUR "Energy Transmission Charges" 2022-01-01 - 2023-01-01: 7517000000 EUR "Energy Transmission Charges" 2021-01-01 - 2022-01-01: 4102000000 EUR "Employee Benefits Expense" 2022-01-01 - 2023-01-01: 285000000 EUR "Employee Benefits Expense" 2021-01-01 - 2022-01-01: 287000000 EUR "Depreciation And Amortisation Expense" 2022-01-01 - 2023-01-01: 1233000000 EUR "Depreciation And Amortisation Expense" 2021-01-01 - 2022-01-01: 1165000000 EUR "Miscellaneous Other Operating Expense" 2022-01-01 - 2023-01-01: 322000000 EUR "Miscellaneous Other Operating Expense" 2021-01-01 - 2022-01-01: 303000000 EUR "Other Gains Losses" 2022-01-01 - 2023-01-01: -38000000 EUR "Other Gains Losses" 2021-01-01 - 2022-01-01: -4000000 EUR "Operating Expense" 2022-01-01 - 2023-01-01: 9395000000 EUR "Operating Expense" 2021-01-01 - 2022-01-01: 5861000000 EUR "Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method" 2022-01-01 - 2023-01-01: 120000000 EUR "Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method" 2021-01-01 - 2022-01-01: 62000000 EUR "Profit Loss From Operating Activities" 2022-01-01 - 2023-01-01: -976000000 EUR "Profit Loss From Operating Activities" 2021-01-01 - 2022-01-01: -275000000 EUR "Finance Income" 2022-01-01 - 2023-01-01: 43000000 EUR "Finance Income" 2021-01-01 - 2022-01-01: 2000000 EUR "Finance Costs" 2022-01-01 - 2023-01-01: 300000000 EUR "Finance Costs" 2021-01-01 - 2022-01-01: 202000000 EUR "Finance Income Cost" 2022-01-01 - 2023-01-01: -257000000 EUR "Finance Income Cost" 2021-01-01 - 2022-01-01: -200000000 EUR "Profit Loss Before Tax" 2022-01-01 - 2023-01-01: -1233000000 EUR "Profit Loss Before Tax" 2021-01-01 - 2022-01-01: -475000000 EUR "Income Tax Expense Continuing Operations" 2022-01-01 - 2023-01-01: -354000000 EUR "Income Tax Expense Continuing Operations" 2021-01-01 - 2022-01-01: -135000000 EUR "Profit Loss" 2022-01-01 - 2023-01-01: -879000000 EUR "Profit Loss" 2021-01-01 - 2022-01-01: -340000000 EUR "Profit Loss Attributable To Ordinary Equity Holders Of Parent Entity" 2022-01-01 - 2023-01-01: -967000000 EUR "Profit Loss Attributable To Ordinary Equity Holders Of Parent Entity" 2021-01-01 - 2022-01-01: -401000000 EUR "Profit Loss Attributable To Hybrid Capital Owners" 2022-01-01 - 2023-01-01: 57000000 EUR "Profit Loss Attributable To Hybrid Capital Owners" 2021-01-01 - 2022-01-01: 57000000 EUR "Profit Loss Attributable To Owners Of Parent" 2022-01-01 - 2023-01-01: -910000000 EUR "Profit Loss Attributable To Owners Of Parent" 2021-01-01 - 2022-01-01: -344000000 EUR "Profit Loss Attributable To Noncontrolling Interests" 2022-01-01 - 2023-01-01: 31000000 EUR "Profit Loss Attributable To Noncontrolling Interests" 2021-01-01 - 2022-01-01: 4000000 EUR "Basic Earnings Loss Per Share" 2022-01-01 - 2023-01-01: -4835 EUR/shares "Diluted Earnings Loss Per Share" 2022-01-01 - 2023-01-01: -4835 EUR/shares "Basic Earnings Loss Per Share" 2021-01-01 - 2022-01-01: -2005 EUR/shares "Diluted Earnings Loss Per Share" 2021-01-01 - 2022-01-01: -2005 EUR/shares "Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans" "Retained Earnings Member" 2021-01-01 - 2022-01-01: 79000000 EUR "Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans" "Unappropriated Result Member" 2021-01-01 - 2022-01-01: 0 EUR "Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans" "Equity Attributable To Ordinary Equity Holders Of Parent Entity Member" 2021-01-01 - 2022-01-01: 79000000 EUR "Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans" "Hybrid Capital Member" 2021-01-01 - 2022-01-01: 0 EUR "Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans" "Equity Attributable To Owners Of Parent Member" 2021-01-01 - 2022-01-01: 79000000 EUR "Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans" "Noncontrolling Interests Member" 2021-01-01 - 2022-01-01: 0 EUR "Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans" 2021-01-01 - 2022-01-01: 79000000 EUR "Income Tax Relating To Remeasurements Of Defined Benefit Plans Of Other Comprehensive Income" "Retained Earnings Member" 2021-01-01 - 2022-01-01: 23000000 EUR "Income Tax Relating To Remeasurements Of Defined Benefit Plans Of Other Comprehensive Income" "Unappropriated Result Member" 2021-01-01 - 2022-01-01: 0 EUR "Income Tax Relating To Remeasurements Of Defined Benefit Plans Of Other Comprehensive Income" "Equity Attributable To Ordinary Equity Holders Of Parent Entity Member" 2021-01-01 - 2022-01-01: 23000000 EUR "Income Tax Relating To Remeasurements Of Defined Benefit Plans Of Other Comprehensive Income" "Hybrid Capital Member" 2021-01-01 - 2022-01-01: 0 EUR "Income Tax Relating To Remeasurements Of Defined Benefit Plans Of Other Comprehensive Income" "Equity Attributable To Owners Of Parent Member" 2021-01-01 - 2022-01-01: 23000000 EUR "Income Tax Relating To Remeasurements Of Defined Benefit Plans Of Other Comprehensive Income" "Noncontrolling Interests Member" 2021-01-01 - 2022-01-01: 0 EUR "Income Tax Relating To Remeasurements Of Defined Benefit Plans Of Other Comprehensive Income" 2021-01-01 - 2022-01-01: 23000000 EUR "Other Comprehensive Income" "Retained Earnings Member" 2021-01-01 - 2022-01-01: 56000000 EUR "Other Comprehensive Income" "Unappropriated Result Member" 2021-01-01 - 2022-01-01: 0 EUR "Other Comprehensive Income" "Equity Attributable To Ordinary Equity Holders Of Parent Entity Member" 2021-01-01 - 2022-01-01: 56000000 EUR "Other Comprehensive Income" "Hybrid Capital Member" 2021-01-01 - 2022-01-01: 0 EUR "Other Comprehensive Income" "Equity Attributable To Owners Of Parent Member" 2021-01-01 - 2022-01-01: 56000000 EUR "Other Comprehensive Income" "Noncontrolling Interests Member" 2021-01-01 - 2022-01-01: 0 EUR "Other Comprehensive Income" 2021-01-01 - 2022-01-01: 56000000 EUR "Profit Loss" "Retained Earnings Member" 2021-01-01 - 2022-01-01: 0 EUR "Profit Loss" "Unappropriated Result Member" 2021-01-01 - 2022-01-01: -401000000 EUR "Profit Loss" "Equity Attributable To Ordinary Equity Holders Of Parent Entity Member" 2021-01-01 - 2022-01-01: -401000000 EUR "Profit Loss" "Hybrid Capital Member" 2021-01-01 - 2022-01-01: 57000000 EUR "Profit Loss" "Equity Attributable To Owners Of Parent Member" 2021-01-01 - 2022-01-01: -344000000 EUR "Profit Loss" "Noncontrolling Interests Member" 2021-01-01 - 2022-01-01: 4000000 EUR "Comprehensive Income" "Retained Earnings Member" 2021-01-01 - 2022-01-01: 56000000 EUR "Comprehensive Income" "Unappropriated Result Member" 2021-01-01 - 2022-01-01: -401000000 EUR "Comprehensive Income" "Equity Attributable To Ordinary Equity Holders Of Parent Entity Member" 2021-01-01 - 2022-01-01: -345000000 EUR "Comprehensive Income" "Hybrid Capital Member" 2021-01-01 - 2022-01-01: 57000000 EUR "Comprehensive Income" "Equity Attributable To Owners Of Parent Member" 2021-01-01 - 2022-01-01: -288000000 EUR "Comprehensive Income" "Noncontrolling Interests Member" 2021-01-01 - 2022-01-01: 4000000 EUR "Comprehensive Income" 2021-01-01 - 2022-01-01: -284000000 EUR "Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans" "Retained Earnings Member" 2022-01-01 - 2023-01-01: 217000000 EUR "Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans" "Unappropriated Result Member" 2022-01-01 - 2023-01-01: 0 EUR "Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans" "Equity Attributable To Ordinary Equity Holders Of Parent Entity Member" 2022-01-01 - 2023-01-01: 217000000 EUR "Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans" "Hybrid Capital Member" 2022-01-01 - 2023-01-01: 0 EUR "Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans" "Equity Attributable To Owners Of Parent Member" 2022-01-01 - 2023-01-01: 217000000 EUR "Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans" "Noncontrolling Interests Member" 2022-01-01 - 2023-01-01: 0 EUR "Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans" 2022-01-01 - 2023-01-01: 217000000 EUR "Income Tax Relating To Remeasurements Of Defined Benefit Plans Of Other Comprehensive Income" "Retained Earnings Member" 2022-01-01 - 2023-01-01: 64000000 EUR "Income Tax Relating To Remeasurements Of Defined Benefit Plans Of Other Comprehensive Income" "Unappropriated Result Member" 2022-01-01 - 2023-01-01: 0 EUR "Income Tax Relating To Remeasurements Of Defined Benefit Plans Of Other Comprehensive Income" "Equity Attributable To Ordinary Equity Holders Of Parent Entity Member" 2022-01-01 - 2023-01-01: 64000000 EUR "Income Tax Relating To Remeasurements Of Defined Benefit Plans Of Other Comprehensive Income" "Hybrid Capital Member" 2022-01-01 - 2023-01-01: 0 EUR "Income Tax Relating To Remeasurements Of Defined Benefit Plans Of Other Comprehensive Income" "Equity Attributable To Owners Of Parent Member" 2022-01-01 - 2023-01-01: 64000000 EUR "Income Tax Relating To Remeasurements Of Defined Benefit Plans Of Other Comprehensive Income" "Noncontrolling Interests Member" 2022-01-01 - 2023-01-01: 0 EUR "Income Tax Relating To Remeasurements Of Defined Benefit Plans Of Other Comprehensive Income" 2022-01-01 - 2023-01-01: 64000000 EUR "Other Comprehensive Income" "Retained Earnings Member" 2022-01-01 - 2023-01-01: 153000000 EUR "Other Comprehensive Income" "Unappropriated Result Member" 2022-01-01 - 2023-01-01: 0 EUR "Other Comprehensive Income" "Equity Attributable To Ordinary Equity Holders Of Parent Entity Member" 2022-01-01 - 2023-01-01: 153000000 EUR "Other Comprehensive Income" "Hybrid Capital Member" 2022-01-01 - 2023-01-01: 0 EUR "Other Comprehensive Income" "Equity Attributable To Owners Of Parent Member" 2022-01-01 - 2023-01-01: 153000000 EUR "Other Comprehensive Income" "Noncontrolling Interests Member" 2022-01-01 - 2023-01-01: 0 EUR "Other Comprehensive Income" 2022-01-01 - 2023-01-01: 153000000 EUR "Profit Loss" "Retained Earnings Member" 2022-01-01 - 2023-01-01: 0 EUR "Profit Loss" "Unappropriated Result Member" 2022-01-01 - 2023-01-01: -967000000 EUR "Profit Loss" "Equity Attributable To Ordinary Equity Holders Of Parent Entity Member" 2022-01-01 - 2023-01-01: -967000000 EUR "Profit Loss" "Hybrid Capital Member" 2022-01-01 - 2023-01-01: 57000000 EUR "Profit Loss" "Equity Attributable To Owners Of Parent Member" 2022-01-01 - 2023-01-01: -910000000 EUR "Profit Loss" "Noncontrolling Interests Member" 2022-01-01 - 2023-01-01: 31000000 EUR "Comprehensive Income" "Retained Earnings Member" 2022-01-01 - 2023-01-01: 153000000 EUR "Comprehensive Income" "Unappropriated Result Member" 2022-01-01 - 2023-01-01: -967000000 EUR "Comprehensive Income" "Equity Attributable To Ordinary Equity Holders Of Parent Entity Member" 2022-01-01 - 2023-01-01: -814000000 EUR "Comprehensive Income" "Hybrid Capital Member" 2022-01-01 - 2023-01-01: 57000000 EUR "Comprehensive Income" "Equity Attributable To Owners Of Parent Member" 2022-01-01 - 2023-01-01: -757000000 EUR "Comprehensive Income" "Noncontrolling Interests Member" 2022-01-01 - 2023-01-01: 31000000 EUR "Comprehensive Income" 2022-01-01 - 2023-01-01: -726000000 EUR "Equity" "Issued Capital Member" 2021-01-01: 100000000 EUR "Equity" "Share Premium Member" 2021-01-01: 1790000000 EUR "Equity" "Retained Earnings Member" 2021-01-01: 2686000000 EUR "Equity" "Unappropriated Result Member" 2021-01-01: 748000000 EUR "Equity" "Equity Attributable To Ordinary Equity Holders Of Parent Entity Member" 2021-01-01: 5324000000 EUR "Equity" "Hybrid Capital Member" 2021-01-01: 2125000000 EUR "Equity" "Equity Attributable To Owners Of Parent Member" 2021-01-01: 7449000000 EUR "Equity" "Noncontrolling Interests Member" 2021-01-01: 487000000 EUR "Equity" 2021-01-01: 7936000000 EUR "Profit Loss" "Issued Capital Member" 2021-01-01 - 2022-01-01: 0 EUR "Profit Loss" "Share Premium Member" 2021-01-01 - 2022-01-01: 0 EUR "Other Comprehensive Income" "Issued Capital Member" 2021-01-01 - 2022-01-01: 0 EUR "Other Comprehensive Income" "Share Premium Member" 2021-01-01 - 2022-01-01: 0 EUR "Comprehensive Income" "Issued Capital Member" 2021-01-01 - 2022-01-01: 0 EUR "Comprehensive Income" "Share Premium Member" 2021-01-01 - 2022-01-01: 0 EUR "Dividends Paid" "Issued Capital Member" 2021-01-01 - 2022-01-01: 0 EUR "Dividends Paid" "Share Premium Member" 2021-01-01 - 2022-01-01: 0 EUR "Dividends Paid" "Retained Earnings Member" 2021-01-01 - 2022-01-01: 0 EUR "Dividends Paid" "Unappropriated Result Member" 2021-01-01 - 2022-01-01: 149000000 EUR "Dividends Paid" "Equity Attributable To Ordinary Equity Holders Of Parent Entity Member" 2021-01-01 - 2022-01-01: 149000000 EUR "Dividends Paid" "Hybrid Capital Member" 2021-01-01 - 2022-01-01: 0 EUR "Dividends Paid" "Equity Attributable To Owners Of Parent Member" 2021-01-01 - 2022-01-01: 149000000 EUR "Dividends Paid" "Noncontrolling Interests Member" 2021-01-01 - 2022-01-01: 34000000 EUR "Dividends Paid" 2021-01-01 - 2022-01-01: 183000000 EUR "Increase Decrease Through Other Distributions To Owners" "Issued Capital Member" 2021-01-01 - 2022-01-01: 0 EUR "Increase Decrease Through Other Distributions To Owners" "Share Premium Member" 2021-01-01 - 2022-01-01: 0 EUR "Increase Decrease Through Other Distributions To Owners" "Retained Earnings Member" 2021-01-01 - 2022-01-01: 0 EUR "Increase Decrease Through Other Distributions To Owners" "Unappropriated Result Member" 2021-01-01 - 2022-01-01: 0 EUR "Increase Decrease Through Other Distributions To Owners" "Equity Attributable To Ordinary Equity Holders Of Parent Entity Member" 2021-01-01 - 2022-01-01: 0 EUR "Increase Decrease Through Other Distributions To Owners" "Hybrid Capital Member" 2021-01-01 - 2022-01-01: 0 EUR "Increase Decrease Through Other Distributions To Owners" "Equity Attributable To Owners Of Parent Member" 2021-01-01 - 2022-01-01: 0 EUR "Increase Decrease Through Other Distributions To Owners" "Noncontrolling Interests Member" 2021-01-01 - 2022-01-01: 2000000 EUR "Increase Decrease Through Other Distributions To Owners" 2021-01-01 - 2022-01-01: 2000000 EUR "Dividends Recognised As Distributions To Hybrid Capital Owners" "Issued Capital Member" 2021-01-01 - 2022-01-01: 0 EUR "Dividends Recognised As Distributions To Hybrid Capital Owners" "Share Premium Member" 2021-01-01 - 2022-01-01: 0 EUR "Dividends Recognised As Distributions To Hybrid Capital Owners" "Retained Earnings Member" 2021-01-01 - 2022-01-01: 0 EUR "Dividends Recognised As Distributions To Hybrid Capital Owners" "Unappropriated Result Member" 2021-01-01 - 2022-01-01: 0 EUR "Dividends Recognised As Distributions To Hybrid Capital Owners" "Equity Attributable To Ordinary Equity Holders Of Parent Entity Member" 2021-01-01 - 2022-01-01: 0 EUR "Dividends Recognised As Distributions To Hybrid Capital Owners" "Hybrid Capital Member" 2021-01-01 - 2022-01-01: 57000000 EUR "Dividends Recognised As Distributions To Hybrid Capital Owners" "Equity Attributable To Owners Of Parent Member" 2021-01-01 - 2022-01-01: 57000000 EUR "Dividends Recognised As Distributions To Hybrid Capital Owners" "Noncontrolling Interests Member" 2021-01-01 - 2022-01-01: 0 EUR "Dividends Recognised As Distributions To Hybrid Capital Owners" 2021-01-01 - 2022-01-01: 57000000 EUR "Tax Relating To Dividends Recognised As Distributions To Hybrid Capital Owners" "Issued Capital Member" 2021-01-01 - 2022-01-01: 0 EUR "Tax Relating To Dividends Recognised As Distributions To Hybrid Capital Owners" "Share Premium Member" 2021-01-01 - 2022-01-01: 0 EUR "Tax Relating To Dividends Recognised As Distributions To Hybrid Capital Owners" "Retained Earnings Member" 2021-01-01 - 2022-01-01: -14000000 EUR "Tax Relating To Dividends Recognised As Distributions To Hybrid Capital Owners" "Unappropriated Result Member" 2021-01-01 - 2022-01-01: 0 EUR "Tax Relating To Dividends Recognised As Distributions To Hybrid Capital Owners" "Equity Attributable To Ordinary Equity Holders Of Parent Entity Member" 2021-01-01 - 2022-01-01: -14000000 EUR "Tax Relating To Dividends Recognised As Distributions To Hybrid Capital Owners" "Hybrid Capital Member" 2021-01-01 - 2022-01-01: 0 EUR "Tax Relating To Dividends Recognised As Distributions To Hybrid Capital Owners" "Equity Attributable To Owners Of Parent Member" 2021-01-01 - 2022-01-01: -14000000 EUR "Tax Relating To Dividends Recognised As Distributions To Hybrid Capital Owners" "Noncontrolling Interests Member" 2021-01-01 - 2022-01-01: 0 EUR "Tax Relating To Dividends Recognised As Distributions To Hybrid Capital Owners" 2021-01-01 - 2022-01-01: -14000000 EUR "Increase Decrease Through Appropriation Of Retained Earnings" "Issued Capital Member" 2021-01-01 - 2022-01-01: 0 EUR "Increase Decrease Through Appropriation Of Retained Earnings" "Share Premium Member" 2021-01-01 - 2022-01-01: 0 EUR "Increase Decrease Through Appropriation Of Retained Earnings" "Retained Earnings Member" 2021-01-01 - 2022-01-01: 599000000 EUR "Increase Decrease Through Appropriation Of Retained Earnings" "Unappropriated Result Member" 2021-01-01 - 2022-01-01: -599000000 EUR "Increase Decrease Through Appropriation Of Retained Earnings" "Equity Attributable To Ordinary Equity Holders Of Parent Entity Member" 2021-01-01 - 2022-01-01: 0 EUR "Increase Decrease Through Appropriation Of Retained Earnings" "Hybrid Capital Member" 2021-01-01 - 2022-01-01: 0 EUR "Increase Decrease Through Appropriation Of Retained Earnings" "Equity Attributable To Owners Of Parent Member" 2021-01-01 - 2022-01-01: 0 EUR "Increase Decrease Through Appropriation Of Retained Earnings" "Noncontrolling Interests Member" 2021-01-01 - 2022-01-01: 0 EUR "Increase Decrease Through Appropriation Of Retained Earnings" 2021-01-01 - 2022-01-01: 0 EUR "Equity" "Issued Capital Member" 2022-01-01: 100000000 EUR "Equity" "Share Premium Member" 2022-01-01: 1790000000 EUR "Equity" "Retained Earnings Member" 2022-01-01: 3355000000 EUR "Equity" "Unappropriated Result Member" 2022-01-01: -401000000 EUR "Equity" "Equity Attributable To Ordinary Equity Holders Of Parent Entity Member" 2022-01-01: 4844000000 EUR "Equity" "Hybrid Capital Member" 2022-01-01: 2125000000 EUR "Equity" "Equity Attributable To Owners Of Parent Member" 2022-01-01: 6969000000 EUR "Equity" "Noncontrolling Interests Member" 2022-01-01: 455000000 EUR "Profit Loss" "Issued Capital Member" 2022-01-01 - 2023-01-01: 0 EUR "Profit Loss" "Share Premium Member" 2022-01-01 - 2023-01-01: 0 EUR "Other Comprehensive Income" "Issued Capital Member" 2022-01-01 - 2023-01-01: 0 EUR "Other Comprehensive Income" "Share Premium Member" 2022-01-01 - 2023-01-01: 0 EUR "Comprehensive Income" "Issued Capital Member" 2022-01-01 - 2023-01-01: 0 EUR "Comprehensive Income" "Share Premium Member" 2022-01-01 - 2023-01-01: 0 EUR "Dividends Paid" "Issued Capital Member" 2022-01-01 - 2023-01-01: 0 EUR "Dividends Paid" "Share Premium Member" 2022-01-01 - 2023-01-01: 0 EUR "Dividends Paid" "Retained Earnings Member" 2022-01-01 - 2023-01-01: 0 EUR "Dividends Paid" "Unappropriated Result Member" 2022-01-01 - 2023-01-01: 141000000 EUR "Dividends Paid" "Equity Attributable To Ordinary Equity Holders Of Parent Entity Member" 2022-01-01 - 2023-01-01: 141000000 EUR "Dividends Paid" "Hybrid Capital Member" 2022-01-01 - 2023-01-01: 0 EUR "Dividends Paid" "Equity Attributable To Owners Of Parent Member" 2022-01-01 - 2023-01-01: 141000000 EUR "Dividends Paid" "Noncontrolling Interests Member" 2022-01-01 - 2023-01-01: 20000000 EUR "Dividends Paid" 2022-01-01 - 2023-01-01: 161000000 EUR "Increase Decrease Through Other Contributions By Owners" "Issued Capital Member" 2022-01-01 - 2023-01-01: 0 EUR "Increase Decrease Through Other Contributions By Owners" "Share Premium Member" 2022-01-01 - 2023-01-01: 1230000000 EUR "Increase Decrease Through Other Contributions By Owners" "Retained Earnings Member" 2022-01-01 - 2023-01-01: 0 EUR "Increase Decrease Through Other Contributions By Owners" "Unappropriated Result Member" 2022-01-01 - 2023-01-01: 0 EUR "Increase Decrease Through Other Contributions By Owners" "Equity Attributable To Ordinary Equity Holders Of Parent Entity Member" 2022-01-01 - 2023-01-01: 1230000000 EUR "Increase Decrease Through Other Contributions By Owners" "Hybrid Capital Member" 2022-01-01 - 2023-01-01: 0 EUR "Increase Decrease Through Other Contributions By Owners" "Equity Attributable To Owners Of Parent Member" 2022-01-01 - 2023-01-01: 1230000000 EUR "Increase Decrease Through Other Contributions By Owners" "Noncontrolling Interests Member" 2022-01-01 - 2023-01-01: 0 EUR "Increase Decrease Through Other Contributions By Owners" 2022-01-01 - 2023-01-01: 1230000000 EUR "Increase Decrease Through Other Distributions To Owners" "Issued Capital Member" 2022-01-01 - 2023-01-01: 0 EUR "Increase Decrease Through Other Distributions To Owners" "Share Premium Member" 2022-01-01 - 2023-01-01: 0 EUR "Increase Decrease Through Other Distributions To Owners" "Retained Earnings Member" 2022-01-01 - 2023-01-01: 0 EUR "Increase Decrease Through Other Distributions To Owners" "Unappropriated Result Member" 2022-01-01 - 2023-01-01: 0 EUR "Increase Decrease Through Other Distributions To Owners" "Equity Attributable To Ordinary Equity Holders Of Parent Entity Member" 2022-01-01 - 2023-01-01: 0 EUR "Increase Decrease Through Other Distributions To Owners" "Hybrid Capital Member" 2022-01-01 - 2023-01-01: 0 EUR "Increase Decrease Through Other Distributions To Owners" "Equity Attributable To Owners Of Parent Member" 2022-01-01 - 2023-01-01: 0 EUR "Increase Decrease Through Other Distributions To Owners" "Noncontrolling Interests Member" 2022-01-01 - 2023-01-01: 11000000 EUR "Increase Decrease Through Other Distributions To Owners" 2022-01-01 - 2023-01-01: 11000000 EUR "Dividends Recognised As Distributions To Hybrid Capital Owners" "Issued Capital Member" 2022-01-01 - 2023-01-01: 0 EUR "Dividends Recognised As Distributions To Hybrid Capital Owners" "Share Premium Member" 2022-01-01 - 2023-01-01: 0 EUR "Dividends Recognised As Distributions To Hybrid Capital Owners" "Retained Earnings Member" 2022-01-01 - 2023-01-01: 0 EUR "Dividends Recognised As Distributions To Hybrid Capital Owners" "Unappropriated Result Member" 2022-01-01 - 2023-01-01: 0 EUR "Dividends Recognised As Distributions To Hybrid Capital Owners" "Equity Attributable To Ordinary Equity Holders Of Parent Entity Member" 2022-01-01 - 2023-01-01: 0 EUR "Dividends Recognised As Distributions To Hybrid Capital Owners" "Hybrid Capital Member" 2022-01-01 - 2023-01-01: 57000000 EUR "Dividends Recognised As Distributions To Hybrid Capital Owners" "Equity Attributable To Owners Of Parent Member" 2022-01-01 - 2023-01-01: 57000000 EUR "Dividends Recognised As Distributions To Hybrid Capital Owners" "Noncontrolling Interests Member" 2022-01-01 - 2023-01-01: 0 EUR "Dividends Recognised As Distributions To Hybrid Capital Owners" 2022-01-01 - 2023-01-01: 57000000 EUR "Tax Relating To Dividends Recognised As Distributions To Hybrid Capital Owners" "Issued Capital Member" 2022-01-01 - 2023-01-01: 0 EUR "Tax Relating To Dividends Recognised As Distributions To Hybrid Capital Owners" "Share Premium Member" 2022-01-01 - 2023-01-01: 0 EUR "Tax Relating To Dividends Recognised As Distributions To Hybrid Capital Owners" "Retained Earnings Member" 2022-01-01 - 2023-01-01: -14000000 EUR "Tax Relating To Dividends Recognised As Distributions To Hybrid Capital Owners" "Unappropriated Result Member" 2022-01-01 - 2023-01-01: 0 EUR "Tax Relating To Dividends Recognised As Distributions To Hybrid Capital Owners" "Equity Attributable To Ordinary Equity Holders Of Parent Entity Member" 2022-01-01 - 2023-01-01: -14000000 EUR "Tax Relating To Dividends Recognised As Distributions To Hybrid Capital Owners" "Hybrid Capital Member" 2022-01-01 - 2023-01-01: 0 EUR "Tax Relating To Dividends Recognised As Distributions To Hybrid Capital Owners" "Equity Attributable To Owners Of Parent Member" 2022-01-01 - 2023-01-01: -14000000 EUR "Tax Relating To Dividends Recognised As Distributions To Hybrid Capital Owners" "Noncontrolling Interests Member" 2022-01-01 - 2023-01-01: 0 EUR "Tax Relating To Dividends Recognised As Distributions To Hybrid Capital Owners" 2022-01-01 - 2023-01-01: -14000000 EUR "Increase Decrease Through Appropriation Of Retained Earnings" "Issued Capital Member" 2022-01-01 - 2023-01-01: 0 EUR "Increase Decrease Through Appropriation Of Retained Earnings" "Share Premium Member" 2022-01-01 - 2023-01-01: 0 EUR "Increase Decrease Through Appropriation Of Retained Earnings" "Retained Earnings Member" 2022-01-01 - 2023-01-01: -542000000 EUR "Increase Decrease Through Appropriation Of Retained Earnings" "Unappropriated Result Member" 2022-01-01 - 2023-01-01: 542000000 EUR "Increase Decrease Through Appropriation Of Retained Earnings" "Equity Attributable To Ordinary Equity Holders Of Parent Entity Member" 2022-01-01 - 2023-01-01: 0 EUR "Increase Decrease Through Appropriation Of Retained Earnings" "Hybrid Capital Member" 2022-01-01 - 2023-01-01: 0 EUR "Increase Decrease Through Appropriation Of Retained Earnings" "Equity Attributable To Owners Of Parent Member" 2022-01-01 - 2023-01-01: 0 EUR "Increase Decrease Through Appropriation Of Retained Earnings" "Noncontrolling Interests Member" 2022-01-01 - 2023-01-01: 0 EUR "Increase Decrease Through Appropriation Of Retained Earnings" 2022-01-01 - 2023-01-01: 0 EUR "Equity" "Issued Capital Member" 2023-01-01: 100000000 EUR "Equity" "Share Premium Member" 2023-01-01: 3020000000 EUR "Equity" "Retained Earnings Member" 2023-01-01: 2980000000 EUR "Equity" "Unappropriated Result Member" 2023-01-01: -967000000 EUR "Equity" "Equity Attributable To Ordinary Equity Holders Of Parent Entity Member" 2023-01-01: 5133000000 EUR "Equity" "Hybrid Capital Member" 2023-01-01: 2125000000 EUR "Equity" "Equity Attributable To Owners Of Parent Member" 2023-01-01: 7258000000 EUR "Equity" "Noncontrolling Interests Member" 2023-01-01: 455000000 EUR "Adjustments For Depreciation And Amortisation Expense And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss" 2022-01-01 - 2023-01-01: 1233000000 EUR "Adjustments For Depreciation And Amortisation Expense And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss" 2021-01-01 - 2022-01-01: 1165000000 EUR "Adjustments For Losses Gains On Disposal Of Noncurrent Assets" 2022-01-01 - 2023-01-01: 38000000 EUR "Adjustments For Losses Gains On Disposal Of Noncurrent Assets" 2021-01-01 - 2022-01-01: 0 EUR "Adjustments For Undistributed Profits Of Investments Accounted For Using Equity Method" 2022-01-01 - 2023-01-01: 120000000 EUR "Adjustments For Undistributed Profits Of Investments Accounted For Using Equity Method" 2021-01-01 - 2022-01-01: 61000000 EUR "Dividends Received Classified As Operating Activities" 2022-01-01 - 2023-01-01: 92000000 EUR "Dividends Received Classified As Operating Activities" 2021-01-01 - 2022-01-01: 56000000 EUR "Adjustments For Provisions" 2022-01-01 - 2023-01-01: 104000000 EUR "Adjustments For Provisions" 2021-01-01 - 2022-01-01: -59000000 EUR "Other Adjustments For Noncash Items" 2022-01-01 - 2023-01-01: 1347000000 EUR "Other Adjustments For Noncash Items" 2021-01-01 - 2022-01-01: 1101000000 EUR "Adjustments For Decrease Increase In Trade And Other Receivables Excluding Eeg Working Capital" 2022-01-01 - 2023-01-01: -1026000000 EUR "Adjustments For Decrease Increase In Trade And Other Receivables Excluding Eeg Working Capital" 2021-01-01 - 2022-01-01: -90000000 EUR "Adjustments For Decrease Increase In Inventories Excluding Eeg Working Capital" 2022-01-01 - 2023-01-01: -49000000 EUR "Adjustments For Decrease Increase In Inventories Excluding Eeg Working Capital" 2021-01-01 - 2022-01-01: -18000000 EUR "Adjustments For Increase Decrease In Trade And Other Payables Excluding Eeg Working Capital" 2022-01-01 - 2023-01-01: -33000000 EUR "Adjustments For Increase Decrease In Trade And Other Payables Excluding Eeg Working Capital" 2021-01-01 - 2022-01-01: 540000000 EUR "Adjustments For Increase Decrease In Contract Liabilities Excluding Eeg Working Capital" 2022-01-01 - 2023-01-01: 103000000 EUR "Adjustments For Increase Decrease In Contract Liabilities Excluding Eeg Working Capital" 2021-01-01 - 2022-01-01: 52000000 EUR "Adjustments For Increase Decrease In Current Financial Liabilities Excluding Eeg Working Capital" 2022-01-01 - 2023-01-01: 269000000 EUR "Adjustments For Increase Decrease In Current Financial Liabilities Excluding Eeg Working Capital" 2021-01-01 - 2022-01-01: 196000000 EUR "Increase Decrease In Working Capital Excluding Eeg Working Capital" 2022-01-01 - 2023-01-01: 736000000 EUR "Increase Decrease In Working Capital Excluding Eeg Working Capital" 2021-01-01 - 2022-01-01: -680000000 EUR "Income Taxes Paid Refund Classified As Operating Activities" 2022-01-01 - 2023-01-01: 231000000 EUR "Income Taxes Paid Refund Classified As Operating Activities" 2021-01-01 - 2022-01-01: 246000000 EUR "Cash Flows From Used In Operations Excluding Eeg Working Capital" 2022-01-01 - 2023-01-01: 596000000 EUR "Cash Flows From Used In Operations Excluding Eeg Working Capital" 2021-01-01 - 2022-01-01: -1260000000 EUR "Adjustments For Decrease Increase In Trade And Other Receivables Eeg Working Capital" 2022-01-01 - 2023-01-01: 592000000 EUR "Adjustments For Decrease Increase In Trade And Other Receivables Eeg Working Capital" 2021-01-01 - 2022-01-01: 1956000000 EUR "Adjustments For Decrease Increase In Trade And Other Receivables Eeg Working Capital Over Three Months" 2022-01-01 - 2023-01-01: 472000000 EUR "Adjustments For Decrease Increase In Trade And Other Receivables Eeg Working Capital Over Three Months" 2021-01-01 - 2022-01-01: -472000000 EUR "Adjustments For Increase Decrease In Trade And Other Payables Eeg Working Capital" 2022-01-01 - 2023-01-01: 728000000 EUR "Adjustments For Increase Decrease In Trade And Other Payables Eeg Working Capital" 2021-01-01 - 2022-01-01: 2961000000 EUR "Increase Decrease In Working Capital Eeg Working Capital" 2022-01-01 - 2023-01-01: -1792000000 EUR "Increase Decrease In Working Capital Eeg Working Capital" 2021-01-01 - 2022-01-01: -4445000000 EUR "Cash Flows From Used In Operating Activities" 2022-01-01 - 2023-01-01: 1196000000 EUR "Cash Flows From Used In Operating Activities" 2021-01-01 - 2022-01-01: 5705000000 EUR "Purchase Of Property Plant And Equipment Intangible Assets Other Than Goodwill Investment Property And Other Noncurrent Assets" 2022-01-01 - 2023-01-01: 4424000000 EUR "Purchase Of Property Plant And Equipment Intangible Assets Other Than Goodwill Investment Property And Other Noncurrent Assets" 2021-01-01 - 2022-01-01: 3711000000 EUR "Proceeds From Disposals Of Property Plant And Equipment Intangible Assets Other Than Goodwill Investment Property And Other Noncurrent Assets" 2022-01-01 - 2023-01-01: 5000000 EUR "Proceeds From Disposals Of Property Plant And Equipment Intangible Assets Other Than Goodwill Investment Property And Other Noncurrent Assets" 2021-01-01 - 2022-01-01: 11000000 EUR "Capital Repayments From Joint Ventures Classified As Investing Activities" 2022-01-01 - 2023-01-01: 32000000 EUR "Capital Repayments From Joint Ventures Classified As Investing Activities" 2021-01-01 - 2022-01-01: 29000000 EUR "Interest Received Classified As Investing Activities" 2022-01-01 - 2023-01-01: 45000000 EUR "Interest Received Classified As Investing Activities" 2021-01-01 - 2022-01-01: 3000000 EUR "Capital Contribution To Joint Ventures And Associates Classified As Investing Activities" 2022-01-01 - 2023-01-01: 3000000 EUR "Capital Contribution To Joint Ventures And Associates Classified As Investing Activities" 2021-01-01 - 2022-01-01: 0 EUR "Cash Flows From Used In Investing Activities" 2022-01-01 - 2023-01-01: -4345000000 EUR "Cash Flows From Used In Investing Activities" 2021-01-01 - 2022-01-01: -3668000000 EUR "Proceeds From Borrowings Classified As Financing Activities" 2022-01-01 - 2023-01-01: 7338000000 EUR "Proceeds From Borrowings Classified As Financing Activities" 2021-01-01 - 2022-01-01: 3481000000 EUR "Repayments Of Borrowings Classified As Financing Activities" 2022-01-01 - 2023-01-01: 1339000000 EUR "Repayments Of Borrowings Classified As Financing Activities" 2021-01-01 - 2022-01-01: 2243000000 EUR "Net Financing" 2022-01-01 - 2023-01-01: 5999000000 EUR "Net Financing" 2021-01-01 - 2022-01-01: 1238000000 EUR "Payments Of Lease Liabilities Classified As Financing Activities" 2022-01-01 - 2023-01-01: 221000000 EUR "Payments Of Lease Liabilities Classified As Financing Activities" 2021-01-01 - 2022-01-01: 156000000 EUR "Interest Paid Classified As Financing Activities" 2022-01-01 - 2023-01-01: 202000000 EUR "Interest Paid Classified As Financing Activities" 2021-01-01 - 2022-01-01: 174000000 EUR "Proceeds From Capital Contributions Classified As Financing Activities" 2022-01-01 - 2023-01-01: 1230000000 EUR "Proceeds From Capital Contributions Classified As Financing Activities" 2021-01-01 - 2022-01-01: 0 EUR "Dividends Paid To Ordinary Equity Holders Of Parent Entity Classified As Financing Activities" 2022-01-01 - 2023-01-01: 141000000 EUR "Dividends Paid To Ordinary Equity Holders Of Parent Entity Classified As Financing Activities" 2021-01-01 - 2022-01-01: 149000000 EUR "Dividends Paid To Hybrid Capital Owners Classified As Financing Activities" 2022-01-01 - 2023-01-01: 57000000 EUR "Dividends Paid To Hybrid Capital Owners Classified As Financing Activities" 2021-01-01 - 2022-01-01: 57000000 EUR "Repayments Of Other Financial Liabilities Classified As Financing Activities" 2022-01-01 - 2023-01-01: 20000000 EUR "Repayments Of Other Financial Liabilities Classified As Financing Activities" 2021-01-01 - 2022-01-01: 40000000 EUR "Dividends Paid To Noncontrolling Interests Classified As Financing Activities" 2022-01-01 - 2023-01-01: 32000000 EUR "Dividends Paid To Noncontrolling Interests Classified As Financing Activities" 2021-01-01 - 2022-01-01: 36000000 EUR "Other Financing Activities" 2022-01-01 - 2023-01-01: 557000000 EUR "Other Financing Activities" 2021-01-01 - 2022-01-01: -612000000 EUR "Cash Flows From Used In Financing Activities" 2022-01-01 - 2023-01-01: 6556000000 EUR "Cash Flows From Used In Financing Activities" 2021-01-01 - 2022-01-01: 626000000 EUR "Increase Decrease In Cash And Cash Equivalents" 2022-01-01 - 2023-01-01: 3407000000 EUR "Increase Decrease In Cash And Cash Equivalents" 2021-01-01 - 2022-01-01: 2663000000 EUR "Cash And Cash Equivalents If Different From Statement Of Financial Position" 2023-01-01: 6547000000 EUR "Cash And Cash Equivalents If Different From Statement Of Financial Position" 2022-01-01: 3140000000 EUR "Cash And Cash Equivalents If Different From Statement Of Financial Position" 2021-01-01: 477000000 EUR "Description Of Accounting Policy For Borrowing Costs Explanatory" "en" 2022-01-01 - 2023-01-01: iAccounting policyPlease refer to note 28, accounting policies for financial instruments. "Name Of Reporting Entity Or Other Means Of Identification" "en" 2022-01-01 - 2023-01-01: TenneT Holding B.V. TenneT Holding B.V. "Description Of Nature Of Entitys Operations And Principal Activities" "en" 2022-01-01 - 2023-01-01: transmission system operator "Name Of Parent Entity" "en" 2022-01-01 - 2023-01-01: Dutch State "Principal Place Of Business" "en" 2022-01-01 - 2023-01-01: Arnhem "Legal Form Of Entity" "en" 2022-01-01 - 2023-01-01: B.V. "Domicile Of Entity" "en" 2022-01-01 - 2023-01-01: Arnhem "Address Of Registered Office Of Entity" "en" 2022-01-01 - 2023-01-01: Postbus 718 6600 AS Arnhem The Netherlands Based on this, estimate the FFO / Net debt ratio for 2022, based on S&P methodology. Start with your reasoning. At the end, give your final answer on a single line between XML tags with no markdown fences, no units, and no prose, like so: VALUE.