AGL Energy has posted a first-half loss despite a surge in revenue.
The power company's net loss was $1.075 billion in the six months to December 31, AGL said in a statement to the ASX on Thursday.
The main drivers were $706 million in asset impairments from an accelerated decarbonisation plan and a change in the value of financial instruments, AGL said.
Revenue rose 36.7 per cent to $7.808b.
The underlying profit more than halved to $87m.
AGL will pay an unfranked interim dividend of 8 cents, down from 16 cents last year.