centrica plc said thursday that it swung to a net loss in 2022 on negative remeasurements of energy contracts restarted its final dividend and extended its share buyback program the uk energy company which owns british gas made a net loss of 782 million pounds 9445 million last year swinging from a net profit of gbp121 billion in 2021 which largely reflected negative energy contract remeasurements after commodity prices fell toward the end of 2022 it said excluding the disposed spirit energy assets adjusted earnings before interest taxes depreciation and amortization rose to gbp351 billion from gbp185 billion reflecting strong increases in certain business unit profits including storage and nuclear the company said revenue rose to gbp2374 billion from gbp183 billion and compared with a forecast of gbp2708 billion from 13 analysts and taken from factset the board declared a final dividend of 20 pence bringing the total for the year to 30 pence a share it is the first final dividend paid since 2018 and the first final dividend declared since 2019 though that one was cancelled in april 2020 in the wake of the covid19 pandemic the company also extended its existing gbp250 million share buyback by a further gbp300 million