Consolidated income statement

€ Million

Notes

2023

2022

Revenue

1

2,014

1,705

Less: Transmission services and distribution losses

2

809

380

Other operating income

3

1

3

Balance available for operating activities

1,206

1,328

Employee benefit expenses

4

620

559

Depreciation and decommissioning

5

468

469

Costs of subcontracted work, materials and other external expenses

6

256

236

Other operating expenses

7

15

17

Capitalised expenses of own production

8

-262

-229

1,097

1,052

Operating profit

109

276

Financial income

9

19

5

Financial expenses

9

40

33

Financial income and expenses

-21

-28

Result from subsidiary1

0

1,113

Profit before tax

88

1,361

Income tax expenses

11

-16

-61

Profit for the year

72

1,300

Attributable to:

Minority shareholders

0

0

Shareholders

72

1,300

Average number of shares during the financial year

149,682,196

149,682,196

Profit per share2

0.48

8.69

  • 1In 2022 this concerns the realized transaction result from the sale of Fudura B.V. Refer to note 4. Acquisitions and sales.
  • 2Stated in euro's, dilution of earnings dos not apply.