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.