Consolidated income statement

€ Million

Notes

2024

2023

Revenue

1

2,596

2,014

Less: Transmission services and distribution losses

2

952

809

Other operating income

3

39

1

Balance available for operating activities

1,683

1,206

Employee benefit expenses

4

741

620

Depreciation and decommissioning

5

509

468

Costs of subcontracted work, materials and other external expenses

6

307

256

Other operating expenses

7

40

15

Capitalised expenses of own production

8

-300

-262

1,297

1,097

Operating profit

386

109

Financial income

9

6

19

Financial expenses

9

52

40

Financial income and expenses

-46

-21

Profit before tax

340

88

Income tax expenses

11

-86

-16

Profit for the year

254

72

Attributable to:

Minority shareholders

0

0

Shareholders

254

72

Average number of shares during the financial year

149,682,196

149,682,196

Profit per share1

1.70

0.48

  • 1Stated in euros, dilution of earnings does not apply.