|
€ Million |
1st half year 2024 |
1st half year 2023 |
|
Profit for the year |
122 |
15 |
|
Adjustments for: |
||
|
Depreciation and decommissioning |
237 |
230 |
|
Amortised contributions for installation of grids and connections |
-18 |
-17 |
|
Received contributions for installation of grids and connections |
52 |
59 |
|
Change in deferred corporate income tax |
27 |
3 |
|
Change in non-current provisions |
0 |
-5 |
|
Financial income |
-3 |
-8 |
|
Financial expenses |
25 |
18 |
|
Corporate income tax expense recognised through profit or loss |
15 |
0 |
|
Change in operational working capital excluding tax and interest |
-46 |
-5 |
|
Interest received |
0 |
6 |
|
Interest paid |
-28 |
-9 |
|
Corporate income tax paid or received |
-21 |
-12 |
|
Cash flow from operating activities |
362 |
275 |
|
Investments in property, plant and equipment |
-622 |
-495 |
|
Investments in intangible assets |
-26 |
-20 |
|
Cash flow from investing in (in)tangible fixed assets |
-648 |
-515 |
|
Cash flow from operating activities and investing in (in)tangible fixed assets |
-286 |
-240 |
|
Loans granted |
-3 |
-3 |
|
Repayment of loans granted |
3 |
4 |
|
Increase in deposits1 |
- |
-500 |
|
Decrease in deposits1 |
- |
525 |
|
Cash flow from other investing activities |
0 |
26 |
|
Cash flow from investing activities |
-648 |
-489 |
|
Cash flow before financing activities |
-286 |
-214 |
|
Green bond issue |
494 |
498 |
|
Increase interest-bearing liabilities2 |
658 |
- |
|
Repayment of interest-bearing liabilities2 |
-658 |
-2 |
|
Repayment of lease liability |
-15 |
-16 |
|
Dividend paid |
-36 |
-193 |
|
Cash flow from financing activities |
443 |
287 |
|
Total cash flows |
157 |
73 |
|
Cash and cash equivalents at the beginning of the financial year |
127 |
217 |
|
Cash and cash equivalents at the end of the financial year |
284 |
290 |
bilateral cash loans and issuance and redemption of notes.