Consolidated income statement

€ Million

1st half year 2026

1st half year 2025

Revenue

1,511

1,464

Less: Transmission services and distribution losses

444

487

Other operating income

-

1

Balance available for operating activities

1,067

978

Employee benefit expenses

448

408

Depreciation and decommissioning

288

254

Costs of subcontracted work, materials and other external expenses

174

152

Other operating expenses

30

29

Capitalised expenses of own production

-174

-157

Operating expenses

766

686

Operating profit

301

292

Financial income

5

3

Financial expenses

56

36

Financial income and expenses

-51

-33

Profit before tax

250

259

Corporate income tax expenses

-65

-67

Profit for the year

185

192

Attributable to:

Minority shareholders

-

-

Shareholders

185

192

Average number of shares during the financial year

149,682,196

149,682,196

Profit per share1

1.23

1.28

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