Consolidated balance sheet

€ Million

30 June 2025

31 December 2024

Assets

Property, plant and equipment

11,227

10,583

Intangible assets

253

245

Right-of-use assets

117

111

Other financial assets

8

8

Non-current assets

11,605

10,947

Inventories

179

168

Receivables

316

296

Corporate income tax

16

25

Other financial assets (current)

55

5

Cash and cash equivalents

363

46

Current assets

929

540

Total assets

12,534

11,487

€ Million

30 June 2025

31 December 2024

Liabilities

Issued and paid-up share capital

150

150

Share premium reserve

2,436

2,436

General reserve

2,825

2,698

Profit for the year

192

254

Equity

5,603

5,538

Non-current interest-bearing liabilities

4,065

3,562

Non-current provisions

16

15

Advance contributions for the installation of grids and connections

1,323

1,281

Deferred corporate income tax

441

441

Other non-current liabilities

1

1

Non-current liabilities

5,846

5,300

Trade and other payables

505

518

Current interest-bearing liabilities

529

81

Current provisions

12

12

Advance contributions to be amortised in the following year

39

38

Current liabilities

1,085

649

Total liabilities

12,534

11,487