|
€ Million |
1st half year 2025 |
1st half year 2025 |
|
Profit for the year |
192 |
122 |
|
Adjustments for: |
||
|
Depreciation and decommissioning |
254 |
237 |
|
Amortised contributions for installation of grids and connections |
-20 |
-18 |
|
Received contributions for installation of grids and connections |
63 |
52 |
|
Change in deferred corporate income tax |
0 |
27 |
|
Change in non-current provisions |
1 |
0 |
|
Financial income |
-3 |
-3 |
|
Financial expenses |
36 |
25 |
|
Corporate income tax expense recognised through profit or loss |
67 |
15 |
|
Change in operational working capital excluding tax and interest |
-32 |
-46 |
|
Interest received |
0 |
0 |
|
Interest paid |
-45 |
-28 |
|
Corporate income tax paid or received |
-58 |
-21 |
|
Cash flow from operating activities |
455 |
362 |
|
Investments in property, plant and equipment |
-862 |
-622 |
|
Investments in intangible assets |
-27 |
-26 |
|
Cash flow from investing in (in)tangible fixed assets |
-889 |
-648 |
|
Cash flow from operating activities and investing in (in)tangible fixed assets |
-434 |
-286 |
|
Loans granted |
-1 |
-3 |
|
Repayment of loans granted |
1 |
3 |
|
Increase in deposits1 |
-350 |
0 |
|
Decrease in deposits1 |
300 |
0 |
|
Cash flow from other investing activities |
-50 |
0 |
|
Cash flow from investing activities |
-939 |
-648 |
|
Cash flow before financing activities |
-484 |
-286 |
|
Green bond issue |
993 |
494 |
|
Increase interest-bearing liabilities2 |
546 |
658 |
|
Repayment of interest-bearing liabilities2 |
-595 |
-658 |
|
Repayment of lease liability |
-16 |
-15 |
|
Dividend paid |
-127 |
-36 |
|
Cash flow from financing activities |
801 |
443 |
|
Total cash flows |
317 |
157 |
|
Cash and cash equivalents at the beginning of the financial year |
46 |
127 |
|
Cash and cash equivalents at the end of the financial year |
363 |
284 |
bilateral cash loans and issuance and redemption of notes.