Consolidated income statement 2023

(in millions of euros)

2023

2022*

2

Revenue

3,763

3,055

2

Additional government contributions related to COVID-19

60

286

Total revenue

3,823

3,341

3

Personnel costs

1,673

1,466

4

Depreciation, amortisation and (reversal of) impairment losses

995

43

5

Use of raw materials, consumables and inventories

341

292

6

Own capitalised production

-72

-68

7

Costs of subcontracted work and other external costs

500

431

8

Infrastructure levies and franchise fees

634

515

9

Other operating expenses

291

271

Operating expenses

4,362

2,950

16

Share in result of investments accounted for using the equity method

-1

-

Result from operating activities

-540

391

Finance income

101

201

Finance expense

-58

-28

27

Net financing result

43

173

Result before income tax

-497

564

10

Income tax

107

-37

Result from continuing operations

-390

527

Discontinued operations

1

Result from discontinued operations, after tax**

10

54

Result for the period

-380

581

Attributable to:

The company’s shareholder

-380

574

Minority interest

-

7

Result for the period

-380

581

  • *Due to adjustment of the value of negative goodwill within one year of acquisition, financial income was retrospectively adjusted by €5 million negative. The comparative figures for 2022 have been adjusted for this. See note 32.
  • **Of the profit from discontinued operations of €10 million (2022: profit of €54 million), an amount of €10 million is attributable to the company’s shareholder (2022: €47 million).
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