Consolidated income statement 2024

(in millions of euros)

2024

2023*

2

Revenue

3,582

3,360

2

Additional government contributions

120

60

Total revenue

3,702

3,420

3

Personnel costs

1,765

1,588

4

Depreciation and impairment losses

462

817

5

Cost of raw and auxiliary materials

329

303

6

Own capitalised production

-63

-72

7

Costs of subcontracted work and other external costs

487

463

8

Infrastructure levies and franchise fees

533

473

9

Other operating expenses

339

274

Operating expenses

3,852

3,846

16

Share in result of investments accounted for using the equity method

2

-1

Result from operating activities

-148

-427

Finance income

60

100

Finance expense

-30

-52

27

Net financing result

30

48

Result before income tax

-118

-379

10

Income tax

-6

111

Result from continuing operations

-124

-268

Discontinued operations

1

Result from discontinued operations, after tax**

-17

-112

Result for the period

-141

-380

Attributable to:

The company’s shareholder

-141

-380

Minority interest

-

-

Result for the period

-141

-380

  • *Adjusted for result from discontinued operations of ATH GmbH.
  • **The loss from discontinued operations of €17 million (2023: loss of €112 million) is attributable in full to the company’s shareholder.
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