Italgas S.p.A. (BIT: IG)

Italgas Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	2,494	2,564	2,183	2,098	2,058	1,820
Other Revenue	48.5	48.5	65.61	36.1	38.9	34.96
Revenue	2,542	2,613	2,248	2,135	2,097	1,855
Revenue Growth (YoY)	0.98%	16.21%	5.33%	1.80%	13.04%	14.84%
Selling, General & Admin	91.37	91.37	110.28	94.16	95.58	84.75
Depreciation & Amortization	552.43	522.53	478.29	444.39	421.42	361.27
Provision for Bad Debts	0.12	0.12	-0.34	0.32	-0.02	-
Other Operating Expenses	1,115	1,274	1,062	1,028	976.35	867.37
Total Operating Expenses	1,759	1,889	1,651	1,567	1,493	1,313
Operating Income	783.18	724.18	597.67	568.06	603.5	541.58
Interest Expense	-104.66	-90.86	-52.31	-47.3	-46.06	-60.16
Interest Income	5.75	5.75	0.22	0.82	0.32	0.21
Net Interest Expense	-98.91	-85.11	-52.09	-46.48	-45.74	-59.95
Income (Loss) on Equity Investments	9.39	1.39	2.72	0.39	-	85.9
Other Non-Operating Income (Expenses)	6.09	6.09	15.1	12.17	16.15	25.21
EBT Excluding Unusual Items	699.75	646.55	563.4	534.14	573.9	592.73
Gain (Loss) on Sale of Investments	1.65	1.65	0.66	2.01	1.47	14.88
Gain (Loss) on Sale of Assets	-39.09	-39.09	25.33	-3.55	1.15	4.41
Asset Writedown	-23.02	-23.02	-0.9	-0.86	-18.63	-46.2
Other Unusual Items	-	-	-	-6.43	-	-18.3
Pretax Income	639.3	586.1	588.5	525.3	557.88	547.53
Income Tax Expense	136.13	118.63	152.37	141.88	152.63	123.93
Earnings From Continuing Ops.	503.17	467.47	436.13	383.42	405.25	423.6
Minority Interest in Earnings	-25.7	-27.9	-28.84	-20.61	-20.62	-6.36
Net Income	477.47	439.57	407.29	362.81	384.63	417.24
Net Income to Common	477.47	439.57	407.29	362.81	384.63	417.24
Net Income Growth	8.99%	7.93%	12.26%	-5.67%	-7.82%	33.01%
Shares Outstanding (Basic)	811	811	815	806	801	802
Shares Outstanding (Diluted)	811	811	815	806	801	802
Shares Change (YoY)	-	-0.47%	1.03%	0.62%	-0.13%	-0.24%
EPS (Basic)	0.59	0.54	0.50	0.45	0.48	0.52
EPS (Diluted)	0.59	0.54	0.50	0.45	0.48	0.52
EPS Growth	-	8.00%	11.11%	-6.25%	-7.69%	33.33%
Free Cash Flow	-	548.14	537.52	808.8	722.16	689.7
Free Cash Flow Per Share	-	0.68	0.66	1.00	0.90	0.86
Dividend Per Share	-	0.352	0.317	0.295	0.277	0.256
Dividend Growth	-	11.04%	7.46%	6.50%	8.20%	9.40%
Profit Margin	18.78%	16.82%	18.12%	17.00%	18.34%	22.49%
Free Cash Flow Margin	-	20.98%	23.91%	37.89%	34.44%	37.18%
EBITDA	1,305	1,217	1,051	989.51	1,022	932.24
EBITDA Margin	51.35%	46.58%	46.76%	46.36%	48.76%	50.26%
D&A For EBITDA	522.22	492.84	453.67	421.45	418.89	390.66
EBIT	783.18	724.18	597.67	568.06	603.5	541.58
EBIT Margin	30.81%	27.72%	26.58%	26.61%	28.78%	29.20%
Effective Tax Rate	21.29%	20.24%	25.89%	27.01%	27.36%	22.63%
Revenue as Reported	2,639	2,639	2,312	2,163	2,127	1,893

Source: S&P Capital IQ. Utility template. Financial Sources.