CNTEE Transelectrica Income Statement

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

Millions RON. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	5,513	7,623	4,616	5,898	3,699
Other Revenue	101.25	178.5	108.73	409.86	85.43
Revenue	5,615	7,802	4,725	6,307	3,784
Revenue Growth (YoY)	-28.04%	65.13%	-25.09%	66.69%	58.13%
Operations & Maintenance	81.89	66.41	55.45	51.38	60.29
Selling, General & Admin	7.12	-	6.73	6.5	5.04
Depreciation & Amortization	311.53	297.31	340.45	281.22	283.79
Provision for Bad Debts	6.45	-	-	-	-
Other Operating Expenses	4,793	6,891	4,081	5,364	3,423
Total Operating Expenses	5,200	7,254	4,484	5,704	3,773
Operating Income	414.71	547.69	241.05	603.84	11.49
Interest Expense	-8.39	-10.01	-9.94	-10.88	-8.39
Interest Income	11.9	7.22	6.48	3.06	2.6
Net Interest Expense	3.51	-2.79	-3.46	-7.82	-5.79
Income (Loss) on Equity Investments	-0.38	-	-	-	-
Currency Exchange Gain (Loss)	-2.29	-1.83	-0.01	-2.77	-3.36
Other Non-Operating Income (Expenses)	22.17	14.3	1.11	2.38	-0.08
EBT Excluding Unusual Items	437.72	557.37	238.69	595.62	2.26
Gain (Loss) on Sale of Assets	-2.81	-	-	-	-
Asset Writedown	7.23	-	-	-	-
Pretax Income	442.14	557.37	238.69	595.62	2.26
Income Tax Expense	1.98	0.4	21.25	73.99	0.96
Earnings From Continuing Ops.	440.16	556.97	217.45	521.63	1.3
Net Income	440.16	556.97	217.45	521.63	1.3
Net Income to Common	440.16	556.97	217.45	521.63	1.3
Net Income Growth	-20.97%	156.14%	-58.31%	39902.53%	-99.09%
Shares Outstanding (Basic)	73	73	73	73	73
Shares Outstanding (Diluted)	73	73	73	73	73
EPS (Basic)	6.00	7.60	2.97	7.12	0.02
EPS (Diluted)	6.00	7.60	2.97	7.12	0.02
EPS Growth	-20.97%	156.14%	-58.31%	39902.84%	-99.09%
Free Cash Flow	132.11	168.28	219.77	19.94	-296
Free Cash Flow Per Share	1.80	2.30	3.00	0.27	-4.04
Dividend Per Share	0.480	3.810	0.280	0.710	-
Dividend Growth	-87.40%	1260.71%	-60.56%	-	-
Profit Margin	7.84%	7.14%	4.60%	8.27%	0.03%
Free Cash Flow Margin	2.35%	2.16%	4.65%	0.32%	-7.82%
EBITDA	716.68	836.29	572.85	876.05	286.74
EBITDA Margin	12.77%	10.72%	12.12%	13.89%	7.58%
D&A For EBITDA	301.97	288.6	331.8	272.22	275.25
EBIT	414.71	547.69	241.05	603.84	11.49
EBIT Margin	7.39%	7.02%	5.10%	9.57%	0.30%
Effective Tax Rate	0.45%	0.07%	8.90%	12.42%	42.30%
Revenue as Reported	-	-	4,725	6,307	3,784

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.