REN - Redes Energéticas Nacionais, SGPS, S.A. (ELI:RENE)

ELI:RENE Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	982.87	947.88	785.65	803.53	724.15
Other Revenue	-	1.45	1.43	1.77	1.16
Revenue	982.87	949.34	787.08	805.31	725.31
Revenue Growth (YoY)	3.53%	20.61%	-2.26%	11.03%	-3.65%
Operations & Maintenance	-	17.06	17.77	20.31	20.73
Selling, General & Admin	-	1.2	1.08	1.21	0.94
Depreciation & Amortization	254.69	253.2	249.28	241.94	241.17
Other Operating Expenses	530.16	442.7	307.88	346.82	260.21
Total Operating Expenses	784.85	714.16	576.01	610.29	523.04
Operating Income	198.02	235.18	211.07	195.02	202.27
Interest Expense	-93.8	-65.96	-49.22	-45.83	-56.53
Interest Income	37.07	36.96	17.23	10.9	10.23
Net Interest Expense	-56.73	-29	-31.98	-34.93	-46.3
Income (Loss) on Equity Investments	11.83	12.85	11.81	6.43	7.5
Currency Exchange Gain (Loss)	-	-3.07	-3.99	-2.32	-0.27
Other Non-Operating Income (Expenses)	37.03	7.76	8.59	13.39	18.92
EBT Excluding Unusual Items	190.15	223.72	195.49	177.59	182.12
Impairment of Goodwill	-	-0.38	-0.38	-0.38	-0.38
Asset Writedown	0.06	-3.1	-1.06	-0.94	0.46
Other Unusual Items	-22.69	-28.36	-28.02	-27.04	-28.1
Pretax Income	167.52	191.89	166.03	149.23	154.11
Income Tax Expense	15.01	42.66	54.26	52.08	44.86
Net Income	152.51	149.24	111.77	97.15	109.25
Net Income to Common	152.51	149.24	111.77	97.15	109.25
Net Income Growth	2.20%	33.52%	15.05%	-11.07%	-8.12%
Shares Outstanding (Basic)	663	663	663	663	663
Shares Outstanding (Diluted)	663	663	663	663	663
Shares Change (YoY)	-0.03%	-	-	-	-
EPS (Basic)	0.23	0.22	0.17	0.15	0.16
EPS (Diluted)	0.23	0.22	0.17	0.15	0.16
EPS Growth	2.23%	33.52%	15.05%	-11.07%	-8.12%
Free Cash Flow	609.59	-375.09	607.2	695.2	362.28
Free Cash Flow Per Share	0.92	-0.56	0.92	1.05	0.55
Dividend Per Share	0.157	0.154	0.154	0.154	0.171
Dividend Growth	1.95%	-	-	-9.94%	-
Profit Margin	15.52%	15.72%	14.20%	12.06%	15.06%
Free Cash Flow Margin	62.02%	-39.51%	77.15%	86.33%	49.95%
EBITDA	452.71	488.38	460.34	436.96	443.43
EBITDA Margin	46.06%	51.44%	58.49%	54.26%	61.14%
D&A For EBITDA	254.69	253.2	249.28	241.94	241.17
EBIT	198.02	235.18	211.07	195.02	202.27
EBIT Margin	20.15%	24.77%	26.82%	24.22%	27.89%
Effective Tax Rate	8.96%	22.23%	32.68%	34.90%	29.11%
Revenue as Reported	1,032	991.18	824.68	838.35	758.33

Updated Mar 6, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.