Scatec ASA Income Statement

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

Millions NOK. 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
Other Revenue	1	-	-	-	-
Revenue	3,629	4,368	3,399	3,002	3,038
Revenue Growth (YoY)	-16.92%	28.51%	13.23%	-1.19%	9.68%
Selling, General & Admin	-	358	239	210	182
Depreciation & Amortization	1,115	1,148	878	886	816
Other Operating Expenses	1,224	795	915	986	718
Total Operating Expenses	2,339	2,301	2,032	2,082	1,716
Operating Income	1,290	2,067	1,367	920	1,322
Interest Expense	-2,280	-2,564	-1,727	-1,424	-1,303
Interest Income	281	152	162	92	43
Net Interest Expense	-1,999	-2,412	-1,565	-1,332	-1,260
Income (Loss) on Equity Investments	964	714	46	749	765
Currency Exchange Gain (Loss)	229	-175	161	-357	71
Other Non-Operating Income (Expenses)	-2	-75	-213	-130	-63
EBT Excluding Unusual Items	482	119	-204	-150	835
Gain (Loss) on Sale of Assets	645	1,491	1,276	-	-
Asset Writedown	-53	-146	-64	-946	-76
Pretax Income	1,074	1,464	1,008	-1,096	759
Income Tax Expense	20	-22	-114	132	303
Earnings From Continuing Ops.	1,054	1,486	1,122	-1,228	456
Minority Interest in Earnings	-9	-177	-494	-106	-68
Net Income	1,045	1,309	628	-1,334	388
Net Income to Common	1,045	1,309	628	-1,334	388
Net Income Growth	-20.17%	108.44%	-	-	-
Shares Outstanding (Basic)	159	159	159	159	159
Shares Outstanding (Diluted)	160	159	159	159	160
Shares Change (YoY)	0.56%	-	-	-0.50%	17.51%
EPS (Basic)	6.58	8.24	3.95	-8.40	2.44
EPS (Diluted)	6.54	8.24	3.95	-8.40	2.43
EPS Growth	-20.61%	108.55%	-	-	-
Free Cash Flow	-3,569	-140	-5,144	-1,230	1,105
Free Cash Flow Per Share	-22.34	-0.88	-32.37	-7.74	6.92
Dividend Per Share	-	-	-	1.940	2.540
Dividend Growth	-	-	-	-23.62%	133.03%
Profit Margin	28.80%	29.97%	18.48%	-44.44%	12.77%
Free Cash Flow Margin	-98.35%	-3.21%	-151.34%	-40.97%	36.37%
EBITDA	2,405	3,177	2,207	1,770	2,138
EBITDA Margin	66.27%	72.73%	64.93%	58.96%	70.38%
D&A For EBITDA	1,115	1,110	840	850	816
EBIT	1,290	2,067	1,367	920	1,322
EBIT Margin	35.55%	47.32%	40.22%	30.65%	43.52%
Effective Tax Rate	1.86%	-	-	-	39.92%
Revenue as Reported	5,238	6,574	4,721	3,751	3,803

Source: S&P Global Market Intelligence. Utility template. Financial Sources.