CEZ, a. s. Income Statement

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

Millions CZK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	337,905	340,323	336,384	281,053	224,822	209,522
Other Revenue	192	190	383	4,480	192	123
Revenue	338,097	340,513	336,767	285,533	225,014	209,645
Revenue Growth (YoY)	1.12%	1.11%	17.94%	26.90%	7.33%	3.83%
Fuel & Purchased Power	94,562	104,759	123,424	115,043	87,224	79,597
Operations & Maintenance	5,553	5,553	5,107	5,222	5,050	5,467
Selling, General & Admin	29	29	91	37	-	-
Depreciation & Amortization	55,961	41,709	35,336	32,757	31,628	28,284
Provision for Bad Debts	878	685	443	377	-602	544
Other Operating Expenses	96,731	92,099	83,216	33,805	70,551	59,687
Total Operating Expenses	253,714	244,834	247,617	187,241	193,851	173,579
Operating Income	84,383	95,679	89,150	98,292	31,163	36,066
Interest Expense	-15,899	-14,627	-13,588	-7,874	-6,220	-7,224
Interest Income	3,449	3,607	6,289	3,815	1,937	1,850
Net Interest Expense	-12,450	-11,020	-7,299	-4,059	-4,283	-5,374
Income (Loss) on Equity Investments	-537	-79	832	897	-534	188
Currency Exchange Gain (Loss)	1,059	1,059	1,098	-4,433	689	1,242
Other Non-Operating Income (Expenses)	134	484	531	5,420	1,202	-631
EBT Excluding Unusual Items	72,589	86,123	84,312	96,117	28,237	31,491
Impairment of Goodwill	-	-	-	-	-	-2,848
Gain (Loss) on Sale of Investments	-441	-441	-797	390	938	242
Gain (Loss) on Sale of Assets	276	316	801	252	304	235
Asset Writedown	-1,169	-2,565	-5,301	2,570	-15,799	-21,214
Other Unusual Items	7	7	1	294	-254	-
Pretax Income	71,262	83,440	79,016	99,623	13,426	7,906
Income Tax Expense	42,260	52,926	49,442	18,918	3,517	2,438
Earnings From Continuing Ops.	29,002	30,514	29,574	80,705	9,909	5,468
Minority Interest in Earnings	-158	-581	-50	81	-118	-30
Net Income	28,844	29,933	29,524	80,786	9,791	5,438
Net Income to Common	28,844	29,933	29,524	80,786	9,791	5,438
Net Income Growth	25.34%	1.39%	-63.45%	725.11%	80.05%	-62.17%
Shares Outstanding (Basic)	537	537	537	537	536	535
Shares Outstanding (Diluted)	537	537	537	537	536	535
Shares Change (YoY)	-0.02%	-	0.00%	0.09%	0.16%	0.02%
EPS (Basic)	53.76	55.76	55.00	150.50	18.26	10.16
EPS (Diluted)	53.76	55.76	55.00	150.50	18.26	10.16
EPS Growth	25.36%	1.39%	-63.46%	724.24%	79.80%	-62.11%
Free Cash Flow	17,304	70,319	92,726	-28,856	26,930	40,599
Free Cash Flow Per Share	32.25	130.99	172.74	-53.76	50.21	75.82
Dividend Per Share	47.000	47.000	52.000	145.000	48.000	52.000
Dividend Growth	-9.62%	-9.62%	-64.14%	202.08%	-7.69%	52.94%
Profit Margin	8.53%	8.79%	8.77%	28.29%	4.35%	2.59%
Free Cash Flow Margin	5.12%	20.65%	27.53%	-10.11%	11.97%	19.37%
EBITDA	141,475	138,215	125,882	133,156	65,170	66,605
EBITDA Margin	41.84%	40.59%	37.38%	46.63%	28.96%	31.77%
D&A For EBITDA	57,092	42,536	36,732	34,864	34,007	30,539
EBIT	84,383	95,679	89,150	98,292	31,163	36,066
EBIT Margin	24.96%	28.10%	26.47%	34.42%	13.85%	17.20%
Effective Tax Rate	59.30%	63.43%	62.57%	18.99%	26.20%	30.84%
Revenue as Reported	340,968	344,709	340,585	288,485	227,793	213,737

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