VERBUND AG (OEZVY)

VERBUND AG 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	6,161	10,142	10,057	4,568	3,311	3,757
Other Revenue	358.02	328.62	300.81	219.19	145.45	148.33
Revenue	6,519	10,471	10,357	4,787	3,457	3,906
Revenue Growth (YoY)	-47.98%	1.10%	116.35%	38.49%	-11.49%	45.73%
Fuel & Purchased Power	3,479	5,668	7,324	2,863	1,483	2,203
Selling, General & Admin	6	6	3.7	-	15.4	15.4
Depreciation & Amortization	576.17	536.97	462.69	417.27	378.77	364.22
Other Operating Expenses	-509.49	329.51	-113.38	367.08	667.72	504.3
Total Operating Expenses	3,552	6,541	7,678	3,647	2,545	3,087
Operating Income	2,967	3,930	2,680	1,140	911.73	818.6
Interest Expense	-99.59	-124.89	-94.7	-77.81	-81.03	-110.4
Interest Income	82.37	72.07	42.23	42.08	34.33	76.86
Net Interest Expense	-17.22	-52.82	-52.47	-35.73	-46.7	-33.54
Income (Loss) on Equity Investments	120.75	92.95	12.31	54.37	39.11	46.9
Currency Exchange Gain (Loss)	-	-	-	-	-0.2	-
Other Non-Operating Income (Expenses)	17.07	11.47	-33.36	3.76	-2.1	-83.15
EBT Excluding Unusual Items	3,087	3,982	2,606	1,163	901.84	748.81
Impairment of Goodwill	-78.4	-78.4	-133.5	-	-	-
Gain (Loss) on Sale of Investments	9.9	9.9	1.3	-	-	-
Gain (Loss) on Sale of Assets	1.6	1.6	3.1	1	0.5	-0.9
Asset Writedown	-529.18	-362.38	15.26	103.66	11.3	63
Insurance Settlements	3.4	3.4	7.9	20.3	1.8	1.6
Other Unusual Items	-15.2	1.5	31.6	-23.3	32.9	-
Pretax Income	2,479	3,557	2,532	1,264	948.34	812.52
Income Tax Expense	545.8	825.3	583.35	279.37	238.87	171.8
Earnings From Continuing Ops.	1,933	2,732	1,949	985.09	709.46	640.71
Net Income to Company	1,933	2,732	1,949	985.09	709.46	640.71
Minority Interest in Earnings	-260.69	-465.99	-231.75	-111.53	-78.04	-85.9
Net Income	1,673	2,266	1,717	873.56	631.43	554.82
Net Income to Common	1,673	2,266	1,717	873.56	631.43	554.82
Net Income Growth	-36.46%	31.98%	96.55%	38.35%	13.81%	28.08%
Shares Outstanding (Basic)	347	347	347	347	347	347
Shares Outstanding (Diluted)	347	347	347	347	347	347
EPS (Basic)	4.81	6.52	4.94	2.51	1.82	1.60
EPS (Diluted)	4.81	6.52	4.94	2.51	1.82	1.60
EPS Growth	-36.46%	31.98%	96.55%	38.35%	13.81%	28.08%
Free Cash Flow	2,199	3,684	928.63	-755.88	579.79	813.13
Free Cash Flow Per Share	6.33	10.61	2.67	-2.18	1.67	2.34
Dividend Per Share	3.400	3.400	2.440	1.050	0.750	0.690
Dividend Growth	39.34%	39.34%	132.38%	40.00%	8.70%	64.29%
Profit Margin	25.66%	21.64%	16.58%	18.25%	18.27%	14.21%
Free Cash Flow Margin	33.73%	35.19%	8.97%	-15.79%	16.77%	20.82%
EBITDA	3,527	4,454	3,133	1,528	1,255	1,148
EBITDA Margin	54.10%	42.54%	30.25%	31.92%	36.31%	29.40%
D&A For EBITDA	560.12	524.12	452.98	387.65	343.31	329.61
EBIT	2,967	3,930	2,680	1,140	911.73	818.6
EBIT Margin	45.51%	37.53%	25.87%	23.82%	26.37%	20.96%
Effective Tax Rate	22.01%	23.20%	23.04%	22.09%	25.19%	21.14%

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