CEZ, a. s. (PRA:CEZ)

CEZ, a. s. Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	346,242	340,323	336,384	281,053	224,822	209,522
Other Revenue	196	190	383	4,480	192	123
Revenue	346,438	340,513	336,767	285,533	225,014	209,645
Revenue Growth (YoY)	4.76%	1.11%	17.94%	26.90%	7.33%	3.83%
Fuel & Purchased Power	106,589	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	47,479	41,709	35,336	32,757	31,628	28,284
Provision for Bad Debts	786	685	443	377	-602	544
Other Operating Expenses	93,456	92,099	83,216	33,805	70,551	59,687
Total Operating Expenses	253,892	244,834	247,617	187,241	193,851	173,579
Operating Income	92,546	95,679	89,150	98,292	31,163	36,066
Interest Expense	-15,277	-14,627	-13,588	-7,874	-6,220	-7,224
Interest Income	3,609	3,607	6,289	3,815	1,937	1,850
Net Interest Expense	-11,668	-11,020	-7,299	-4,059	-4,283	-5,374
Income (Loss) on Equity Investments	-112	-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)	697	484	531	5,420	1,202	-631
EBT Excluding Unusual Items	82,522	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	321	316	801	252	304	235
Asset Writedown	-2,589	-2,565	-5,301	2,570	-15,799	-21,214
Other Unusual Items	7	7	1	294	-254	-
Pretax Income	79,820	83,440	79,016	99,623	13,426	7,906
Income Tax Expense	50,108	52,926	49,442	18,918	3,517	2,438
Earnings From Continuing Ops.	29,712	30,514	29,574	80,705	9,909	5,468
Minority Interest in Earnings	-652	-581	-50	81	-118	-30
Net Income	29,060	29,933	29,524	80,786	9,791	5,438
Net Income to Common	29,060	29,933	29,524	80,786	9,791	5,438
Net Income Growth	-9.99%	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)	-0.08%	-	0.00%	0.09%	0.16%	0.02%
EPS (Basic)	54.15	55.76	55.00	150.50	18.26	10.16
EPS (Diluted)	54.15	55.76	55.00	150.50	18.26	10.16
EPS Growth	-9.92%	1.39%	-63.46%	724.24%	79.80%	-62.11%
Free Cash Flow	58,851	70,319	92,726	-28,856	26,930	40,599
Free Cash Flow Per Share	109.66	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	8.39%	8.79%	8.77%	28.29%	4.35%	2.59%
Free Cash Flow Margin	16.99%	20.65%	27.53%	-10.11%	11.97%	19.37%
EBITDA	140,920	138,215	125,882	133,156	65,170	66,605
EBITDA Margin	40.68%	40.59%	37.38%	46.63%	28.96%	31.77%
D&A For EBITDA	48,374	42,536	36,732	34,864	34,007	30,539
EBIT	92,546	95,679	89,150	98,292	31,163	36,066
EBIT Margin	26.71%	28.10%	26.47%	34.42%	13.85%	17.20%
Effective Tax Rate	62.78%	63.43%	62.57%	18.99%	26.20%	30.84%
Revenue as Reported	350,703	344,709	340,585	288,485	227,793	213,737

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