VERBUND AG (VIE:VER)

VERBUND AG 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	7,939	10,142	10,057	4,568	3,311
Other Revenue	318.56	328.56	300.81	219.19	145.45
Revenue	8,258	10,471	10,357	4,787	3,457
Revenue Growth (YoY)	-21.13%	1.09%	116.35%	38.49%	-11.49%
Fuel & Purchased Power	3,992	5,668	7,324	2,863	1,483
Selling, General & Admin	4.6	6	3.7	-	15.4
Depreciation & Amortization	577.75	536.97	462.69	417.27	378.77
Other Operating Expenses	787.95	311.16	-113.38	367.08	667.72
Total Operating Expenses	5,362	6,522	7,678	3,647	2,545
Operating Income	2,896	3,949	2,680	1,140	911.73
Interest Expense	-125.18	-143.19	-94.7	-77.81	-81.03
Interest Income	81.81	69.27	42.23	42.08	34.33
Net Interest Expense	-43.37	-73.92	-52.47	-35.73	-46.7
Income (Loss) on Equity Investments	112.22	92.95	12.31	54.37	39.11
Currency Exchange Gain (Loss)	-	-	-	-	-0.2
Other Non-Operating Income (Expenses)	-30.18	25.67	-33.36	3.76	-2.1
EBT Excluding Unusual Items	2,934	3,993	2,606	1,163	901.84
Impairment of Goodwill	-	-78.4	-133.5	-	-
Gain (Loss) on Sale of Investments	-	-	1.3	-	-
Gain (Loss) on Sale of Assets	0.7	1.6	3.1	1	0.5
Asset Writedown	-163.01	-362.38	15.26	103.66	11.3
Insurance Settlements	6.2	3.4	7.9	20.3	1.8
Other Unusual Items	-	-	31.6	-23.3	32.9
Pretax Income	2,778	3,557	2,532	1,264	948.34
Income Tax Expense	638.49	825.3	583.35	279.37	238.87
Earnings From Continuing Ops.	2,140	2,732	1,949	985.09	709.46
Net Income to Company	2,140	2,732	1,949	985.09	709.46
Minority Interest in Earnings	-264.43	-465.99	-231.75	-111.53	-78.04
Net Income	1,875	2,266	1,717	873.56	631.43
Net Income to Common	1,875	2,266	1,717	873.56	631.43
Net Income Growth	-17.25%	31.98%	96.55%	38.35%	13.81%
Shares Outstanding (Basic)	347	347	347	347	347
Shares Outstanding (Diluted)	347	347	347	347	347
EPS (Basic)	5.40	6.52	4.94	2.51	1.82
EPS (Diluted)	5.40	6.52	4.94	2.51	1.82
EPS Growth	-17.25%	31.98%	96.55%	38.35%	13.81%
Free Cash Flow	2,111	3,684	928.63	-755.88	579.79
Free Cash Flow Per Share	6.08	10.61	2.67	-2.18	1.67
Dividend Per Share	2.800	3.400	2.440	1.050	0.750
Dividend Growth	-17.65%	39.34%	132.38%	40.00%	8.70%
Profit Margin	22.71%	21.64%	16.58%	18.25%	18.27%
Free Cash Flow Margin	25.56%	35.19%	8.97%	-15.79%	16.77%
EBITDA	3,458	4,473	3,133	1,528	1,255
EBITDA Margin	41.87%	42.72%	30.25%	31.92%	36.31%
D&A For EBITDA	562.13	524.22	452.98	387.65	343.31
EBIT	2,896	3,949	2,680	1,140	911.73
EBIT Margin	35.06%	37.71%	25.87%	23.82%	26.38%
Effective Tax Rate	22.98%	23.20%	23.04%	22.09%	25.19%

Updated Mar 20, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.