CEZ, a. s. (WSE:CEZ)

CEZ, a. s. Income Statement

Financials in millions CZK. 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	340,323	336,384	281,053	224,822	209,522
Other Revenue	190	392	4,480	192	123
Revenue	340,513	336,776	285,533	225,014	209,645
Revenue Growth (YoY)	1.11%	17.95%	26.90%	7.33%	3.83%
Fuel & Purchased Power	104,759	123,424	115,043	87,224	79,597
Operations & Maintenance	5,553	5,107	5,222	5,050	5,467
Selling, General & Admin	-	91	37	-	-
Depreciation & Amortization	41,709	35,336	32,757	31,628	28,284
Provision for Bad Debts	685	443	377	-602	544
Other Operating Expenses	92,128	83,216	33,805	70,551	59,687
Total Operating Expenses	244,834	247,617	187,241	193,851	173,579
Operating Income	95,679	89,159	98,292	31,163	36,066
Interest Expense	-14,627	-13,588	-7,874	-6,220	-7,224
Interest Income	3,607	6,289	3,815	1,937	1,850
Net Interest Expense	-11,020	-7,299	-4,059	-4,283	-5,374
Income (Loss) on Equity Investments	-79	832	897	-534	188
Currency Exchange Gain (Loss)	1,059	1,097	-4,433	689	1,242
Other Non-Operating Income (Expenses)	484	532	5,420	1,202	-631
EBT Excluding Unusual Items	86,123	84,321	96,117	28,237	31,491
Impairment of Goodwill	-	-	-	-	-2,848
Gain (Loss) on Sale of Investments	-441	-797	390	938	242
Gain (Loss) on Sale of Assets	316	792	252	304	235
Asset Writedown	-2,565	-5,301	2,570	-15,799	-21,214
Other Unusual Items	7	1	294	-254	-
Pretax Income	83,440	79,016	99,623	13,426	7,906
Income Tax Expense	52,926	49,442	18,918	3,517	2,438
Earnings From Continuing Ops.	30,514	29,574	80,705	9,909	5,468
Minority Interest in Earnings	-581	-50	81	-118	-30
Net Income	29,933	29,524	80,786	9,791	5,438
Net Income to Common	29,933	29,524	80,786	9,791	5,438
Net Income Growth	1.39%	-63.45%	725.11%	80.05%	-62.17%
Shares Outstanding (Basic)	537	537	537	536	535
Shares Outstanding (Diluted)	537	537	537	536	535
Shares Change (YoY)	-	0.00%	0.09%	0.16%	0.02%
EPS (Basic)	55.76	55.00	150.50	18.26	10.16
EPS (Diluted)	55.76	55.00	150.50	18.26	10.16
EPS Growth	1.39%	-63.46%	724.24%	79.80%	-62.11%
Free Cash Flow	70,319	92,775	-28,856	26,930	40,599
Free Cash Flow Per Share	130.99	172.83	-53.76	50.21	75.82
Dividend Per Share	-	52.000	145.000	48.000	52.000
Dividend Growth	-	-64.14%	202.08%	-7.69%	52.94%
Profit Margin	8.79%	8.77%	28.29%	4.35%	2.59%
Free Cash Flow Margin	20.65%	27.55%	-10.11%	11.97%	19.37%
EBITDA	138,215	125,891	133,156	65,170	66,605
EBITDA Margin	40.59%	37.38%	46.63%	28.96%	31.77%
D&A For EBITDA	42,536	36,732	34,864	34,007	30,539
EBIT	95,679	89,159	98,292	31,163	36,066
EBIT Margin	28.10%	26.47%	34.42%	13.85%	17.20%
Effective Tax Rate	63.43%	62.57%	18.99%	26.20%	30.84%
Revenue as Reported	344,709	340,585	288,485	227,793	213,737

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.