Universal Registration Document - Fiscal 2024

4.1 Consolidated financial statements

4. Consolidated financial statements

4.1 Consolidated financial statements

4.1 Consolidated financial statements

4.1.1 Consolidated income statement

(in million euros) NOTES FISCAL 2024 FISCAL 2023
Revenues RevenuesNOTES4.1 RevenuesFISCAL 202423,798 RevenuesFISCAL 202322,637
Cost of sales Cost of salesNOTES4.2 Cost of salesFISCAL 2024(20,953) Cost of salesFISCAL 2023(19,917)
Gross profit Gross profitNOTESnot included Gross profitFISCAL 20242,845 Gross profitFISCAL 20232,720
Selling, General and Administrative costs

Selling, General and Administrative costs

NOTES

4.2

Selling, General and Administrative costs

FISCAL 2024

(1,741)

Selling, General and Administrative costs

FISCAL 2023

(1,753)

Share of profit of companies accounted for using the equity method that directly contribute to the Group’s business

Share of profit of companies accounted for using the equity method that directly contribute to the Group’s business

NOTES

8

Share of profit of companies accounted for using the equity method that directly contribute to the Group’s business

FISCAL 2024

5

Share of profit of companies accounted for using the equity method that directly contribute to the Group’s business

FISCAL 2023

9

Underlying operating profit Underlying operating profitNOTES4.1 Underlying operating profitFISCAL 20241,109 Underlying operating profitFISCAL 2023976
Other operating income

Other operating income

NOTES

4.2

Other operating income

FISCAL 2024

91

Other operating income

FISCAL 2023

4

Other operating expenses

Other operating expenses

NOTES

4.2

Other operating expenses

FISCAL 2024

(149)

Other operating expenses

FISCAL 2023

(133)

Operating profit Operating profitNOTESnot included Operating profitFISCAL 20241,051 Operating profitFISCAL 2023847
Financial income

Financial income

NOTES

12.1

Financial income

FISCAL 2024

120

Financial income

FISCAL 2023

90

Financial expenses

Financial expenses

NOTES

12.1

Financial expenses

FISCAL 2024

(183)

Financial expenses

FISCAL 2023

(191)

Share of profit of other companies accounted for using the equity method

Share of profit of other companies accounted for using the equity method

NOTES

8

Share of profit of other companies accounted for using the equity method

FISCAL 2024

8

Share of profit of other companies accounted for using the equity method

FISCAL 2023

3

Profit for the year before tax Profit for the year before taxNOTESnot included Profit for the year before taxFISCAL 2024996 Profit for the year before taxFISCAL 2023749
Income tax expense

Income tax expense

NOTES

9.2

Income tax expense

FISCAL 2024

(249)

Income tax expense

FISCAL 2023

(181)

Net profit of the year from continuing operations Net profit of the year from continuing operationsNOTESnot included Net profit of the year from continuing operationsFISCAL 2024747 Net profit of the year from continuing operationsFISCAL 2023568
Net profit of the year from discontinued operations Net profit of the year from discontinued operationsNOTES3.2 Net profit of the year from discontinued operationsFISCAL 2024(568) Net profit of the year from discontinued operationsFISCAL 2023236
Net profit for the year Net profit for the yearNOTESnot included Net profit for the yearFISCAL 2024179 Net profit for the yearFISCAL 2023804
Of which:

Of which:

NOTESnot included

Of which:

FISCAL 2024not included

Of which:

FISCAL 2023not included
Profit attributable to non-controlling interests

Profit attributable to non-controlling interests

NOTESnot included

Profit attributable to non-controlling interests

FISCAL 2024

11

Profit attributable to non-controlling interests

FISCAL 2023

10

Net profit of the year from continuing operations – Attributable to non-controlling interests

Net profit of the year from continuing operations – Attributable to non-controlling interests

NOTESnot included

Net profit of the year from continuing operations – Attributable to non-controlling interests

FISCAL 2024

9

Net profit of the year from continuing operations – Attributable to non-controlling interests

FISCAL 2023

8

Net profit of the year from discontinued operations – Attributable to non-controlling interests

Net profit of the year from discontinued operations – Attributable to non-controlling interests

NOTESnot included

Net profit of the year from discontinued operations – Attributable to non-controlling interests

FISCAL 2024

2

Net profit of the year from discontinued operations – Attributable to non-controlling interests

FISCAL 2023

2

PROFIT ATTRIBUTABLE TO EQUITY HOLDERS OF THE PARENT PROFIT ATTRIBUTABLE TO EQUITY HOLDERS OF THE PARENTNOTESnot included PROFIT ATTRIBUTABLE TO EQUITY HOLDERS OF THE PARENTFISCAL 2024168 PROFIT ATTRIBUTABLE TO EQUITY HOLDERS OF THE PARENTFISCAL 2023794
Net profit of the year from continuing operations – Attributable to equity holders of the parent Net profit of the year from continuing operations – Attributable to equity holders of the parentNOTESnot included Net profit of the year from continuing operations – Attributable to equity holders of the parentFISCAL 2024738 Net profit of the year from continuing operations – Attributable to equity holders of the parentFISCAL 2023560
Net profit of the year from discontinued operations – Attributable to equity holders of the parent Net profit of the year from discontinued operations – Attributable to equity holders of the parentNOTESnot included Net profit of the year from discontinued operations – Attributable to equity holders of the parentFISCAL 2024(570) Net profit of the year from discontinued operations – Attributable to equity holders of the parentFISCAL 2023234
Basic earnings per share (in euros) Basic earnings per share (in euros)NOTES11.2 Basic earnings per share (in euros)FISCAL 20241.15 Basic earnings per share (in euros)FISCAL 20235.44
Net profit of the year from continuing operations – Group share per share (in euros)

Net profit of the year from continuing operations – Group share per share

(in euros)
NOTESnot included

Net profit of the year from continuing operations – Group share per share

(in euros)
FISCAL 2024

5.04

Net profit of the year from continuing operations – Group share per share

(in euros)
FISCAL 2023

3.83

Net profit of the year from discontinued operations – Group share per share (in euros)

Net profit of the year from discontinued operations – Group share per share

(in euros)
NOTESnot included

Net profit of the year from discontinued operations – Group share per share

(in euros)
FISCAL 2024

(3.89)

Net profit of the year from discontinued operations – Group share per share

(in euros)
FISCAL 2023

1.61

Diluted earnings per share (in euros) Diluted earnings per share (in euros)NOTES11.2 Diluted earnings per share (in euros)FISCAL 20241.13 Diluted earnings per share (in euros)FISCAL 20235.38
Net profit of the year from continuing operations – Group share diluted per share (in euros)

Net profit of the year from continuing operations – Group share diluted per share

(in euros)
NOTESnot included

Net profit of the year from continuing operations – Group share diluted per share

(in euros)
FISCAL 2024

4.98

Net profit of the year from continuing operations – Group share diluted per share

(in euros)
FISCAL 2023

3.80

Net profit of the year from discontinued operations – Group share diluted per share (in euros)

Net profit of the year from discontinued operations – Group share diluted per share

(in euros)
NOTESnot included

Net profit of the year from discontinued operations – Group share diluted per share

(in euros)
FISCAL 2024

(3.85)

Net profit of the year from discontinued operations – Group share diluted per share

(in euros)
FISCAL 2023

1.58