Universal Registration Document Fiscal 2025

5.3 Additional information on the individual Company financial statements

5.3 Additional information on the individual Company financial statements

5.3.1 Five-year financial summary

(in millions of euros) FISCAL 2025(1) FISCAL 2024 FISCAL 2023 FISCAL 2022 FISCAL 2021
Capital at end of period Capital at end of periodFISCAL 2025(1)

 

Capital at end of period

FISCAL 2024

 

Capital at end of period

FISCAL 2023

 

Capital at end of period

FISCAL 2022

 

Capital at end of period

FISCAL 2021

 

Share capital

Share capital

FISCAL 2025(1)

590

Share capital

FISCAL 2024

590

Share capital

FISCAL 2023

590

Share capital

FISCAL 2022

590

Share capital

FISCAL 2021

590

Number of ordinary shares outstanding

Number of ordinary shares outstanding

FISCAL 2025(1)

147,454,887

Number of ordinary shares outstanding

FISCAL 2024

147,454,887

Number of ordinary shares outstanding

FISCAL 2023

147,454,887

Number of ordinary shares outstanding

FISCAL 2022

147,454,887

Number of ordinary shares outstanding

FISCAL 2021

147,454,887

Maximum number of potential new shares issuable by conversion of bonds

Maximum number of potential new shares issuable by conversion of bonds

FISCAL 2025(1)

Maximum number of potential new shares issuable by conversion of bonds

FISCAL 2024

Maximum number of potential new shares issuable by conversion of bonds

FISCAL 2023

Maximum number of potential new shares issuable by conversion of bonds

FISCAL 2022

Maximum number of potential new shares issuable by conversion of bonds

FISCAL 2021

Income statement data Income statement dataFISCAL 2025(1)

 

Income statement data

FISCAL 2024

 

Income statement data

FISCAL 2023

 

Income statement data

FISCAL 2022

 

Income statement data

FISCAL 2021

 

Revenues excluding taxes

Revenues excluding taxes

FISCAL 2025(1)

255

Revenues excluding taxes

FISCAL 2024

242

Revenues excluding taxes

FISCAL 2023

224

Revenues excluding taxes

FISCAL 2022

202

Revenues excluding taxes

FISCAL 2021

168

Earnings before income tax, employee profit-sharing, depreciation, amortization and provisions

Earnings before income tax, employee profit-sharing, depreciation, amortization and provisions

FISCAL 2025(1)

1,205

Earnings before income tax, employee profit-sharing, depreciation, amortization and provisions

FISCAL 2024

1,629

Earnings before income tax, employee profit-sharing, depreciation, amortization and provisions

FISCAL 2023

1,350

Earnings before income tax, employee profit-sharing, depreciation, amortization and provisions

FISCAL 2022

339

Earnings before income tax, employee profit-sharing, depreciation, amortization and provisions

FISCAL 2021

184

Income tax

Income tax

FISCAL 2025(1)

(105)

Income tax

FISCAL 2024

(8)

Income tax

FISCAL 2023

10

Income tax

FISCAL 2022

9

Income tax

FISCAL 2021

15

Employee profit-sharing

Employee profit-sharing

FISCAL 2025(1)

(3)

Employee profit-sharing

FISCAL 2024

(1)

Employee profit-sharing

FISCAL 2023

Employee profit-sharing

FISCAL 2022

Employee profit-sharing

FISCAL 2021

Earnings after income tax, employee profit-sharing, depreciation, amortization and provisions

Earnings after income tax, employee profit-sharing, depreciation, amortization and provisions

FISCAL 2025(1)

777

Earnings after income tax, employee profit-sharing, depreciation, amortization and provisions

FISCAL 2024

1,545

Earnings after income tax, employee profit-sharing, depreciation, amortization and provisions

FISCAL 2023

1,308

Earnings after income tax, employee profit-sharing, depreciation, amortization and provisions

FISCAL 2022

321

Earnings after income tax, employee profit-sharing, depreciation, amortization and provisions

FISCAL 2021

136

Dividend payout

Dividend payout

FISCAL 2025(1)

400

Dividend payout

FISCAL 2024

1,317

Dividend payout

FISCAL 2023

459

Dividend payout

FISCAL 2022

356

Dividend payout

FISCAL 2021

294

Per share data Per share dataFISCAL 2025(1)

 

Per share data

FISCAL 2024

 

Per share data

FISCAL 2023

 

Per share data

FISCAL 2022

 

Per share data

FISCAL 2021

 

Earnings after income tax and employee profit-sharing but before depreciation, amortization and provisions

Earnings after income tax and employee profit-sharing but before depreciation, amortization and provisions

FISCAL 2025(1)

7.44

Earnings after income tax and employee profit-sharing but before depreciation, amortization and provisions

FISCAL 2024

10.99

Earnings after income tax and employee profit-sharing but before depreciation, amortization and provisions

FISCAL 2023

9.22

Earnings after income tax and employee profit-sharing but before depreciation, amortization and provisions

FISCAL 2022

2.36

Earnings after income tax and employee profit-sharing but before depreciation, amortization and provisions

FISCAL 2021

1.35

Earnings after income tax, employee profit-sharing, depreciation, amortization and provisions

Earnings after income tax, employee profit-sharing, depreciation, amortization and provisions

FISCAL 2025(1)

5.27

Earnings after income tax, employee profit-sharing, depreciation, amortization and provisions

FISCAL 2024

10.48

Earnings after income tax, employee profit-sharing, depreciation, amortization and provisions

FISCAL 2023

8.87

Earnings after income tax, employee profit-sharing, depreciation, amortization and provisions

FISCAL 2022

2.18

Earnings after income tax, employee profit-sharing, depreciation, amortization and provisions

FISCAL 2021

0.93

Net dividend per share(2)

Net dividend per share

(2)
FISCAL 2025(1)

2.70

Net dividend per share

(2)

FISCAL 2024

8.89

Net dividend per share

(2)

FISCAL 2023

3.10

Net dividend per share

(2)

FISCAL 2022

2.40

Net dividend per share

(2)

FISCAL 2021

2.00

Dividend premium per eligible share(2)

Dividend premium per eligible share

(2)
FISCAL 2025(1)

0.27

Dividend premium per eligible share

(2)

FISCAL 2024

0.89

Dividend premium per eligible share

(2)

FISCAL 2023

0.31

Dividend premium per eligible share

(2)

FISCAL 2022

0.24

Dividend premium per eligible share

(2)

FISCAL 2021

0.20

(in millions of euros) FISCAL 2025 FISCAL 2024 FISCAL 2023 FISCAL 2022 FISCAL 2021
Employee data Employee dataFISCAL 2025

 

Employee dataFISCAL 2024

 

Employee dataFISCAL 2023

 

Employee dataFISCAL 2022

 

Employee dataFISCAL 2021

 

Average number of employees during the fiscal year

Average number of employees during the fiscal year

FISCAL 2025

504

Average number of employees during the fiscal year

FISCAL 2024

508

Average number of employees during the fiscal year

FISCAL 2023

511

Average number of employees during the fiscal year

FISCAL 2022

487

Average number of employees during the fiscal year

FISCAL 2021

465

Salary expense for the fiscal year

Salary expense for the fiscal year

FISCAL 2025

64

Salary expense for the fiscal year

FISCAL 2024

68

Salary expense for the fiscal year

FISCAL 2023

83

Salary expense for the fiscal year

FISCAL 2022

65

Salary expense for the fiscal year

FISCAL 2021

73

Social security and other employee benefits paid during the fiscal year

Social security and other employee benefits paid during the fiscal year

FISCAL 2025

32

Social security and other employee benefits paid during the fiscal year

FISCAL 2024

32

Social security and other employee benefits paid during the fiscal year

FISCAL 2023

35

Social security and other employee benefits paid during the fiscal year

FISCAL 2022

35

Social security and other employee benefits paid during the fiscal year

FISCAL 2021

31

5.3.2 Appropriation of earnings

(in millions of euros) FISCAL 2025(1) FISCAL 2024 FISCAL 2023 FISCAL 2022 FISCAL 2021
Net profit

Net profit

FISCAL 2025(1)

777

Net profit

FISCAL 2024

1,545

Net profit

FISCAL 2023

1,308

Net profit

FISCAL 2022

321

Net profit

FISCAL 2021

136

Retained earnings

Retained earnings

FISCAL 2025(1)

2,564

Retained earnings

FISCAL 2024

2,327

Retained earnings

FISCAL 2023

1,475

Retained earnings

FISCAL 2022

1,506

Retained earnings

FISCAL 2021

1,664

Retained earnings(2)

Retained earnings

(2)
FISCAL 2025(1)

28

Retained earnings

(2)

FISCAL 2024

28

Retained earnings

(2)

FISCAL 2023

28

Retained earnings

(2)

FISCAL 2022

28

Retained earnings

(2)

FISCAL 2021

28

Retained earnings(3)

Retained earnings

(3)
FISCAL 2025(1)

Retained earnings

(3)

FISCAL 2024

Retained earnings

(3)

FISCAL 2023

Retained earnings

(3)

FISCAL 2022

Retained earnings

(3)

FISCAL 2021

Transfer to legal reserve

Transfer to legal reserve

FISCAL 2025(1)

Transfer to legal reserve

FISCAL 2024

Transfer to legal reserve

FISCAL 2023

Transfer to legal reserve

FISCAL 2022

Transfer to legal reserve

FISCAL 2021

Transfer from long-term capital gains reserve

Transfer from long-term capital gains reserve

FISCAL 2025(1)

Transfer from long-term capital gains reserve

FISCAL 2024

Transfer from long-term capital gains reserve

FISCAL 2023

Transfer from long-term capital gains reserve

FISCAL 2022

Transfer from long-term capital gains reserve

FISCAL 2021

Distributable earnings Distributable earningsFISCAL 2025(1)3,369 Distributable earnings

FISCAL 2024

3,900
Distributable earnings

FISCAL 2023

2,811
Distributable earnings

FISCAL 2022

1,855
Distributable earnings

FISCAL 2021

1,828
Net dividend(4)

Net dividend

(4)
FISCAL 2025(1)

394

Net dividend

(4)

FISCAL 2024

1,301

Net dividend

(4)

FISCAL 2023

454

Net dividend

(4)

FISCAL 2022

350

Net dividend

(4)

FISCAL 2021

292

Dividend premium(4)

Dividend premium

(4)
FISCAL 2025(1)

2

Dividend premium

(4)

FISCAL 2024

7

Dividend premium

(4)

FISCAL 2023

2

Dividend premium

(4)

FISCAL 2022

2

Dividend premium

(4)

FISCAL 2021

2

Reserves

Reserves

FISCAL 2025(1)

 

Reserves

FISCAL 2024

Reserves

FISCAL 2023

Reserves

FISCAL 2022

Reserves

FISCAL 2021

Retained earnings Retained earningsFISCAL 2025(1)2,973 Retained earnings

FISCAL 2024

2,592
Retained earnings

FISCAL 2023

2,355
Retained earnings

FISCAL 2022

1,503
Retained earnings

FISCAL 2021

1,534
Number of shares outstanding Number of shares outstandingFISCAL 2025(1)147,454,887  Number of shares outstanding

FISCAL 2024

147,454,887 
Number of shares outstanding

FISCAL 2023

147,454,887 
Number of shares outstanding

FISCAL 2022

147,454,887 
Number of shares outstanding

FISCAL 2021

147,454,887
Number of shares entitled to a dividend Number of shares entitled to a dividendFISCAL 2025(1)147,454,887  Number of shares entitled to a dividend

FISCAL 2024

147,454,887 
Number of shares entitled to a dividend

FISCAL 2023

147,454,887 
Number of shares entitled to a dividend

FISCAL 2022

147,454,887 
Number of shares entitled to a dividend

FISCAL 2021

147,454,887
Earnings per share (in euros) Earnings per share (in euros)FISCAL 2025(1)5.27 Earnings per share (in euros)

FISCAL 2024

10.48
Earnings per share (in euros)

FISCAL 2023

8.87
Earnings per share (in euros)

FISCAL 2022

2.18
Earnings per share (in euros)

FISCAL 2021

0.93