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Consolidated income statement

Consolidated income statement

millions of €

 

 

 

 

 

Q1 2026

Q1 2025

Change
%

FY 2025

Net revenue

29,870

29,755

0.4

119,081

Of which: interest income calculated using the effective interest method

197

189

4.3

738

Of which: revenue from insurance contracts

1,097

1,164

(5.7)

4,327

Other operating income

290

323

(10.2)

1,358

Changes in inventories

15

0

n.a.

(23)

Own capitalized costs

673

658

2.3

2,706

Goods and services purchased

(11,945)

(11,667)

(2.4)

(48,747)

Personnel costs

(5,189)

(4,956)

(4.7)

(19,781)

Other operating expenses

(1,437)

(1,335)

(7.6)

(5,764)

Impairment losses on financial assets, contract assets, and lease assets

(391)

(363)

(7.7)

(1,559)

Gains (losses) from the write-off of financial assets measured at amortized cost

(3)

(3)

(15.0)

(21)

Other

(1,043)

(970)

(7.6)

(4,183)

EBITDA

12,278

12,779

(3.9)

48,831

Depreciation, amortization and impairment losses

(6,436)

(6,013)

(7.0)

(24,009)

Profit (loss) from operations (EBIT)

5,843

6,766

(13.6)

24,822

Finance costs

(1,507)

(1,516)

0.6

(5,909)

Interest income

123

171

(27.8)

613

Interest expense

(1,631)

(1,687)

3.3

(6,522)

Share of profit (loss) of associates and joint ventures accounted for using the equity method

(64)

605

n.a.

765

Other financial income (expense)

(39)

(6)

n.a.

(179)

Profit (loss) from financial activities

(1,611)

(917)

(75.7)

(5,323)

Profit (loss) before income taxes

4,232

5,849

(27.6)

19,499

Income taxes

(1,137)

(1,519)

25.2

(4,573)

Profit (loss)

3,096

4,330

(28.5)

14,926

Profit (loss) attributable to

 

 

 

 

Owners of the parent (net profit (loss))

2,043

2,845

(28.2)

9,609

Non-controlling interests

1,053

1,485

(29.1)

5,317

Earnings per share

Earnings per share

 

 

 

 

 

 

 

 

Q1 2026

Q1 2025

Change
%

FY 2025

Profit (loss) attributable to the owners of the parent (net profit (loss))

millions of €

2,043

2,845

(28.2)

9,609

Adjusted weighted average number of ordinary shares outstanding (basic and diluted)

millions

4,830

4,894

(1.3)

4,871

Earnings per share (basic and diluted)

0.42

0.58

(27.2)

1.97

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