This website uses own and third party cookies, and similar technologies, to enhance your visit by adapting browsing to your preferences. By continuing to browse our site, you accept our cookie policy Opens in new window
You are in |

Economic-Financial Data

NET PROFIT AMOUNTED TO €1,831 MILLION IN THE FIRST 9 MONTHS AND MAINTAINS SHAREHOLDER REMUNERATION LEVELS

  • EBITDA was 3.1% higher at €6,965 million with performance in the UK, US, Brazil and Mexico compensating a 7.4% drop in Spain.
  • Operating efficiency improved more than 2% due to control of net recurring operating expenses.
  • Gross investments came to €3,716 million, with nearly 90%  allocated to regulated businesses, and were held below operating cash flow in all areas.
  • Debt was reduced by around €1.5 billion to €25,344 million, and net debt / EBITDA to 3.6 times, in line with the objective for 2016.
  • The results enable the Company to maintain annual remuneration for shareholders at least €0.27 gross per share.
  •  
Balance sheet
  2014 (€ MILLIONS) v. 2013Note (1)
TOTAL ASSETS 93,771 4.4%
TANGIBLE FIXED ASSETS 55,590 7.5%
INTANGIBLE FIXED ASSETS 16,862 5.4%
LONG-TERM INVESTMENTS 3,780 -25.0%
SHAREHOLDERS’ EQUITY 35,791 1.4%
ADJUSTED NET DEBTNote (2) 25,619 -4.5%

 

Consolidated Income Statement
  2014 (€ MILLIONS) v. 2013Note (1)
REVENUES 30,032.3 3.4%
GROSS MARGIN 12,179.5 3,4%
EBITDA 6,964.5 3,1%
EBIT 3,940.9 77,6%
RECURRENT NET PROFIT 2.112,9 -2,8%
NET PROFIT 2,326.5 -9.5%
CASH FLOW 5.458.6 -2,3%

 

Gross Operating Profit (Ebitda)
  2014 (€ MILLIONS) CHANGE %
NETWORKS 3.534,8 5,6%
GENERATION AND SUPPLY 2.292,2 15,4%
RENEWABLES 1.326,0 -11,7%
OTHER BUSINESSES -17,0 N/A

 

Footnotes:

  • Note (1) Restated.
  • Note (2) Includes regulatory receivables and TEI.
  • © 2015 Iberdrola, S.A. All rights reserved.